Macro Briefing: 24 August 2018

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Arctic’s “last bastion” of sea ice is melting: USA Today
US-China trade war set to roll on despite latest talks: Bloomberg
China’s foreign minister: counter-strikes to US trade tariffs will continue: Reuters
Fed warns that escalating trade war is a threat to economy: CNN Money
New US home sales fell to 9-month low in July: CNBC
House prices in US rise at slowest pace in four years: HousingWire
Economists expect US durable goods orders for US will slump in July: Econoday
US jobless claims point to continue strength in labor market: Reuters
Eurozone Composite PMI ticks up to 2-month high in August: IHS Markit
PMI data shows that US private-sector growth slowed in August: IHS Markit

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