Daily Archives: Aug 2, 2022 at 07:11 am EDT

Macro Briefing: 2 August 2022

* US House Speaker Nancy Pelosi expected to visit Taiwan despite China warnings
* China warplanes fly close to dividing line in Taiwan Strait ahead of Pelosi visit
* US construction spending tumbled in June amid sharp decline in homebuilding
* Global Mfg PMI falls to 2-year low but still indicates growth
* US Manufacturing PMI at lowest for two years but still above neutral level
* US ISM Mfg Index ticks lower in July but continues to indicate growth:

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