Macro Briefing: 12 August 2021

* Census Bureau data expected to show US population diversifying at record rate
* Afghan capital could fall to Taliban within weeks
* US stimulus tapering could begin as early as this year, says Fed’s Daly
* US budget deficit narrowed to $2.5 trillion in first 10 months of fiscal year
* China says crackdown on businesses will go on for years
* Delta variant has pinched oil demand, IEA says
* UK GDP rebounded in Q2
* Eurozone industrial output fell again in June
* US consumer inflation slowed in July: