Macro Briefing: 5 April 2019

China and US report progress in trade talks: Bloomberg
Trump picks former head of pizza company for Fed board: NY Times
Economists expect rebound in today’s employment report for March: Reuters
Trump backs away from threat to close US-Mexico border: LA Times
Philippine president warns Beijing re: actions in S. China Sea: CNN
German industrial output rose in Feb but mfg component fell: Reuters
First quarter job cuts in US rose to highest since Q3:2015: CG&C
US jobless claims fell to 50-year low last week: CNBC