Macro Briefing: 11 November 2021

* US and China announce climate agreement at COP26 summit
* Latest increase in US inflation raises odds for rate hike
* US dollar reaches 2021 highs against sterling and the euro on Thursday
* US wage gains in October evaporate after factoring in inflation
* Financial institutions may be new targets of climate litigation
* Belarus president threatens to Shut EU gas flow over border crisis
* UK GDP growth slowed in the third quarter
* US jobless claims fell again last week, setting another pandemic low
* US consumer inflation accelerated in October, reaching a 30-year high: