Macro Briefing: 2 May 2019

Barr defies Congress with decision to skip 2nd day of testimony: Reuters
Iranian oil sanctions may put US and Saudi Arabia on collision course: WSJ
Fed leaves rates unchanged, expects no hikes this year: CBS
Eurozone Mfg PMI: sector contracts for third month in April: IHS Markit
US ISM Mfg Index fell to 2-year low in April, signaling slow growth: IBD
US Mfg PMI ticked higher in April: IHS Markit
Consutruction spending in US unexpectedly fell in March: Reuters
US private-sector payrolls rebounded sharply in April: ADP