Macro Briefing: 2 October 2018

Key differences in Trump’s replacement for Nafta: CNBC
Trump appears set for protracted economic war with China: Bloomberg
US Navy reports ‘unsafe’ encounter with a Chinese warship: CNN
US air strikes in Somalia target militants: Reuters
McConnell: Senate to vote on Kavanaugh’s nomination this week: The Hill
US construction spending up 0.1% in Aug, led by public sector: MW
ISM Mfg Index for US slipped in Sep after 14-year high the month before: CNBC
US Mfg PMI rose to 4-month high in Sep: IHS Markit
WTI crude oil jumps to four-year high: MW