🌏 Brazil's April industrial beat suits a BCB that wants to cut slowly, but the PMI just went negative
🇬🇧 UK services slip into contraction for the first time in 13 months as Greene signals a growing case for hikes
🇪🇺 Spain holds expansion while France and Germany contract, putting one rate policy against two crises
🇺🇸 Vacancies hit a near two-year high, but nobody is actually hiring
📰 Daily Macro Roundup: 2026-06-02
🇨🇳 China's record April surplus masks an ASEAN re-routing play
🌏 India's PMI resilience masks a 45-month input cost spike the RBI is cutting into
🇬🇧 UK house prices post first fall of 2026 on a confidence shock that rate cuts cannot cure
🇺🇸 Warsh's first FOMC statement carries more signal than the 97%-priced hold
🇪🇺 Eurozone services hit 3.5% while the front end prices June as terminal