Macro Briefing: 10 August 2021

* Dems unveil $3.5 trillion budget as infrastructure bill closer to Senate approval
* Two Fed officials suggest tapering and rate hike are near
* Delta variant of Covid-19 strains hospitals across US
* Covid outbreak due to Delta variant raises risks for China’s economy
* German investor sentiment weakens for third month in a row in August
* Unfilled job openings rose to another record high in June
* US job openings in June increased to 10.1 million–a series high:

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