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The day in view

Every day, something moves markets. Usually the Fed; sometimes a GDP print; occasionally something no one saw coming except apparently everyone did. The macro headlines that actually matter, with the context to make sense of them.

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The day in view
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🇬🇧 UK April GDP contracts as gilt markets push back on the BoE's terminal rate story

3 min read
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🇪🇺 Lagarde rejects 'insurance hike' and writes stagflation into the ECB's official baseline

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🇺🇸 Soft core CPI gave markets what they wanted. The PPI pipeline will take it back.

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📰 Daily Macro Roundup: 2026-06-11

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🇨🇳 China's PPI at a near four-year high while the consumer economy goes the other way

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🌏 Seven weeks after Hormuz, Thursday's CPI prints put EM easing cycles to the test

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🇬🇧 UK housing has erased all of 2024's recovery as gilt yields anchor mortgage costs beyond the Bank Rate's reach

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🇪🇺 ECB hikes back to 2.25% as staff projections put inflation above target through 2027

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🇺🇸 Small businesses set prices at a 2023 hiking-cycle pace while cutting investment to a 2009 low

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📰 Daily Macro Roundup: 2026-06-10

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