United Kingdom Markit Construction PMI below expectations (50.5) in May: Actual (48.6)

Westpac cuts the key mortgage lending rate by 20bps

The latest Australian bank to cut the mortgage rate cut is Westpac. Westpac slashes the key mortgage lending rate by 20bps, following the footsteps of
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UK construction PMI drops to 48.6 in May, sharpest decline since March 2018 (GBP unfazed)

The construction sector activity in the UK returned to the contraction territory last month, the latest survey report from Markit Economics showed thi
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