Macro Soup Newsroom
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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.
🌐 Industry in Focus, 25-05-2026: Oil markets had a backup route around Hormuz. Iran took it out.
🌐 Spain loses the Shakira case and €60 million. Turkey is paying attention.
🌏 India WPI at 8.30% is a 42-month high, and Hormuz has turned a Gulf supply shock into a central bank problem across EM
🇬🇧 UK's Q1 GDP beat was broad and real. The trade deficit is the asterisk.
🇪🇺 Spain's national CPI eased in April. The ECB's target measure did not.
🇺🇸 The April retail sales beat doesn't survive contact with the import price data
🇺🇸 Industry in Focus, 14-05-2026: America's Chip Industry Gets a State Investor
🇬🇧 UK gilt vigilantes are back: 30-year yields at a 28-year high as bond markets price Labour's leadership crisis
🇪🇺 German inflation hits 2.9%, Nagel calls for ECB rate hikes, and the bank has no clean path forward
🇺🇸 Tariff costs are moving into the selling chain, and the CPI print at 3.8% is probably a floor
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