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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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🇪🇺 Eurozone inflation is back at 3.2% and services stagflation is the part the ECB cannot simply hike away

3 min read
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🇺🇸 May payrolls beat, but the revisions erased the soft-landing story

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📰 Daily Macro Roundup: 2026-06-04

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🇨🇳 Caixin services jump to 54.4 as manufacturing returns to stall speed

2 min read
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🌏 India's 59.8 services PMI gives the RBI political cover for a hawkish tilt tomorrow

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🇬🇧 UK construction closes in on GFC-length contraction as rate markets flip from cuts to hikes

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🇪🇺 ECB hikes into an energy shock while Switzerland shows what the alternative looks like

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🇺🇸 Collins calls the hold "close to neutral" as the Fed's real rate buffer approaches zero

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📰 Daily Macro Roundup: 2026-06-03

4 min read
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🇨🇳 China's May manufacturing PMI flatlined at 50.0 as new orders fell back into contraction

3 min read
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