MACRO ECONOMIC NEWS

Macro Economic News 21 Oct 2016
 

FINANCIAL TIMES

[I]  SEC preparing large-scale ETF review

[I]  Hollande warns May to expect tough Brexit talks

[I]  Draghi signals ECB has six weeks to revamp QE

[I]  Foreigners shunned in ‘all Australian’ grid sale

[I]  EU trio presses for more sanctions against Russia

[I]  Oil producers optimistic that the slump is over

[I]  US earnings boost hopes of profit recession ending

 

BLOOMBERG 

[I]  Treasury Yield Curve Flattens as Draghi Downplays Altering QE

[I]  The World’s Biggest Oil Kingdom Reverses Course

[I]  Germany Said to Shut Door on Brexit Back Channels in Blow to May

[I]  Inflation Outlook Rises Everywhere But Japan

[I]  Luxury Market Stagnates as Wealthy Chinese Shoppers Stay at Home

[I]  China Capital Flow Crackdown Results in $148 Billion Bust

[I]  China Steel Mills Defy Global Calls for Cuts as Output Rises

[I]  China’s Biggest Coal Miner Digs On as National Output Slips

 

BUSINESS LINE

[I]  Foreign VCs can now invest in unlisted firms sans RBI nod

[I]  Coking coal price on fire as supply fizzles out

[I]  India opposes negotiations on global value-chain at WTO

[I]  India to US: Will not tighten IPR rules beyond TRIPS mandate

[I]  Centre to review steps taken by States, Union Territories to reform mandis

[I]  Banks claim their systems are robust, can deter cyber attack

 

ECONOMIC TIMES

[I]  Jobless Indians in Saudi to start returning: MEA

[I]  Cashew exports fall 25 per cent in six months

[I]  Jewellers see festive demand rising 10-20% this year

[I]  Reserve Bank to infuse Rs 10,000 crore via OMO

[I]  More than 50% of onion procured by centre and state govt rots in warehouses

[I]  Sugar mills likely to default on debt worth Rs 11,000 crore

[I]  Open up e-commerce, food industries for FDI: US to India

[I]  India, US explore ways to promote trade, investment

[I]  RBI allows 100% FDI in regulated financial services

[I]  RBI liberalises rules to boost foreign investment

[I]  India central bank allows banks to approve extension of offshore company's debt

[I]  Subdued industrial production may restrain overall growth: D&B

 

BUSINESS STANDARD

[I]  Single-brand retail trade: US asks India to relax local sourcing norms

[I]  6th gold bond tranche at discount, less interest

[I]  Pulses, metals, fuel may play spoilsport in cooling CPI inflation

[I]  Govt weighs in cut in sugar import duty

 

 

Best Regards, ARBIND