Macro Briefing | 7 February 2020

Buttigieg narrowly wins Iowa caucuses, state party reports: Reuters
Chinese President Xi’s gov’t under pressure after death of hero doctor: BBG
White House announces death of leader of terrorist group in Yemen: CNN
Trump ‘apoplectic’ over UK’s decision on China’s Huawei 5G technology: CNBC
Earnings are beating expectations, but shareholders’ reaction is muted: WSJ
US small-business optimism eased but remained strong in early Jan: Gallup
German industrial output fell sharply in Dec, raising recession worries: Reuters
US job cuts surged in January: CG&C
Jobless claims for US fell, near 50yr low, signaling tight labor mkt: MW