Macro Briefing: 9 June 2021

* Senate passes bill to strengthen US tech competitiveness with China
* Biden ends infrastructure talks; discussions shift to bipartisan group
* Biden to begin first foreign trip with Putin and Europe on agenda
* EU considers ending tariff battle with US during Biden visit
* China’s factory-gate inflation rose to 13-year high in May
* US billionaires paid little or no tax
* US trade deficit narrowed slightly in April after reaching record level
* Small business optimism fell in May as firms struggle to hire workers
* US job openings surged in April to record high amid worker shortage:

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