The recent rally in global markets thinned out last week as commodities and foreign stocks rose while US assets retreated, based on a set of ETF proxies.
Daily Archives: November 7, 2022
Macro Briefing: 7 November 2022
* White House national security adviser held talks with top Russia aides
* Republicans look set to retake House and maybe Senate in Tuesday’s vote
* Florida prepares for a direct hit from Tropical Storm Nicole this week
* China’s exports and imports unexpectedly fell in October
* Goldman Sachs predicts China is ‘months away’ from reopening
* US oil production roughly flat as fracking-related output slows
* Apple’s iPhone shipments delayed due to China Covid lockdown
* Meta reportedly set to announce large-scale layoffs
* US payrolls rose 261k in October, a solid gain but slowest in 22 months:
