🌏 Asia's central banks have stopped answering to inflation alone
🇬🇧 UK's data is split enough that hawks and doves can both claim vindication before September 17
🇪🇺 Germany's export orders return after four years, just as the ECB prepares to hike into a fractured eurozone
🇺🇸 A Fed with no reaction function heads into September's meeting
📰 Daily Macro Roundup: 2026-09-04
🇨🇳 PBOC fights the yuan's rally while Beijing rations its fiscal firepower
🌏 Korea's central bank just raised its surplus forecast 80%, and it might still be too low
🇬🇧 UK services PMI hits a four-month high as construction's slump grinds toward two years
🇺🇸 US payrolls beat wasn't the story, the revision was
🇪🇺 Germany's factory-order beat hides a consumer that just fell off a cliff
