Macro Briefing: 1 July 2019

Trump: US-China trade talks ‘back on track’: Reuters
Opec expected to extend oil-production cuts: Reuters
Mfg activity contracted in Eurozone for fifth month in June: IHS Markit
China’s mfg sector contracted in June: IHS Markit
UK mfg recession deepens to biggest decline in 6 years: IHS Markit
Trade-war risk: the only threat for the US economy at the moment: CFA Inst
Chicago PMI fell below neutral 50 mark in June: ISM Chicago
Consumer Sentiment Index for US remained at elevated level in June: MW
US consumer spending continued to rise at moderate 1-year pace in May: