MACRO ECONOMIC NEWS

Macro Economic News 06 Feb 2017

 

FINANCIAL TIMES

[I]  Stakes rise in legal battle over Trump travel ban

[I]  Overseas Chinese acquisitions of $75bn cancelled last year

[I]  Passive investing advances on US bond market

[I]  London gold traders see value in transparency push

[I]  Schäuble says ECB keeps euro ‘too low’ for Germany

[I]  Modi’s electoral funding clean-up leaves bad smell

[I]  US outstrips UK in private/public finance projects

[I]  New UK tax evasion penalties come into force

 

BLOOMBERG 

[I]  Australia's Stock Market Is Decoupling From the World

[I]  U.A.E. to Adopt System Seeking to Lure Top Foreign Talent

[I]  Pound’s Slump on Brexit Tempts Middle Eastern Property Buyers

[I]  Attention Trade Warriors: Germany's Surplus Is on the Wane

[I]  May Faces Fresh Challenge as Lawmakers Debate Brexit Trigger

[I]  Australia's Housing Dilemma Will Keep RBA From Changing Rates

[I]  Koreans See China’s Ire Over Missile Shield in Export Hurdles

[I]  A Year On, Japan Banks Brave Negative Rates Thanks to Trump

[I]  Goodbye and Good Luck: U.K. Gets Brexit Message From Old Friend

[I]  Japan Buys More Bonds Than Planned

[I]  Bank of Japan Disappoints With Bond Purchases, Roiling Markets

 

BUSINESS LINE

[I]  Budget bonanza may not save the day for rural job scheme

[I]  Rail passenger fares may rise after State polls

[I]  Ignored in Budget, exporters hope for sops in foreign trade policy review

[I]  More pain than gain for the common man

[I]  ‘Time to set up schools, malls, houses around industrial areas’

 

ECONOMIC TIMES

[I]  US jobs report justifies Janet Yellen's patience on rate hike timing

[I]  Jaitley’s fiscal pledge, easing inflation make case for a rate cut on February 8, say ET poll participants

[I]  Vehicle scrap policy to go to GST council post cabinet nod: Nitin Gadkari

[I]  Rating agencies several notches behind India's reality: Shaktikanta Das

[I]  Tax dept scans 1-cr accounts under 'Operation Clean Money'

[I]  Operator-assisted drive tests to check call drops soon: Trai

[I]  India on 'brink' of techno-institutional revolution: Ahluwalia

[I]  [I]  RBI likely to maintain status quo on February 8

[I]  Broken pledges, lost chances spoil budget

[I]  RBI may hold rates this year after 25 bps cut next week: Nomura

[I]  Lens on Rs 10 lakh crore high-value deposits after demonetisation

[I]  Budget for grownups: This year was about clear strategy, not endless tinkering

 

BUSINESS STANDARD

[I]  BS Poll: Majority see rate cut by RBI

[I]  Competition brews in MFI sector, paving way for consolidation

[I]  Anti-profiteering provision in GST Law is retrograde

[I]  Govt aims to pass two labour Bills in Budget session

[I]  Now, file tax returns on time or pay a fee

[I]  Tax incidence on Capital gains set to fall

 

MARKETS (7.10 am)

[I]  SGX NIFTY Fut: 8795;  USDINR DGCX: 67.2850;  DJIA Mini Fut: 19972;  FTSE 100 Fut: 7119;  NIKKEI 225 Fut: 18957;  EUR-USD: 1.0785; Crude Oil (WTI): 53.91;  Gold (Spot): 1225

 

Best Regards, ARBIND

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