Macro Briefing | 3 August 2020

Dr Birx, White House task force coordinator: US in ‘new phase’ of pandemic: CNN
US stimulus plans still deadlocked in Washington: CNBC
Fed may end policy of pre-emptively lifting rates to fight inflation: WSJ
New US Covid-19 cases and deaths fell to 4-week lows on Aug 2: JHU
Is US dollar’s slide a reaction to country’s struggle with coronavirus? BBG
Microsoft says it’s still in talks to buy China’s US division of TikTok: NYT
Lord & Taylor, oldest dept. store in US, files for bankruptcy: NPR
Eurozone Mfg PMI survey data shows a return to modest growth in July: IHS Markit
UK mfg output rises to 32-month high as growth returns in July: IHS Markit
US 10-year Treasury real yield fell to -1.0% last week, a record low:

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