MACRO ECONOMIC NEWS

Macro Economic News 03 Feb 2017

 

FINANCIAL TIMES

[I]  ‘Don’t worry’ about tough calls, Trump tells US

[I]  US warns North Korea against nuclear attack

[I]  Bank of England upgrades UK growth forecasts

[I]  US plans fresh push for Japan bilateral trade deal

[I]  Brexit white paper signals migrant limits years away

[I]  EU leaders urged ‘not to punish Brits’ over Brexit

[I]  Passive investing set claim half of markets

 

BLOOMBERG 

[I]  Dollar Drops to 11-Week Low as Fed Letdown Adds to Trump Anxiety

[I]  Trump's Blue-Collar Populism Is Dividing Unions

[I]  Carney Braces for Brexit Twists as Inflation Unease Grows

[I]  Sorry Trump, Asia Doesn't Need You as Much as You Think

[I]  Don’t Worry About a China-U.S. War Over Reefs, Philippines Says

[I]  Public Anger Prompts Vietnam to Put the Brakes on Investment

[I]  BOE Warns of Brexit Twists as U.K. Continues Growth

 

BUSINESS LINE

[I]  Note ban impact: FinMin lowers CSO’s estimates of GDP growth for 2016-17

[I]  Auto sales a mixed bag in January

[I]  Government banks on inbound tourism to generate jobs

[I]  Three cheers for digital push, but security fears loom large

[I]  Easing of rules expected to cement gains for realty sector

[I]  Govt hikes allocation for safety of mines

[I]  Incentives for MSME sector expected to result in credit bank for start-ups

[I]  FM brings dividend income of trust holders under tax ambit

[I]  RBI to banks: Be quick to identify and declare fraudulent borrowers

 

ECONOMIC TIMES

[I]  Crisil says Budget only 'mildly supportive of growth'

[I]  India's sugar production till January 31 down by 10%, says ISMA

[I]  Ministries, departments told to get cracking on budget moves

[I]  RBI asks NBFCs to charge interest rates based on preceding quarter

[I]  Over 6 lakh people win Rs 97.07 crore under digital payment scheme

[I]  Telecom subscriber base in India crossed 1.12 billion in November: Trai

[I]  Niti Ayog launches 'India Innovation Index'

[I]  RBI proposes a new set of risk measure norms for banks

 

BUSINESS STANDARD

[I]  Tax axe on firms with foreign debt

[I]  Medical device makers fear closure as new norms kick in

[I]  Carmakers might override speed bumps of note ban

[I]  All I-T returns must be filed by March-end of assessment year

[I]  RBI issues draft guidelines on interest rate risk management

[I]  Banks can use statutory reserves for AT1 bond coupon payment

[I]  NRIs can now access exchanges for hedging

[I]  Norms on commercial paper issuance eased

 

MARKETS (7.45am)

[I]  SGX NIFTY Fut: 8745;  USDINR DGCX: 67.4075;  DJIA Mini Fut: 19805;  FTSE 100 Fut: 7075;  NIKKEI 225 Fut: 18948;  EUR-USD: 1.0760; Crude Oil (WTI): 53.88;  Gold (Spot): 1215

 

Best Regards, ARBIND

Link to News on http://ECO.arbind.in/