Macro Briefing: 5 November 2020

Biden edges closer to winning Electoral College vote: Reuters
Trump campaign challenges vote count in key states with lawsuits: BBC
New US coronavirus rise to record 103,000 for Nov. 4: MW
Senate Leader McConnell calls for new economic relief bill: WSJ
Wall Street embraces the prospect of divided government: NYT
UK economy at risk of new recession due to coronavirus and Brexit: CNN
Global growth rebounded to fastest pace in over 2 years in October: IHSM
US Composite PMI, a GDP proxy, rose at highest rate in 29 months in Oct: IHSM
US Services PMI ticked lower in Oct but continues to post moderate growth: ISM
US private employment growth slowed in October, ADP data shows: BBG