Macro Briefing: 8 June 2021

* Kamala Harris, in Guatemala, tells migrants ‘Do not come to US’
* US recovers most of ransom paid by Colonial Pipeline to hackers
* Fed in early stages of preparing markets for tapering asset purchases
* FDA approves Biogen’s Alzheimer’s disease drug
* Higher commodity prices are a risk factor for global economic recovery
* Eurozone economy contracted by much less than expected in Q1
* Japan’s economy fell less than initially reported in Q1
* German industrial output posts unexpected decline in April
* US consumer borrowing rose for third straight month in April
* US 10-year Treasury yield near two-month low ahead of inflation update:

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