Macro Briefing: 1 December 2020

Moderna requests approval for its Covid-19 vaccine: WSJ
Biden chooses liberal-minded economic team: AP
Fed Chairman Powell: economic outlook ‘extraordinarily uncertain’: CNBC
China’s Nov mfg activity rose to highest level in a decade: IHSM
Eurozone Mfg PMI held on to moderate gain in Nov: IHSM
UK mfg survey data show sector activity strengthened in Nov: IHSM
Exxon Mobil will sharply cut exploration and production spending: NYT
Chicago PMI: business conditions slowed in Nov: MW
Dallas Fed Mfg Index: sector growth slowed sharply in Nov: MSTAR
US pending home sales fell for a second month in Oct: BBG