Daily Archives: April 8, 2024

Macro Briefing: 8 April 2024

* Expectations for rate cuts in 2024 continue to fade
* US and China to hold financial shock exercises, says Treasury Sec. Yellen
* Oil-price rise is main threat to US economy, warns Moody’s economist
* Global pushback rising against China’s heavily subsidized factory sector
* US offers TSMC up to $6.6 billion for Arizona chip factories
* Gold trades at new record high ahead of US inflation report on Wednesday
* US nonfarm payrolls trend growth strengthens in March:

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