Macro Soup Newsroom
Truly global
Macro Soup's editorial desk. Daily and weekly briefings on global markets for self-directed investors. Global coverage, 5 to 7 minutes, written by a peer who has seen enough cycles to take the data seriously and the noise less so.
🌍 The oil market ran on two unspoken guarantees for 50 years. Both just broke.
Daily Macro Roundup: 2026-05-05
🇨🇳 China's Q1 GDP printed 5.9% — the record beat is real, the front-loading question is realer
🌍 Brazil disinflates, India's PMI holds above 57, and Korea's April CPI narrows the EM easing queue
🇬🇧 BoE's QE loss estimate reaches £125bn as gilt yields keep the fiscal pressure on
🇪🇺 Eurozone PMI holds at 52.2 for a fourth straight month as ECB hawks and doves split on June
🇺🇸 Treasury dropped core inflation from its scorecard. The timing is convenient.
Daily Macro Roundup: 2026-05-04
🇨🇳 China's PMIs split in April: manufacturing held, services contracted, and stimulus still hasn't closed the demand gap
🌍 EM manufacturing is fracturing into three blocs — and a Hormuz incident threatens the leaders
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