Macro Briefing: 2 December 2020

UK approves Pfizer-BioNTech coronavirus vaccine: CNBC
Trump may veto defense bill over social media protections: AP
Biden says he won’t immediately remove Trump’s tariffs on China: CNBC
Biden’s economic team recommends quick action on stimulus: NYT
Global manufacturing increased in Nov at fastest pace since Jan 2018: IHSM
10-year Treasury yield rises sharply, near 1%: BBG
German retail spending rose more than expected in October: RTRS
US construction spending rebounded in October: MW
US Mfg PMI signaled continued acceleration in growth: IHSM
US ISM Mfg Index: sector growth slowed in November: RTRS