Australia’s Retail Sales rise 0.6% MoM in May vs. 0.2% expected

Australia’s Retail Sales, a measure of the country’s consumer spending, rose 0.6% MoM in May from the previous reading of a 0.1% increase, according to the official data published by the Australian Bureau of Statistics (ABS) on Wednesday.
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China’s Caixin Services PMI drops to 51.2 in June vs. 53.4 expected

China's Services Purchasing Managers' Index (PMI) fell from 54.0 in May to 51.2 in June, according to the latest data released by Caixin on Wednesday.
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