Daily Archives: Dec 14, 2020 at 07:13 am EST

Macro Briefing: 14 December 2020

* US vaccine rollout begins, offering hope for a beleaguered nation
* Electoral College today is set to formally cast votes for Biden as next president
* Vaccine rollout will likely be a topic at this week’s Fed meeting
* EU and UK extend trade talks but say no-deal Brexit is likely
* Eurozone industrial output picked up in October, rising 2.1%
* ECB expects inflation will remain below its just-under 2% target for years
* Russian hackers appear to have broken into US federal agency networks
* US consumer sentiment rebounded in recent weeks
* Policy sensitive 2yr Treasury yield drops sharply ahead of Wed’s Fed meeting: