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Spain Markit Services PMI came in at 52.8, above expectations (52.5) in May

PBOC likely to cut its main policy rate – ABN AMRO

Nick Kounis, head of financial markets research, suggests that they are expecting the PBOC to cut its main policy rate for the first time since econom
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World Bank cuts its global growth forecast to 2.6% this year – Deutsche Bank

Deutsche Bank analysts point out that the World Bank cut its global growth forecast to 2.6% this year (vs. 2.9% previously) and 2.7% next year. Key Qu
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