Macro Briefing: 12 March 2021

* President Biden signs into law the $1.9 trillion coronavirus relief package
* Biden directs states to offer vaccines to everyone by May 1
* Three European countries halt use of AstraZeneca’s vaccine
* Treasury Sec. Yellen: Americans will start receiving relief payments this weekend
* Eurozone industrial output was much stronger than expected in January
* UK’s economy fell less than expected in January
* UK exports to Eurozone fell 40% in January
* US job openings rose in January to pandemic high
* US jobless claims fall more than expected but still unusually high:

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