There is economic buzz in U.K. : In the may manufactacturing PMI goes at 3 year low .

The May purchasing managers index for Britains manufacturing sector released on Friday fell sharply to post a three-year low, indicating a steeper-than-expected contraction in activity. The Market/CIPS manufacturing PMI fell to 45.9 from a reading of 50.2 in April. A reading of less than 50 indicates activity shrank.

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