Macro Briefing: 4 December 2018

Trump advisers struggle to explain president’s trade deal with China: Bloomberg
OPEC working on plan to cut oil output: Reuters
Congress moves to delay threat of a gov’t shutdown: Politico
French gov’t reportedly set to suspend controversial fuel-tax hike: CNBC
EU lawyers: UK gov’t can unilaterally halt Brexit process: CNN
Parts of Treasury yield curve invert: MW
Global Mfg PMI indicates subdued growth in Nov: IHS Markit
Construction spending in US slipped for third month in Oct: TT
US Mfg PMI ticks down to moderately firm growth pace in Nov: IHS Markit
US ISM Mfg Index increased in Nov after touching 5-month low: MW