Macro Briefing: 5 July 2018

US vows to keep Persian Gulf open after Iran’s threats: AP
China says US ‘opening fire’ on world with tariff threats: Reuters
Trump issued new demand for world’s oil producers to stabilize markets: CNN
Police investigating new cases of nerve poisoning in UK: CNN
Employment growth continues to be overshadowed by wage stagnation: OECD
Factory orders in Germany rebounded in May, ending run of declines: Bloomberg
Eurozone economic activity picked up in June: IHS Markit
Factory orders in US rebounded in May after tumbling in April: Zacks
US auto sales increased in June for top carmakers: Reuters
Merger announcements rise to a record $2.5 trillion in first half of 2018: NY Times