🇬🇧 Manufacturing flatters the UK PMI, but services are sinking at the fastest pace in three years
🇺🇸 Warsh drops his dot and the guidance, leaving nine hawkish colleagues to speak for the Fed
📰 Daily Macro Roundup: 2026-06-23
🇨🇳 China's retail sales turned negative in May for the first time since the COVID lockdowns, and the PBoC held rates anyway
🌏 Brazil's Copom cuts the Selic to 14.25% as inflation expectations drift further from target; India holds at 5.25%
🇬🇧 UK services PMI sinks to 48.7 as Starmer's exit leaves the BoE carrying the economy alone
🇪🇺 The ECB raised rates into a contracting eurozone, then sent Lagarde to parliament to justify it
🇺🇸 June flash PMI arrives with services at 51.1 and Kevin Warsh's congressional debut three weeks out
📰 Daily Macro Roundup: 2026-06-22
🇬🇧 UK services tip into contraction and inflation re-accelerates, leaving the BoE without a clean move