MACRO ECONOMIC NEWS

Macro Economic News 16 Feb 2017

 

FINANCIAL TIMES

[I]  Trump levels dirty tricks charge against US intelligence

[I]  Trump shifts stance on Middle East two-state solution

[I]  Yellen in robust defence of proprietary trading ban

[I]  Congress struggles to deal with White House chaos

[I]  Iran calls for truce in Yemen

[I]  EM growth picks up sharply in January

[I]  China penalises 6.7m debtors with travel ban

[I]  European fintech deals hit 5-year high in 2016

[I]  Bank results spotlight India bad-loans problem

[I]  UK student loan sell-off comes with weak grades

 

BLOOMBERG 

[I]  China's Still the World's Factory, but Most of What It Makes Stays Home

[I]  Billionaire Critiques China, India; Tells Trump Haters to ‘Roll With It’

[I]  China's Casino Crackdown Infects Sydney

[I]  Aussie Unemployment Rate Falls Despite Full-Time Jobs Plunge

[I]  Americans Just Broke the Psychologists’ Stress Record

[I]  Boycott Culture Forces CEOs to Walk Tightrope in Trump Era

[I]  The Market May Be Guilty of Gambler's Fallacy on Fed Hikes

[I]  Yellen Sets High Hurdle for Reducing Fed's Massive Bond Holdings

[I]  Consumer Prices in U.S. Increase by Most Since February 2013

[I]  S.Korea Protests Against Media Report Suggesting FX Manipulation

[I]  India to Cut Bank Capital Infusion Target This Fiscal Year: Sources

 

BUSINESS LINE

[I]  Nasscom defers FY18 outlook to May on global, domestic haze

[I]  Sugar spike: Maharashtra mills want import duty nixed

[I]  Taxman to clamp down on charitable trusts

[I]  Fuel spike sends wholesale prices racing past CPI

[I]  Thailand to offer 13-year tax holiday to select hi-tech sectors

[I]  Exports rise for the fifth month in a row in Jan

[I]  2016 was only year zero for Virtual Reality

[I]  Tea exports slide 5% in 2016 on higher prices

[I]  Wheat procurement target set at 330 lakh tonnes for 2017-18

 

ECONOMIC TIMES

[I]  Govt to list all profit-making PSUs within 2-3 years

[I]  PE inflows in realty touch 9-year high at Rs 39,900 crore in 2016

[I]  Government sees record foodgrain output at 271.98 mt for 2016-17

[I]  WPI inflation to rise in next 3 months: Nomura

[I]  Trai forms joint panel to identify outdated regulations

[I]  I-T department to scrutinise tax relief claims by sick companies

[I]  Permitting taxmen to conduct raids without due process will be disastrous: Jay Panda

 

BUSINESS STANDARD

[I]  39% comply with I-T's online audit

[I]  Nasscom defers infotech growth forecast for FY18

[I]  Shareholder activism is result of drastic changes in IT: Malcolm Frank

[I]  Government raises rabi wheat procurement target by 10%

[I]  States' borrowings see a rise

[I]  Cabinet awards 31 oil blocks to 22 firms

[I]  Global aerospace firms use tie-ups to tap India market

[I]  Currency in surplus, ATMs being monitored daily: Arun Jaitley

[I]  Trade deficit narrows to $9.8 billion in January

 

MARKETS (7.15 am)

[I]  SGX NIFTY Fut: 8752;  USDINR DGCX: 66.9125;  DJIA Mini Fut: 20608;  FTSE 100 Fut: 7253;  NIKKEI 225 Fut: 19411;  EUR-USD: 1.0618; Crude Oil (WTI): 53.04;  Gold (Spot): 1236

 

Best Regards, ARBIND

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