MACRO ECONOMIC NEWS

Macro Economic News 13 Oct 2016

 

FINANCIAL TIMES

[I]  UK faces Brexit divorce bill of up to €20bn

[I]  BoE deputy chief sees more pound volatility

[I]  Scientists unveil plan for space nation

[I]  Putin sets out stall with cold war bombast

[I]  Beijing seeks new South China Sea authority

[I]  Abe fears backlash on labour reform

[I]  Basel committee sets out bond lending rules

[I]  Pound’s fall a mixed blessing for banks

[I]  India rate cut revives debate on RBI plans

[I]  End of US earnings recession no catalyst for bulls

 

BLOOMBERG 

[I]  Dollar’s Climb Slows Near 7-Month High on Sign Gain Was Too Fast

[I]  Oil Falls Below $50 on Rising Stockpiles as OPEC Disputes Emerge

[I]  Bank of Korea Holds Interest Rates Steady as Debt Soars

[I]  HSBC: There's Now a Very High Chance of a 'Severe Fall' In U.S. Stocks

[I]  Pound Selloff Accelerates as Flash Crash Lows Loom Ever Nearer

[I]  Gasoline Prices Around the World: The Real Cost of Filling Up

[I]  Foreigners Gobble Up Record A$5 Billion of Australian Bond Sale

[I]  New Zealand’s English Dangles Tax Cuts as Budget Surplus Jumps

[I]  Iran Is Stuck With China to Finance Its Oil Dreams

[I]  BOJ Reflationist Harada Says More Easing May Be Unneeded for Now

 

BUSINESS LINE

[I]  Corporate funding in solar sector up to $3 billion in Q3: Mercom Capital report

[I]  Low base, good monsoon to aid topline performance in Q2

[I]  Slowdown puts brakes on sales of trucks

[I]  NITI Aayog to mind the store at public sector units

[I]  PSBs continue to park funds in safe government bonds

[I]  Mounting losses may hit PSBs’ ability to pay interest on bonds: Crisil

[I]  Start-ups expanding their horizons: Venture Catalysts co-founder

 

ECONOMIC TIMES

[I]  US Fed hike to have only small impact on India: Gopinath

[I]  MFs folio count tops 5-crore mark, surges 29 lakh in FY17

[I]  Banks’ profitability under threat? IMF thinks so

[I]  The global oil market is a tale of two bond sales

[I]  OPEC points to larger 2017 oil surplus despite deal to cut

[I]  OIL-led consortium eyes stake in Russia Arctic oilfield

[I]  Plunging capital goods output dragged IIP: India Ratings

[I]  Inflation seen cooling to one-year low in September

[I]  ATMs as bank branches? RBI's plan could change how Indians do banking

 

BUSINESS STANDARD

[I]  New food norms to open up value-added market

[I]  India to promote indigenous expertise in cyber security, to fund start-ups

[I]  Consumption boom set to boost Indian economy

[I]  Airlines: Traffic to zoom beyond 100 mn in 2017

[I]  Lenders: Multiple triggers for faster retail loan growth

[I]  The silver lining for the consumption story

[I]  4 PSBs may default on AT-1 bonds' coupon

 

Best Regards, ARBIND