U.S. manufacturing ISM for May falls to 53.2, missing even the most pessimistic forecast of 54.0 in the Reuters poll of 70 economists
LONDON, June 2 (Reuters) – Britain’s economic recovery is
showing signs of a healthier balance after data on Monday
suggested some of the heat is coming out of the housing market
while manufacturing remains strong.
Mortgage approvals fell to a nine-month low in April, the
Bank of England said, suggesting new measures to control
mortgage lending were leaving their mark.