Daily Archives: May 10, 2021 at 07:07 am EDT

Macro Briefing: 10 May 2021

* Major US fuel pipeline closed for third day after cybersecurity attack
* Consumers feeling pinch of higher prices for goods and services
* Weak jobs report creates challenges for Biden’s policy agenda
* GOP set for week of fierce leadership battles in House
* Cryptocurrency industry hires lobbyists as regulations loom
* US dollar’s share of world’s foreign reserves fell for fifth straight year in 2020
* US payrolls post sharply weaker-than-expected gain for April
* US dollar dropped to lowest level in more than two months on Friday: