Macro Briefing: 3 December 2021

* Senate OKs short-term funding bill to avoid government shutdown
* Fed governor Quarles says rate hikes needed to cool inflation
* Worldwide computer chip shortage lifting inflation will persist ‘deep into 2022’
* China’s modest growth eased in Nov, according to Composite Output Index
* Eurozone growth strengthened in November via PMI survey data
* Chinese ride-hailing giant Didi will delist from NYSE
* Apples reports waning demand for its iPhone 13
* US jobless claims rose last week after reaching 52-year low
* 10yr-3mo Treasury yield curve narrows to 2-month low: