Macro Briefing | 30 April 2020

Gilead reports encouraging results for its antiviral Covid-19 tests: Reuters
Today’s US jobless claims report expected to post a 3.5 million rise: MW
Eurozone economy contracted 3.8% in Q1: MW
Fed chairman: More spending needed from Congress to support economy: WSJ
China Mfg PMI posts mild contraction in Apr after dramatic swings: IHS Markit
Big oil via Royal Dutch Shell cuts dividend–first time since WWI: FT
Global carbon emissions set to drop 8% this year: IEA
US pending home sales fall the most since 2010 due to coronavirus: BBG
US growth fell sharply in Q1–deepest decline in over a decade: NY Times