MACRO ECONOMIC NEWS

Macro Economic News 17 Apr 2017

 

FINANCIAL TIMES

[I]  US warns North Korea over nuclear tests

[I]  IMF warnings of US protectionism ‘rubbish’, says Ross

[I]  Exchange traded funds attract record inflows

[I]  Euro volatility hits highest levels since Brexit vote

[I]  Reformers and hardliners line up for Iran presidential poll

[I]  Global economic recovery ‘broad-based and stable’

[I]  Ghana’s finance minister pledges spending crackdown

[I]  UK small brokers make a move into banks’ M&A turf

[I]  Turkish assets rally as in best run in two months ahead of referendum

[I]  OPEC Sees a World That Still Has Too Much Oil

 

BLOOMBERG 

[I]  Bets on Oil Rise Advance on Signs OPEC Cuts Will Outdo U.S. Boom

[I]  German President Urges French to Resist Appeals of EU Skeptics

[I]  Trump Ties China Currency Decision to Help With North Korea

[I]  U.S. Treasury Has Switzerland in Its Sights

[I]  Here's Why Robust U.S. Job Market Isn't Producing Better Pay

[I]  Iran Boosts Gas-Output Capacity With New Projects at Giant Field

[I]  U.S. Is Falling in Love With Pricey New Zealand Wine

[I]  PBOC Finds Friend in Trump as Yuan Seen Falling Versus Peers

[I]  Fund Managers Oppose Dual-Class Shares Plan in Singapore

[I]  Bank of Korea Sees Slightly Faster Growth Ahead, Eyes Risks

 

BUSINESS LINE

[I]  Fast-track divestment: SUUTI stake-sale among top options

[I]  Swachh Bharat: Liberal spending, but limited results

[I]  First call soon for Indian version of ‘Shark Tank’

[I]  Social justice, equality are cornerstones of ‘New India’: BJP

[I]  Domestic LPG consumption set to grow 10% this fiscal

[I]  No rich harvest for fertiliser firms in Q4

[I]  Khadi Commission portal gets 4 lakh job applications

 

ECONOMIC TIMES

[I]  PM Modi calls for big leap on road to development

[I]  Finance Ministry expects 6 banks to raise funds via FPO as market improves

[I]  Sebi asks MFs to explain promoter group exposure to AUMs

[I]  Sebi set to block P-Note route for NRIs to prevent laundering of black money

[I]  Companies report better CSR compliance in FY16

[I]  India will be an unintended beneficiary of Donald Trump's protectionism.

[I]  Prices of kerosene, cooking gas will keep rising while subsidy burden will reduce slowly.

[I]  GST: Government looking to keep single rate for each product group to avoid complexity

 

BUSINESS STANDARD

[I]  GST Network expects last-minute rush from taxpayers

[I]  Clean Money 2.0 widens the net beyond banned note deposits

[I]  More than founders, investors are calling the shots at e-commerce firms

[I]  Office tenants renegotiate rental deals downwards in Mumbai

[I]  Combining human, artificial intelligence to automate process

[I]  Cash, ATM management firms may get 100% FDI approval from govt

[I]  Credit growth falls to 60-year low

 

MARKETS (7.00 am)

[I]  SGX NIFTY Fut: 9155;  USDINR DGCX: 64.5500;  DJIA Mini Fut: 20395;  FTSE 100 Fut: 7262;  NIKKEI 225 Fut: 18282;  EUR-USD: 1.0620; Crude Oil (WTI): 53.05;  Gold (Spot): 1292          

 

Best Regards, ARBIND

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