Daily Archives: Jul 5, 2022 at 07:42 am EDT

Macro Briefing: 5 July 2022

* Macro outlook remains uncertain due to Ukraine war and inflation risks
* China economic activity rebounds sharply in June via PMI survey data
* Eurozone still posting modest economic growth in June via PMI survey data
* Germany reports first trade deficit in over 30 years
* Euro at 20-year low vs. US dollar as Eurozone recession risk rises
* Slower but still healthy growth expected for US payrolls in June

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