MACRO ECONOMIC NEWS

Macro Economic News 09 Feb 2017

 

FINANCIAL TIMES

[I]  US work visa threat alarms Indian IT sector

[I]  Investors pile into risky bonds in bet on Trump

[I]  May outfoxes pro-EU opponents on Brexit vote

[I]  China credit flood set to persist despite rate rises

[I]  Central bankers face off over effect of messy Brexit

[I]  Wall Street held back by weak financial stocks

[I]  Herding your subsidiaries towards good governance

 

BLOOMBERG 

[I]  Gold Nears Three-Month High as Buyers Flock Back to Top ETF

[I]  Supply Is the Technical Factor Behind Global Rally in Markets

[I]  Turkey’s President Is Close to Getting What He’s Always Wanted

[I]  China Central Bank Said to Call Bitcoin Exchanges for Talks

[I]  Choking China Backs Australia in Race for Cleaner Iron Ore

[I]  Free Phones and Toilets: Politicians Vow to Splash Cash on Rural India

[I]  OPEC: Market Might Need More Oil Cuts

[I]  Hong Kong Property Prices Rise Despite New Tax

[I]  Pay More Attention to Europe, Says Asia's Top Currency Watcher

 

BUSINESS LINE

[I]  RBI stuns all by keeping repo rate unchanged

[I]  ‘Asians voted to remain in EU to tap opportunities in Europe’

[I]  WTO chief lauds India’s proposal on services

[I]  Farmers’ groups demand fair deal in WTO talks

[I]  Bank union wants govt to reimburse demonetisation costs

[I]  Rubber output numbers leave tyremakers worried

[I]  Wheat prices begin to ease as new arrivals hit MP, Gujarat

[I]  Lending rates unlikely to fall sharply from here on

 

ECONOMIC TIMES

[I]  Sebi meet likely to discuss financial sector reforms

[I]  Global M&A activity may drop to $2.5 trillion in 2017: Report

[I]  Govt approves Revenue Insurance Scheme for plantation crops

[I]  Rural Ministry seeks Rs 6,000 crore more for NREGS

[I]  FDI in manufacturing sector up 82 per cent in Apr-Nov period: Nirmala Sitharaman

[I]  India's wheat imports rise above 5 million tonne, biggest in decade

[I]  Indian households less confident about economic situation: RBI survey

[I]  RBI cuts FY17 growth forecast to 6.9%, pegs 7.4% for next year

[I]  India continues to fall behind others on patent protection, says US Chamber of Commerce

 

BUSINESS STANDARD

[I]  Rate pause season gets longer; RBI weighs risks

[I]  Withdrawal cap to go from March 13: RBI

[I]  Domestic air traffic to grow to 130 million in FY18, says CAPA

[I]  Monetary policy review: More downside risks for GVA growth

[I]  There is scope for lending rates to come down further: RBI

 

MARKETS (8.00 am)

[I]  SGX NIFTY Fut: 8825;  USDINR DGCX: 67.1575;  DJIA Mini Fut: 20001;  FTSE 100 Fut: 7130;  NIKKEI 225 Fut: 18982;  EUR-USD: 1.0679; Crude Oil (WTI): 52.50;  Gold (Spot): 1240

 

Best Regards, ARBIND

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