Macro Briefing: 1 February 2022

* Kremlin says US stoking ‘hysteria’ over Ukraine at UN Security Council meeting
* Richmond Fed President Barkin says businesses would welcome higher rates
* Eurozone jobless rate fell to lowest level on record in December
* Eurozone manufacturing activity in January rose to a 5-month high
* German retail sales fell much more than expected in December
* New York Times buys Wordle, popular word game that’s become a hit
* Growth in Texas mfg activity moderated in Jan, but outlooks remain upbeat
* Chicago area economic activity picked up in January via PMI sentiment data
* US 10yr-2yr yield continues to edge lower, falling to lowest since Oct 2020: