MACRO ECONOMIC NEWS

Macro Economic News 04 Apr 2017

 

FINANCIAL TIMES

[I]  S&P cuts South Africa credit rating to junk

[I]  Trump’s North Korea warning sparks concern in Asia

[I]  Eurozone jobless rate falls to lowest in 8 years

[I]  Productivity slowdown risks social turmoil, IMF says

[I]  Weak yen brightens Japan manufacturers’ outlook

[I]  Fears of bubble as Australian house prices surge

[I]  China’s bonds imply stock rally not all it appears

[I]  Markets begin quarter on risk-averse note

[I]  Italian bond yields rise amid political worries

 

BLOOMBERG 

[I]  Greek Pensions Hot Potato Puts Tsipras in Tight Spot on Bailout

[I]  U.S. Car Demand Collapses in Threat to Trump's Factory Push

[I]  Coking Coal Surges After Cyclone Debbie Cut Australian Supplies

[I]  Trump Cracks Down on H-1B Visa Program That Feeds Silicon Valley

[I]  Carmakers Post Surprise Declines as Discounts Fail to Buoy Sales

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

[I]  People Are Paying to Work From Bars and Restaurants

[I]  Japan's Contentious Current-Account Surplus Also Means U.S. Jobs

[I]  China Plan to Create New Shenzhen Spurs Speculative Rampage

[I]  Australia Home Prices Rise Most in 7 Years

 

BUSINESS LINE

[I]  Manufacturing PMI at 5-month high in March

[I]  ADB urges Asian nations to be more resilient to external shocks

[I]  India’s Act East policy to boost connectivity: Jaitley

[I]  Centre sets up National Board of Electric Mobility

[I]  PE investments soar to $5.44 b in FY17

[I]  Bring more crops under insurance cover, Centre tells State govts

[I]  India Inc’s credit quality improved in FY17, says rating agency Crisil

[I]  Making an impact at the base of the economic pyramid

 

ECONOMIC TIMES

[I]  CBDT proposes norms for tax benefits for genuine equity deals

[I]  Sebi hikes FPI investment limit for government debt

[I]  Fed signals it could start shedding bonds this year

[I]  Wheat output to hit record high of 98mt despite soaring mercury

[I]  Indian, Malaysian firms exchange MoUs worth $36 bn

[I]  Act East policy to further ties with SE Asian nations: FM Arun Jaitley

[I]  India to become more influential in Asia-Pacific in next 5 years: Report

[I]  Go-slow India may dilute China-championed Asia trade pact

[I]  March PMI touches 5-month high on new orders, output growth

[I]  Reserve Bank of India set to get more power to deal with stressed assets

[I]  To cut tariff, government wants to link coal bids to lower charges in PPAs

[I]  RBI to bring Rs 200 notes this June, claim reports

[I]  Government asks companies to disclose details about junked notes

[I]  Niti Aayog opens door to private sector experts

 

BUSINESS STANDARD

[I]  Faster clearances, monitoring help infra projects stay on course in Q4

[I]  Govt softens capital gains tax blow

[I]  Steel firms hit record sales, meet production targets

[I]  BS-IV norms likely to trigger more demand for AMT commercial vehicles

[I]  From June, fertiliser firms to get subsidy after PoS retail sale

[I]  Govt to build 59,000-km rural roads in FY18

[I]  Crisil sees weak recovery on spike in bad loans to 10 per cent by March

[I]  Factory output grows at five-month high on surge in orders: PMI

 

MARKETS (9.30 am)

[I]  SGX NIFTY Fut: 9303;  USDINR DGCX: 65.0525;  DJIA Mini Fut: 20560;  FTSE 100 Fut: 7230;  NIKKEI 225 Fut: 18875;  EUR-USD: 1.0669; Crude Oil (WTI): 50.27;  Gold (Spot): 1256

 

Best Regards, ARBIND

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