MACRO ECONOMIC NEWS

Macro Economic News 10 Feb 2017

 

FINANCIAL TIMES

[I]  Greek bonds sell off sharply as EU-IMF rift deepens

[I]  Spain Socialists reignite debate on Franco legacy

[I]  Italy shies away from conflict with Trump’s America

[I]  Tokyo fishmongers face crisis in idle market

[I]  Nigeria returns to debt markets with $1bn Eurobond

[I]  Big pharma faces costly setback in cancer fight

[I]  Emerging markets face fourth year of capital outflows

[I]  Yen may be too hot to handle as Abe meets Trump

 

BLOOMBERG 

[I]  Reflation Trades Show Signs of Life on Trump Taxes: Markets Wrap

[I]  Americans Renouncing Citizenship at Record High

[I]  Singapore Unveils Growth Plan as Globalization Mood Darkens

[I]  RBA Cites Better Global Outlook, but Uncertainty Remains Over Trump

[I]  Trapped China Cash Revives Hong Kong's Yuan Banking

[I]  China’s Capital Controls Are Hitting Wine Lovers Where It Hurts

[I]  China May Be a Hitch in African Miner’s Bid for U.S. Platinum

[I]  China Car Sales Fall First Time in 11 Months After Tax Hike

 

BUSINESS LINE

[I]  Brexit may begin by March-end

[I]  Govt extends dumping duty on steel products by 2 months

[I]  British MPs open doors for May to trigger Brexit

[I]  Aadhaar made mandatory to access subsidised foodgrains

[I]  India to send team to WTO to push negotiations on food security, services

[I]  Rabi crops: Bright prospects, but don’t wish away weather risks

[I]  Purchase of pulses for buffer stock exceeds 10 lakh tonnes

 

ECONOMIC TIMES

[I]  'Trumpstorm' is coming: EMs likely to see capital outflows, trade disruptions

[I]  Sebi to form fintech panel, route household savings to markets

[I]  Domestic bonds see worst loss in three years after RBI holds rate

[I]  India will be world's fastest growing economy in next 5 years: Top US think-tank

[I]  Inflation seen cooling in January, output eases

[I]  Real-time traffic updates through radio on NH soon: Nitin Gadkari

[I]  Policy to scrap old vehicles gets in-principle nod

[I]  Government makes Aadhaar mandatory for availing PDS foodgrains

[I]  Government mulling hike in maintenance amount for senior citizens

[I]  FRBM panel recommends establishing a fiscal council

[I]  No decision yet on imposing tax on cash transactions: Shaktikanta Das

[I]  RBI to be on hold unless inflation, growth undershoot targets

[I]  CBDT chief Sushil Chandra allays fears of arbitrary searches by taxmen

 

 

BUSINESS STANDARD

[I]  Demonetisation impact: FMCG growth tanks in Nov-Dec

[I]  Two-wheelers drag down auto sales in January

[I]  BRICS ratings agency may help bypass 'big three' indifference: CEA

[I]  Govt mulls raising EPFO's investment in ETF to 15%: Dattatreya

[I]  Number of girl students in IITs only 8% in 2015-16: Govt

[I]  India can save $30 bn by moving part of trade closer to ports by 2020: EY

[I]  New mechanism soon to fast-track listing of PSUs

 

MARKETS (7.00 am)

[I]  SGX NIFTY Fut: 8834;  USDINR DGCX: 66.8850;  DJIA Mini Fut: 20142;  FTSE 100 Fut: 7171;  NIKKEI 225 Fut: 19275;  EUR-USD: 1.0664; Crude Oil (WTI): 53.08;  Gold (Spot): 1224

 

Best Regards, ARBIND

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