Activity in Canada’s services industry picked up slightly last month despite a fall in new business and ongoing economic uncertainty.
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Canada Services Activity Grows Slightly in May
Japan Confirms Yen Intervention Over Past Month, Spending Record Sum
Japan spent more than $73 billion between April 28 and May 27 to lift its currency relative to the dollar. Source link
U.K. Unemployment Inches Higher
The unemployment rate edged up to 5.0%, with further rises expected in the coming months as the Iran war continues to weigh on the economy. […]
U.S. Services-Sector Activity Continued to Expand in May
The Institute for Supply Management’s purchasing managers index for services providers was 54.5 compared with 53.6 in April. Source link