Macro Briefing: 4 March 2022

* Russian forces attack and then seize Ukrainian nuclear power plant
* Bipartisan pressure rising on Biden administration to end Russian oil imports
* As Western pressures increase on Russia, how will Putin react?
* Fed’s Powell admits ‘we should have moved earlier’ to end pandemic stimulus
* Global economic growth picks up in February after slowing to 1-1/2 year low
* US ISM Services Index slows to a one-year low in February, but…
* US Services Index in February posts ‘sharp upturn in activity’
* US factory orders rose more than expected in January
* US jobless claims last week fell to lowest level since start of the year: