MACRO ECONOMIC NEWS

Macro Economic News 02 Mar 2017

 

FINANCIAL TIMES

[I]  Juncker suggests return of powers to states

[I]  Northern Ireland election risks return to direct rule

[I]  EU citizens face 85-page Brexit Britain form

[I]  Merkel pushes investment to stem migrant flows

[I]  Two-year Treasury yields jump on rate expectations

[I]  Reflation favours non-US markets for contrarians

 

BLOOMBERG 

[I]  Australia Mortgage Lending Standards in Regulator's Crosshairs

[I]  Asia's Fastest Growing Economies Have the Fastest Growing Slums

[I]  London Homeowners Are Desperately Slashing Prices

[I]  Trump’s To-Do List Vexes Congress a Day After His Big Speech

[I]  Great Aussie Growth Comeback May Not Be So Great After All

[I]  RBNZ Says Borrowing Costs May Remain at Record Low for Longer Period

 

BUSINESS LINE

[I]  Telecom sector may default on loan repayments: DoT

[I]  Construction, finance sectors lag in Q3 growth

[I]  Drive to make all savings bank accounts internet enabled by March 31

[I]  US investors still concerned over compulsory licensing in India

[I]  Tax agreement with India comes into force in Singapore

[I]  Truck rentals down 2.5% in Feb, says IFTRT

[I]  It will be good to put all available spectrum on the block: Rs. Sharma

[I]  IMD says severe heat wave likely in March-May period

 

ECONOMIC TIMES

[I]  Angry with poor pay hike, techies push govt to make resigning easier

[I]  Nobody listens to our orders, says Supreme Court

[I]  China gets ready to lay off 500,000 workers this yr

[I]  Indian private equity firms see a stronger deal pipeline in 2017

[I]  India likely soon to impose 25% wheat import tax: Sources

[I]  Association of Planters of Kerala urge state govt to abolish plantation tax and agricultural income tax

[I]  Virtual currencies pose real financial risk: RBI Deputy Governor R Gandhi

[I]  India's February gold imports surged to 50 tonnes: GFMS

[I]  Factory output expands, manufacturing PMI rises to 50.7 in February

[I]  Economic disruption on account of demonetisation to be short-term in nature: Moody's

[I]  India’s GDP growth after demonetisation doesn’t add up: Nomura report

[I]  Demonetisation to cut tax avoidance, corruption; credit positive: Moody's

[I]  India seeks $5-7 billion aid from World Bank

[I]  Banks to levy Rs 150 after four cash tansactions

[I]  Government to roll out programme for promoting women entrepreneurs

[I]  Government hikes minimum wage for agriculture labourer

 

BUSINESS STANDARD

[I]  IT firms breathe easy as Trump softens tone

[I]  Car sales drive over note ban hurdle

[I]  Onset of summer sets milk prices on the boil

[I]  Fourth quarter growth likely at 6% or lower: Pronab Sen

[I]  7% expansion in Q3 belies exaggerated note ban impact claims: Arun Jaitley

[I]  Brokerages, research houses have doubts on GDP data

[I]  Factory output expands for 2nd straight month

[I]  EPFO allows withdrawals from pension account without Aadhaar card

[I]  UIDAI files case for alleged misuse of Aadhaar data

 

MARKETS (7.30 am)

[I]  SGX NIFTY Fut: 9021;  USDINR DGCX: 66.8625;  DJIA Mini Fut: 21091;  FTSE 100 Fut: 7364;  NIKKEI 225 Fut: 19625;  EUR-USD: 1.0529; Crude Oil (WTI): 53.74;  Gold (Spot): 1246

 

Best Regards, ARBIND

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