📰 Weekly Macro Roundup: 2026-05-30
🇨🇳 China's industrial profits are at a 30-month high. Retail sales are at a 40-month low.
🌏 EM central banks are fracturing along the current account fault line
🇪🇺 Germany's May CPI misses by 30 basis points, and the energy impulse behind Schnabel's post-June case is already fading
🇬🇧 UK composite PMI fell to a 13-month low in May while services input costs hit an all-time survey high
🇺🇸 Yields retreated. The inflation pipeline did not.
📰 Daily Macro Roundup: 2026-05-29
🇨🇳 PBOC's May easing has reached the offshore channel, but the order book hasn't followed
🌏 SARB's 4-2 hike leaves the harder question to May CPI
🇬🇧 Bailey anchors a hold before June's services CPI test