MACRO ECONOMIC NEWS

Macro Economic News 13 Aug 2016

 

FINANCIAL TIMES

[I]  Weak pound triggers mini tourism boom

[I]  India lifts ban on luxury diesel vehicles

[I]  Israel to pay $1bn in oil pipeline ruling

[I]  Critics lambast Renzi’s economic plans

[I]  IMF warns of credit boom risks in China

[I]  Call to end Australia’s ‘free trade mentality’

[I]  China elevated bus sparks investment fear

[I]  World Bank China bonds to boost renminbi

[I]  Time looks ripe for ultra-long US bonds

[I]  New money raised by equity ETFs drops 85%

 

BLOOMBERG 

[I]  Stimulus Pushes Europe’s Peripheral Bonds to Fourth Weekly Gain

[I]  IMF Notes China Authorities See Interest-Rate Level Appropriate

[I]  China’s Stability Falters as Factory Output, Credit Growth Slow

[I]  Russia Warns of Consequences From Deaths as Ukraine on Alert

[I]  China Cities Tighten Home-Buying Rules in Further Cooling Sign

[I]  Venezuela Raises Wages 50% as Oil Tour Seeks to Lift Prices

[I]  High-Risk ‘Shadow’ Credit in China Put at $2.9 Trillion by IMF

[I]  Fed Officials Challenge Decades of Accepted Wisdom on Inflation

[I]  Surprise Record-High U.S. Crop Estimates Spur Price Gyrations

[I]  The Canadian Housing Boom Fueled by China’s Billionaires

[I]  Hong Kong Economy Dodges Recession, Expanding Most Since 2011

[I]  Singapore Builders Facing Maturity Wall as Home Prices Drop

 

BUSINESS LINE

[I]  Double-whammy: inflation is rising, factory output is falling

[I]  Apex court lifts ban on registration of large diesel cars in Delhi-NCR

[I]  It rained Bills this Monsoon Session of Parliament; 14 cleared

[I]  Trade gloom: exports fall in July on weak global demand

[I]  1% green cess on diesel cars not enough, say environmentalists

[I]  Non-availability of land key reason for abandonment of road projects

[I]  FinMin rapped for ‘inflated assumptions’ in Budget docs

[I]  Monsoon may stay subdued in the South until month-end

[I]  Higher pulses acreage, good monsoon drive up kharif sowing

[I]  Rate-cut transmission will happen over a period of time: SBI chief

 

ECONOMIC TIMES

[I]  Steps being taken to prevent forex violations, says government

[I]  Oil rebounds as Saudi hints at OPEC deal for September

[I]  Forex reserves at record high of $ 365.74 billion

[I]  Brick-and-mortar business houses hiring more differently-abled people

[I]  Japan will invest $25bn in India, says Suresh Prabhu

[I]  Gold imports drop 76 per cent in April-July this year

[I]  Industrial production expands 2.1 per cent in June

 [I]  Meeting fiscal deficit target of 3.5% will be a challenge: Government

[I]  India Inc's foreign investments zoom 61 per cent to $2.3 billion in July

[I]  India's merchandise exports down 6.84% y-o-y in July

[I]  Government to undertake Rs 2 lakh crore road projects in UP: Nitin Gadakri

 

BUSINESS STANDARD

[I]  Merchandise exports fall 6.8% in July

[I]  June industrial growth at 8-month high

[I]  July retail inflation highest in 19 months

[I]  Government, oil firms inflated PAHAL subsidy savings: CAG

[I]  Bank staff investments via PMS amount to insider trading: Sebi

[I]  China's economic activity slows in July as reforms begin to bite

 

Best Regards, ARBIND