Macro Briefing | 6 July 2020

China’s revival outlook spurs rise in global stock to four-week high: Reuters
Texas and Florida report ‘exponential’ growth in Covid-19 cases: CNBC
V recovery for world economy appears unlikely in 2020’s second half: BBG
US crude output falling at fastest rate on record: WSJ
Eurozone retail sales rebounded sharply in May: ING
German factor orders rebounded in May after three months of decline: BBG
Warren Buffett’s Berkshire buys Dominion Energy natural gas assets: CNBC
One case of bubonic plague diagnosed in China’s Inner Mongolia: BBC
China’s dominance in medical supplies will likely persist: NY Times
US stock market’s forward price-earnings ratio rises to 10-year high: JPM