Macro Briefing: 27 August 2018

N. Korea criticizes US after Washington cancels trip to Pyongyang: Reuters
US trade war with China appears set to escalate: Bloomberg
Trade war will have bigger impact on debt vs. GDP in China: Bloomberg
Fed Chairman Powell stays focused on gradual rate hikes: CBS
US stocks via S&P 500 and Nasdaq closed at record highs on Friday: MW
US 10yr-2yr yield spread fell to 19 basis points, another new 11-year low: FX Street
Superstar firms may explain slow wage growth, investment spending: NY Times
Germany has second thoughts about investments from China: SCMP
Headline US durable goods orders fell in July as business investment rose sharply: