Daily Archives: Dec 7, 2020 at 07:18 am EST

Macro Briefing: 7 December 2020

* Details on pandemic relief package expected from negotiators today
* Biden picks California Attorney General Xavier Becerra for top US health post
* China’s trade surplus widened to a record in November
* Sterling’s losses against US dollar continue as Brexit talks founder
* Car sales drive German industrial output sharply higher in October
* Slowdown in US payrolls threatens economic recovery
* US Treasury market’s implied inflation forecast rises to highest since May 2019: