Macro Briefing: 9 September 2021

* Treasury Secretary Yellen warns US may default on national debt in October
* US oil output remains squeezed due to ongoing fallout from Hurricane Ida
* Fed’s Beige Book reports higher inflation and slower growth
* Factory-gate price inflation in China rose to 13-year high in August
* Emerging markets split between hawks and doves on dealing with inflation
* Britain set to lose status as one of Germany’s top-10 trading partners
* State Street announces it will buy Brown Brothers Harriman Investor Services
* US job openings rose to a new record high in July: