Macro Briefing: 16 April 2021

* China GDP surged in Q1 on year-over-year basis
* Pfizer CEO: public will likely need third Covid shot within 12 months
* Japanese prime minister will be first foreign leader to visit Biden’s White House
* Biden bans US banks from buying, underwriting Russian debt sales
* Stagflation is a growing economic threat, predicts economist Nouriel Roubini
* Jobless claims in US fell to new pandemic low last week
* Two regional Fed manufacturing surveys posted stronger growth in April
* US industrial production rebounded in March, led by manufacutring growth
* US retail sales surged in March thanks to stimulus checks: