Skip to Navigation Skip to Posts Skip to Content
🇺🇸 June flash PMI arrives with services at 51.1 and Kevin Warsh's congressional debut three weeks out
The day in view

🇺🇸 June flash PMI arrives with services at 51.1 and Kevin Warsh's congressional debut three weeks out

Macro Soup Newsroom Macro Soup Newsroom 2 min read

Flash June PMI prints today with services at 51.1, barely above the expansion line. A miss sharpens the contradiction between the hawkish FOMC dot plot and Kevin Warsh's first congressional testimony on July 14.

Bar chart titled 'United States ADP Employment Change Weekly (Thousand)' with blue bars showing weekly values from March to May, ranging 7-39.
ADP private payrolls rose to 30.75K in the latest week, the strongest reading in recent weeks and a sign of sustained labor market strength ahead of flash PMIs. Source

Read next

Featured Post The day in view

📰 Daily Macro Roundup: 2026-07-13

3 min read
Paid Post The day in view

🇨🇳 China's AI export boom masks a consumer economy that's still shrinking

3 min read

Become a Member

Daily and weekly briefings on global markets, for self-directed investors who want to be informed, not doomscrolled.

Sign up now

Daily macro and markets briefings for self-directed investors. Global coverage, no doomscrolling.

© 2026 Macro Soup - Macro Soup is an independent publisher of financial news and research. The information provided in this website (the "Content") is general, impersonal, and for informational and educational purposes only. It does not constitute investment, financial, tax, or legal advice, nor a recommendation, offer, or solicitation to buy, sell, or hold any security or investment. Macro Soup has no regard for any recipient's specific investment objectives, financial situation, or needs. Investing involves substantial risks, including possible loss of principal, and past performance is not indicative of future results. You should consult your own advisors before making investment decisions and should double check all Content before you rely on it. Please review the full Disclaimer.