Daily Archives: Aug 5, 2022 at 06:22 am EDT

Macro Briefing: 5 August 2022

* China continues to conduct provocative military drills around Taiwan
* China imposes sanctions on US House Speaker Pelosi after her trip to Taiwan
* Sharp decline in longer-term bond yields is a key factor in the rebound in stocks
* Americans may be gloomy but remain upbeat about labor market, poll finds
* Bank of England warns that UK will fall into recession this year
* US jobless claims resume upward trend, near 8-month high:

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