Macro Briefing: 1 April 2022

* Biden orders release of oil to lower gas prices
* UK will join US in releasing oil from strategic reserve
* Ukraine strikes Russian military depot inside Russia
* Global dealmaking falls to lowest level since start of pandemic
* China factory activity falls at fastest pace in two years via survey data
* 2yr/10yr Treasury yield curve inverts for first time since 2019 on Thursday
* US jobless claims rise after touching 50-year low
* Consumer spending growth for US cools in February
* US personal income growth picks up in February, in line with estimates
* US stocks post first quarterly decline in Q1 in two years: