Macro Briefing: 11 December 2017

US-Japan-S. Korea military drills aim to counter N. Korea Threat: NY Times
Southern California wildfires continue to wreak havoc: CNN
China’s inflation rate ticks lower in November: MNI
Bitcoin futures debut with a sharp increase: Reuters
Economists expect widespread rates hikes by central banks in 2018: Bloomberg
Payrolls in US rise 228,000 in November, beating expectations: Bloomberg
US wage growth still well below pre-2008-crisis rate: Paul Krugman
Investor optimism is unusually high: Heisenberg Report