Macro Briefing: 1 May 2019

Venezuela’s Maduro holds on to power with grip on military: BBG
Trump threatens US embargo on Cuba for supporting Venezuela: Reuters
GOP senators raise doubts about Moore’s possible nomination to Fed: WSJ
Year-over-year trend of US pending home sales continued to fall in March: CNBC
Home-price growth rate in US continued to slow in Feb: HW
US Employment Cost Index rose 0.7% in Q1, reflecting moderate wage gain: BBG
Initial GDPNow estimate of US GDP growth for Q2 is a weak +1.3%: Atlanta Fed
US Consumer Confidence Index rebounded in April: MW