MACRO ECONOMIC NEWS

Macro Economic News 15 Mar 2017

 

FINANCIAL TIMES

[I]  Saudis stand by commitment to oil production cuts

[I]  Why are UK companies rushing to buy each other?

[I]  Germany cracks down on social media fake news

[I]  US business confidence highest for 8 years

[I]  Don’t call Brexit a ‘divorce’, Theresa May tells MPs

[I]  Irish complain about Brexit rivals for London’s business

[I]  Pound in poor health despite ‘undervalued’ status

 

BLOOMBERG 

[I]  The Only Way to Stop Indians Buying Gold? Take Away Their Cash

[I]  Oil at $40 No Problem as U.S. Drillers Snub OPEC With Hedges

[I]  Saudi Arabia Says It Has Reversed a Third of Its Production Cuts

[I]  Optimism Among U.S. CEOs Shows Biggest Increase Since 2009

[I]  Australia's $1.7 Trillion Pension Pot Drives Record ETF Demand

[I]  Trump Waiting Game Turns a Stock Picker's Paradise Into ETF Land

[I]  Japan’s Power Producers to Face China Coal Pain After Steel

 

BUSINESS LINE

[I]  India refuses Canada’s proposal of signing investment deal before free trade pact

[I]  Pricier food, fuel push WPI inflation to 39-month high

[I]  Govt works out draft indicators to measure progress on SDGs

[I]  Evolution of underlying economic vision necessary to overcome future challenges

[I]  Universal Basic Income plan won’t end govt’s responsibilities: CEA

[I]  UK Parliament clears way for Brexit talks with EU

[I]  PE, VC investments dip to 3-year low in Feb

[I]  VC fund scheme for SCs: Number of beneficiaries drops in 2016-17

 

ECONOMIC TIMES

[I]  Rupee hits 16-month high: RBI intervenes via banks to check wild swings in unit

[I]  Corporate debt pie grows by 15 per cent as on December 31

[I]  Indian economic growth could boost US exports: USTR

[I]  RBI may not slash rates as consumer price inflation on a rise: Nomura

[I]  Retail Inflation increases to 3.65 per cent in Feb, WPI at 6.55 per cent

[I]  February WPI at 3-year high, hits 6.55% from 5.25% in January

[I]  Cost to fall with integrated transport & logistics policy: Nitin Gadkari

[I]  E-wallet firms reject government plan to provide cover to their users

[I]  India to take up food security with WTO chief

[I]  Cabinet nod likely to double gratuity cap to Rs 20 lakh

[I]  No plan to cut sugar import tax for now: Ram Vilas Paswan

 

BUSINESS STANDARD

[I]  India Inc welcomes Railways' discount scheme

[I]  Appellate tribunals on mission makeover

[I]  222 mineral blocks on radar for auctions in 2017-18

[I]  Opec says oil stocks still increasing, Saudis raise output

[I]  Export based on world demand, not domestic supply: Govt

[I]  India to host Commonwealth SME summit

[I]  Shocking: Nine leading food and beverages brands in India lag behind in high nutritional quality

[I]  Centre to develop logistics parks in 35 clusters

[I]  Loan waivers negative for banks, MFIs: Analysts

 

MARKETS (7.10 am)

[I]  SGX NIFTY Fut: 9117;  USDINR DGCX: 65.8625;  DJIA Mini Fut: 20814;  FTSE 100 Fut: 7353;  NIKKEI 225 Fut: 19528;  EUR-USD: 1.0613; Crude Oil (WTI): 48.43;  Gold (Spot): 1201

 

Best Regards, ARBIND

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