MACRO ECONOMIC NEWS

Macro Economic News 11 Apr 2017

 

FINANCIAL TIMES

[I]  Blame technology not globalisation for rising inequality, says IMF

[I]  US scuppers G7 joint statement on climate change

[I]  G7 hardens line on Russia backing Assad

[I]  Ukraine central bank chief resigns

[I]  Schulz sticks to Germany’s austerity recipe for EU

[I]  Trump disaster averted is a success for Beijing

[I]  Global institutions defend benefits of trade

[I]  Japan’s population set to fall to 88m by 2065

[I]  Calls for delay to India’s goods and services tax

[I]  Hedge funds extend bearish agricultural bets

 

BLOOMBERG 

[I]  Australian Business Conditions Jump to 2008 High in Show of Strength

[I]  Trump Faces Showdown With G-7 Over Climate Stance Next Month

[I]  Flash-Crash Trader Jumps Into Currency Market When Others Flee

[I]  China Is Playing a $9 Trillion Game of Chicken With Investors

[I]  Putin Has Eastern Europe Hearing Trump's Call to Arms

[I]  A Foreign Threat to U.S. Treasuries That Dwarfs Fed's Debt Hoard

[I]  China's Changing Economy Helps Explain Taming of Trump's Threats

[I]  Australia's Biggest Pension Fund Eyes U.S. Infrastructure

[I]  HKMA Is Expressing Concern About Mortgage Risks

[I]  Distressed Asia Bonds Keep Winning as Risky Bets on Junk Pay Off

 

BUSINESS LINE

[I]  Cyclical sectors seen driving India Inc’s performance in Q4

[I]  India, Cuba resist pressure on WTO e-comm rules

[I]  India, Australia to kick-start deadlocked CECA talks soon

[I]  India Gateway Terminal clocks 17% increase in cargo volumes in FY17

[I]  European Bank for Reconstruction keen to work with Indian companies

 

ECONOMIC TIMES

[I]  Geopolitical risks set to keep crude oil market buyout, but US output to weigh

[I]  30% of Indian organisations ready to adopt change management practices in India: Survey

[I]  India Inc gears up to combat terror, crime

[I]  China is doing more business with India, but it's still far from smooth sailing

[I]  Government forgoes Rs 56,000 crore tax to SEZ in April-December FY17

[I]  Higher production costs impact manufacturing competitiveness: FICCI survey

[I]  70% of all goods and some consumer durables to become cheaper under proposed GST regime

[I]  Government reduces number of centrally sponsored schemes to 28

[I]  Niti Aayog close to finalising 3-year action plan

 

BUSINESS STANDARD

[I]  Brands to get a ticket to ride on Indian Railways

[I]  IT firms may post poor Q4 numbers as uncertainties remain

[I]  Note ban made honest, hardworking taxpayers suffer: Parliamentary committee

[I]  Centre issues half of rural job guarantee scheme allocation

[I]  Production cut looms large in India's cotton spinning sector

[I]  Making PMAY a success: PMO, realty developers meet on affordable housing

[I]  India & Australia commit to begin uranium exports, hold talks on trade pact

[I]  Strong rupee lures FPIs to Indian bonds

[I]  Onion exports triple over FY16 after govt sales push

 

MARKETS (7.30 am)

[I]  SGX NIFTY Fut: 9217;  USDINR DGCX: 64.6950;  DJIA Mini Fut: 20600;  FTSE 100 Fut: 7293;  NIKKEI 225 Fut: 18742;  EUR-USD: 1.0586; Crude Oil (WTI): 53.10;  Gold (Spot): 1254

 

Best Regards, ARBIND

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