MACRO ECONOMIC NEWS

Macro Economic News 03 Apr 2017

 

FINANCIAL TIMES

[I]  UK CFOs more optimistic despite trade concerns

[I]  Trump ready to tackle North Korea alone — FT exclusive

[I]  Gibraltar tensions bubble over into British war talk

[I]  Investors bet on stronger growth via reflation trades

[I]  China targets ‘financial ants’ smuggling cash to HK

[I]  Iceland weighs plan to peg krona to another currency

[I]  China allows Sydney academic to fly home

 

BLOOMBERG 

[I]  Almost a Decade Later, U.S. Money Markets Are Yet to Recover

[I]  Singapore Property Developers Have a New Headache

[I]  Singapore Home Prices Fall, Extending Decline to 14th Quarter

[I]  Japanese Corporate Sentiment Improves on Better Profits

[I]  OPEC's Barkindo Sees Progress in Oil Cuts as Stockpiles Shrink

[I]  China Has Its Worst-Ever Start to a Year For Defaults

[I]  Australia Home Prices Rise Most in 7 Years

[I]  Australian Firms Reluctant to Spend Even With Rates at Record Low

[I]  PBOC Raises Interest Rates on Standing Lending Facility Loans

 

BUSINESS LINE

[I]  After GST gets a tick, FM looks to fix bad loans

[I]  India added 5,400 MW of wind power in FY17

[I]  Debt funds raise exposure to lower-rated bonds

[I]  Political funding to get a fillip with electoral bonds scheme

[I]  Maharashtra property prices may go up as State hikes ready reckoner rates

 

ECONOMIC TIMES

[I]  Liquor ban set to cost states, hospitality industry Rs 65K cr; thousands to lose jobs

[I]  Foreign investors pump in a record Rs 57,000 crore in March on reforms buzz

[I]  UK finance minister Philip Hammond to lead trade mission to India next week

[I]  States want National Highways converted to urban roads to circumvent SC's liquor ban order

[I]  Companies can avail up to 40 per cent GST Credit for excise already paid on stocks

[I]  India unlikely to provide exemption from countervailing duty: Hasmukh Adhia

[I]  GST: Tax evasion over Rs 5 crore a non-bailable offence

[I]  Finance Ministry seeks public comments on GST rules

[I]  No GST shock: Government to exempt healthcare, education out of its ambit

[I]  Govt withdraws subsidy to mild hybrids under FAME scheme

[I]  RBI Governor Urjit Patel gets big pay hike; monthly basic jumps to Rs 2.5 lakh from Rs 90,000

[I]  Government plans to change security marks of banknotes every 3-4 years

 

BUSINESS STANDARD

[I]  Higher levy under GST for demerit goods, exchange offers

[I]  We can't delay NPA resolution any longer: Arundhati Bhattacharya

[I]  Special funds may help Centre meet PSUs' holding cap

[I]  Canada is open to immigrants and refugees, says Bardish Chagger

[I]  Crucial defence ministry meeting today to look at strategic partner policy

[I]  PMO push to flying rights auction plan

[I]  Digital banking needs pro-customer default options

[I]  Foreign flows accelerate as India gains weight

 

MARKETS (7.20 am)

[I]  SGX NIFTY Fut: 9219;  USDINR DGCX: 64.9475;  DJIA Mini Fut: 20610;  FTSE 100 Fut: 7264;  NIKKEI 225 Fut: 18953;  EUR-USD: 1.0675; Crude Oil (WTI): 50.58;  Gold (Spot): 1248

 

Best Regards, ARBIND

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