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U.S. services PMI tumbles
The U.S. ISM services PMI tumbled to 52.9 in May from April's 55.7, missing expectations of 55.4.
Factory orders on the other hand rose 1.9% m/m in April, compared to March's 1.5% gain, revised higher from plus 1.1%, while analysts expected a 1.8% rise.
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