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U.S ISM non-manufacturing PMI registered 60.7 percent, which is 0.4 percentage point higher than the October reading of 60.3 percent

This represents continued growth in the non-manufacturing sector, at a slightly faster rate. The Non-Manufacturing Business Activity Index increased to 65.2 percent, 2.7 percentage points higher than the October reading of 62.5 percent, reflecting growth for the 112th consecutive month, at a faster rate in November. The New Orders Index registered 62.5 percent, 1 percentage point higher than the reading of 61.5 percent in October. The Employment Index decreased 1.3 percentage points in November to 58.4 percent from the October reading of 59.7 percent.

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10:39 22.05.2019
China cracks down on high-interest rate deposit schemes
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10:20 22.05.2019
Australia: Cooling construction activity in Q1 2019 - Westpac
Andrew Hanlan, analyst at Westpac, points out that Australian construction sector experienced a further cooling of conditions in early 2019, with construction work contracting for a third consecutive quarter, falling by: -3.6% in Q3 2018; -2.1% in Q4; and -1.9% in Q1 2019.“The March quarter outcome fell short of expectations, which were for a consolidation (market median flat and Westpac +0.2%). With the construction sector accounting for about 14% of the economy, this result will subtract in
10:00 22.05.2019
FOMC Minutes and UK inflation amongst market movers today – Danske Bank
“In the UK, European elections kick off today. Normally, the elections would not be a major market mover but, given Brexit, it is more interesting this time, not least because the Conservative Party is likely to suffer a heavy defeat and Nigel Farage's new Brexit party may be the biggest party of all. In our view, it is likely this would increase pressure on Prime Minister Theresa May to resign. Furthermore, CPI inflation for April is also on the agenda", Danske Bank said. "In the US, markets
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