Macro Briefing: 17 August 2021

* Biden defends chaotic collapse of Afghan government
* With rare earth metals at stake, China may align with Taliban in Afghanistan
* Five US states broke records for average number of daily new Covid cases
* US declares first-ever cuts on water use from Colorado River
* China unveils more rules to tighten grip on its tech sector
* Revised Eurozone GDP data for Q2 confirms 2% growth
* NY Fed Mfg Index points to sharply softer growth in August
* US 10-year yield resumes decline, falling to 1.26%–a seven-day low:

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