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Macro Briefing: 10 June 2021

Summary:
* Biden warns Russia against ‘harmful activities’ on first foreign trip* Keystone crude oil pipeline project cancelled after Biden rejects permit* G-7 summit set to begin–here’s the agenda* Biden tells UK’s Johnson not to imperil Northern Ireland’s peace over Brexit* US and UK agree on “Atlantic Charter” to cement trade, travel and tech ties* Global value of financial assets

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* Biden warns Russia against ‘harmful activities’ on first foreign trip
* Keystone crude oil pipeline project cancelled after Biden rejects permit
* G-7 summit set to begin–here’s the agenda
* Biden tells UK’s Johnson not to imperil Northern Ireland’s peace over Brexit
* US and UK agree on “Atlantic Charter” to cement trade, travel and tech ties
* Global value of financial assets rise to $250 trillion
* Are bitcoin transactions untraceable? Apparently not
* 10-year Treasury yield falls to 1.50% — lowest in over three months:

Macro Briefing: 10 June 2021

James Picerno
James Picerno is a financial journalist who has been writing about finance and investment theory for more than twenty years. He writes for trade magazines read by financial professionals and financial advisers. Over the years, he’s written for the Wall Street Journal, Barron’s, Bloomberg Markets, Mutual Funds, Modern Maturity, Investment Advisor, Reuters, and his popular finance blog, The CapitalSpectator.

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