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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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🇨🇳 Tonight's June PMI is the first clean read on whether China's factory momentum outlasts tariff front-loading

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🇬🇧 UK mortgage approvals fall to 56,205 in May as private credit cools, and the hawks' hike case weakens with it

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🇪🇺 Spain's HICP holds at 3.6% and eurozone M3 accelerates, putting a second ECB hike back in play

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🇺🇸 Warsh reaches for Greenspan's playbook, but the inflation math doesn't follow

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Featured Post The day in view

📰 Daily Macro Roundup: 2026-06-26

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🇨🇳 China's record trade windfall cannot fix what the balance sheet is breaking

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🌏 Brazil's external accounts are self-financing while Singapore's semiconductor output rolls over

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🇪🇺 Italy's BTP spread is near post-Lehman lows even as the ECB hikes. The conventional playbook doesn't hold.

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🇬🇧 UK retail hits an 18-month low, and the BoE's hawks still want to hike

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🇺🇸 US manufacturing hits a four-year high while shedding jobs at the fastest pace since COVID

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