Macro Briefing: 16 February 2021

* Pelosi announces plan for commission to investigate Capitol riot
* US debt ceiling issue unresolved in Biden’s $1.9 trillion relief program
* China considers restricting rare earths exports to US defense industry
* Severe winter weather triggers emergency declarations in at least seven states
* Winter weather lifts US crude oil benchmark above $60 a barrel
* Daily change in new US Covid-19 deaths falls to three-month low
* Biden and Fed don’t see inflation risk as a challenge
* Bitcoin rally raises price to record $50,000
* 30-year Treasury yield rises above 2%–highest in a year:

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