🇬🇧 BoE's Greene relitigates the transitory debate as services PMI tips into contraction
🇪🇺 ECB walks into June hike as services PMI contracts and energy inflation hits 10.9%
🇺🇸 May's 172K payrolls and 54.0 ISM demolished the tariff recession call
📰 Daily Macro Roundup: 2026-06-05
🇨🇳 China's split-survey PMI exposes a domestic demand failure the PBOC is trying to work around
🌏 India grew 7.7% in FY26, but the RBI's own forecasts tell a harder FY27 story
🇬🇧 UK corporate price expectations hit a 15-month high, and July's Ofgem cap reset hasn't landed yet
🇪🇺 Eurozone inflation is back at 3.2% and services stagflation is the part the ECB cannot simply hike away
🇺🇸 May payrolls beat, but the revisions erased the soft-landing story
📈 The Strategy: 2026-06-05