Daily Archives: Oct 24, 2022 at 07:36 am EDT

Macro Briefing: 24 October 2022

* Rishi Sunak is set to become Britain’s new prime minister
* Global tension on track to rise as Xi secures third term to lead China
* US rebuts Russia’s claim that Ukraine may use dirty bomb and blame Moscow
* The two Koreas exchange warning shots along disputed sea boundary
* China releases delayed Q3 GDP data, which shows modest rebound in output
* Eurozone economic contraction deepens in October via PMI survey data
* UK economic downturn accelerates in October, PMI survey data shows
* Illegal border crossings into US set to reach record high
* Federal Reserve on track for another 75-basis-points rate hike in November
* US Treasury real yields remain near 13-year highs:

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