Macro Briefing: 13 July 2018

Trump: May is wrecking Brexit and US-UK trade deal is uncertain: The Sun
At NATO summit, Trump didn’t rule out ending military exercises: CNN
China’s trade surplus rose to record in June: Reuters
Annual US consumer inflation rate ticks up to 6-year high in July: MW
US jobless claims fell to 2-month low during July 4 holiday week: Bloomberg
Worldwide PC shipments increased in Q2 2018, first gain in years: C|NET
Will the Fed pull back from more rate hikes to avoid an inverted yield curve? MW
US 10yr-2yr Treasury yield curve sinks to new 11-year low — 25 basis points:

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