Macro Briefing: 12 March 2019

US pulling remaining staff from its embassy in Venezuela: AP
White House budget proposal is released and is likely DOA: The Hill
US small-business owners less optimistic about business conditions: Gallup
UK’s prime minister secures new EU concessions ahead of Brexit vote: WSJ
UK economic growth rebounded in Jan after weak Dec: Reuters
Turkey slips into recession for first time in a decade: Bloomberg
US business inventories rose in Dec as sales dropped the most in 3 years: Reuters
US retail sales rebounded in Jan; Dec’s big loss is revised down even further: CNBC
US core CPI expected to more or less hold steady at 2.1% (s.a.) annual pace in Feb:

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