🇨🇳 China's reflation looks like a supply trick, not a demand fix
🌏 India's trade gap widens because of gold, not weak exports
🇬🇧 UK GDP beat forecast, but the strength is sitting in the wrong place
🇪🇺 Euro area factories stopped shrinking, but the ECB isn't celebrating
🇺🇸 Producer prices cool fast, but consumers aren't feeling it yet
📰 Daily Macro Roundup: 2026-08-12
🇨🇳 China's producer deflation streak outlasts the 2015-16 commodity bust
🌏 EM central banks are pulling apart, not just from the Fed
🇬🇧 Three BoE policymakers voted to hike, not cut, in July
🇪🇺 German inflation jumps to 2.8% and boxes in the ECB's rate pause
