Rio Times Global Economy Briefing
The Big Three
The Dow crossed 51,000. Industrials closed at 51,032.46 (+0.72%) for the first time ever, while the S&P 500 at 7,580.06 logged a ninth straight winning week — the longest streak of 2026.
German inflation cracked. CPI cooled to 2.6% in May from 2.9%, well below the 2.9% consensus, handing the ECB its cleanest disinflation print of the year.
Brazil Q1 GDP beat. The economy expanded 1.1% quarter-on-quarter against 1.0% consensus — three times the prior 0.3% pace, even with the Selic at 14.50%.
