Macro Briefing: 27 February 2018

IEA: US to overtake Russia as world’s largest oil producer in 2019: Reuters
Gun control efforts face headwinds in Senate: Politico
What to watch for in today’s testimony by Fed Chair Powell: MarketWatch
Global stocks rise to 3-week highs ahead of Fed chief’s debut in Congress: Reuters
St Louis Fed President is”concerned that [rate hikes go] too far too fast”: Reuters
Fed’s Quarles: “I am fairly optimistic about… the economy”: CNBC
US economy expanded at a slightly softer pace in January: Chicago Fed
IRS forces Coinbase, a cryptocurrency broker, to report records: Digital Trends
Dallas Fed: mfg business activity at highest level since 2005: San Antonio Exp News
New home sales in US fell to a 5-month low in Dec: CNBC