US: Challenger Job Cuts dropped to 36.398K in May

FXstreet.com (Barcelona) - Consultant Challenger, Gray & Christmas informed that plans to cut payrolls decreased by 36.398K during the month of May vs. April’s 38.121K.

Flash: ECB expected to take no action - BBH

While not committing to any action, ECB President Draghi's comments fanned speculation of a discount rate cut and some measures to help the funding for small and medium size businesses, according to the BBH analyst team.
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