Macro Briefing | 26 June 2020

US Covid-19 cases surge, setting new record for daily increase: Bloomberg
CDC: estimate of US Covid-19 cases is vastly underestimated: NBC
Fed imposes new restrictions on banks after stress tests: CNBC
Trump administration asks Supreme Court to invalidate Obamacare: Politico
US in struggling with five major crises: NY Times
World trade posts ‘unprecedented decline’ in April: CPB
US GDP fell 5.0% in Q1 in revised data–matching previous estimate: BEA
US durable goods orders rebounded sharply in May–up nearly 16%: MW
US jobless claims continue to rise at high rate: +1.48 million last week: CNBC