🇬🇧 UK's April CPI miss is an Ofgem artefact; the Q3 spike is already on the calendar
🇺🇸 ISM prices paid hit a four-year high as markets price June's hold but not its signal
📈 The Strategy: 2026-06-01
📑 The Watchlist: 2026-06-01
📰 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.
