Friday, 9 December 2016
Macro Economic News 09 Dec 2016
FINANCIAL TIMES
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ECB prolongs QE but at reduced €60bn a month
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Spain wakes up to risk posed by long-term joblessness
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Draghi insists ECB trim is different from a taper
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UK spy chief warns on ‘profound’ propaganda threat
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Japan’s economy jumps 6.3% under new UN standard
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China statistics chief admits false data problems
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US rate rises set to expose China’s frailties
BLOOMBERG
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Confusion Reigns in Markets as ECB QE Changes Spark Wild Swings
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China Will Have to 'Play by the Rules' Under New Ambassador: Trump
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China Factory Prices Jump 3.3%, Lifting Global Inflation Outlook
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ECB Expands Stimulus to $2.4 Trillion as Monthly Purchases Slow
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Draghi Says $2.4 Trillion Stimulus May Not Be Enough for ECB
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Russia Said to Seek Compliance Talks at Saturday’s OPEC Meeting
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CIMB Says Ringgit Drop Overdone, May Return to Fundamental Value
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China's Car Sales Have Been on a 26-Year Record Streak
BUSINESS LINE
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A month into demonetisation, hope gives way to despair
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Crop worry: Centre scraps import duty on wheat to ease supply, check prices
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Govt steps up measures to boost digital transactions
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Auto sales skid with notes ban in Nov
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The glitter goes missing from the diamond industry
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Cement demand halves in Nov on demonetisation
ECONOMIC TIMES
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RBI pump in Rs 4 lakh crore, gets back Rs 11.5 lakh crore in its kitty
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Demonetisation well-planned, not done in haste: Urjit Patel
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Euro edges higher, holds near 3-week high as focus shifts to ECB
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Demonetisation: Will bank queues recede in the new year? May be, may be not
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China declines to react on Indo-Russian gas swap proposal
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$48 billion textile exports target looks hard to achieve: Government
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Pakistan lifts ban on Indian cotton imports
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10 per cent import duty scrapped on wheat as domestic prices rise
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Cash crash: Consumption shrinks big time on liquidity squeeze
BUSINESS STANDARD
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Cash crunch puts brakes on auto sector growth
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After a month of queues, govt lines up sops
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Demonetisation impact: Luxury car brands lure buyers with up to 20% discount
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Call drop way above benchmark; meet with telcos next week: TRAI
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E-commerce firms eye central registration
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Council may reduce tax slabs in future, says CBEC chief
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Labour ministry in dark over optional EPF in textile made-ups sector
Best Regards, ARBIND
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