Macro Briefing: 8 January 2021

* Trump says he will prepare for Biden administration to take power
* Democrats moving toward second Trump impeachment
* Calls increase for Trump’s resignation after Capitol chaos
* US foes eye opportunity to exploit US political chaos
* US envoy to UN to visit Taiwan, a trip that will anger China
* Sharp slowdown expected for today’s December US payrolls report
* US trade deficit reached a 14-year high in November
* Tesla’s Elon Musk becomes world’s richest person
* Eurozone unemployment unexpectedly ticked down to 8.3% in November
* US ISM Services PMI edged up in Dec, reflecting solid rate of expansion
* US jobless claims remained unusually high last week

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