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Global equities ended mostly firmer last week, following positive news in the development of coronavirus vaccine.
UK Markets ended the week in positive territory, after UK approved the use of Covid-19 vaccine produced by Pfizer and BioNTech.
UK mortgage approvals rose to a 13-year high level in October. 
The Markit manufacturing PMI climbed to a 35-month high in November.
The Markit services PMI advanced more than market anticipations in November.
UK’s Nationwide house prices rose at its fastest pace in nearly six years in November.
In the UK, private sector contracted less than initially estimated in November.
UK’s construction orders advanced at its fastest pace since 2014 in November.
In the UK, consumer credit borrowing dropped at its steepest annual rate in October. 
UK’s BRC shop price index fell in October.
European Markets ended the week on a mostly positive footing, following positive developments in the coronavirus vaccine.
Eurozone’s manufacturing sector expanded for the fifth successive month in November.
In the Eurozone, the unemployment rate fell in October.
Eurozone’s retail sales rebounded at a faster than expected pace in October.
In the Eurozone, the Markit services PMI rose more than market forecast in November.
Eurozone’s producer price index (PPI) dropped in October.
In the Eurozone, consumer prices declined for the fourth straight month in November.
Eurozone’s business activity shrank in November.
Germany’s unemployment rate unexpectedly fell in November.
In Germany, factory orders rose for a sixth consecutive month in October.
Germany’s retail sales rose in October.
In Germany, consumer prices declined for a third straight month in November.
Germany’s Markit services PMI fell in November.
In Germany, the Markit manufacturing PMI eased in November.
US Markets ended the week in green, amid expectations of more fiscal stimulus from the US government and amid hopes for a swift economic recovery.
The Dallas Fed manufacturing business index fell less-than-anticipated in November.
US construction spending jumped more than expected in October.
The Markit manufacturing PMI rose in line with market expectations in November.
Initial jobless claims dropped more than expected last week.
The Markit services PMI rose to a 5-year high level in November.
US factory orders rose for a sixth consecutive month in October.
The unemployment rate fell in November.
The Chicago Purchasing Managers’ Index (PMI) dropped in November.
Pending home sales dropped for a second consecutive month in October.
The ISM manufacturing PMI declined in November.
US private sector employment rose less-than-expected in November.
The MBA mortgage applications fell in the week ended 27 November 2020.
The ISM services PMI eased more than market forecast in November.
US nonfarm payrolls advanced less-than-expected in November.
US trade deficit widened in October.
Federal Reserve Chairman Jerome Powell warned that the US economy remains in a damaged and “extraordinarily uncertain” state despite progress made in the development of Covid-19 vaccines. Further, he gave no indication how the central bank may respond to the risk of diminishing economic momentum. However, he reiterated that the central bank would use all of its tools to help the economy recover.
Asian Markets ended mostly firmer last week, tracking gains in their US counterparts.
In Australia, the AiG performance of services index advanced in November.
Australia’s economy sharply rebounded in 3Q20.
In Australia, trade surplus widened in October.
Australia’s AiG performance of construction index advanced in November.
In Australia, the Commonwealth Bank services PMI rose in November.
Australia’s retail sales advanced less-than-expected in October.
In Australia, the Commonwealth Bank manufacturing PMI dropped in November.
In China, the Caixin services PMI advanced in November.
China’s non-manufacturing PMI unexpectedly climbed in November.
In China, the NBS manufacturing PMI advanced more than market consensus in November.
China’s
Japan’s unemployment rate advanced in October.
In Japan, the Jibun Bank manufacturing PMI climbed in November.
Japan’s housing starts fell less-than-anticipated on an annual basis in October.
In Japan, the consumer confidence index unexpectedly advanced in November.
Japan’s Jibun Bank services PMI rose in November.
The Reserve Bank of Australia kept its interest rate unchanged at 0.1%.
Reserve Bank of Australia (RBA) Governor Philip Lowe warned that country’s economic recovery from the coronavirus pandemic would be bumpy and uneven, signalling the need for policy support for a long time to come. Additionally, he stated that economic growth is expected to be “solidly positive” in both the September and December quarters. Meanwhile, he reiterated that a policy of negative interest rates was extraordinarily unlikely.
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