MACRO ECONOMIC NEWS

Macro Economic News 28 Apr 2017

FINANCIAL TIMES

[I]  Trump renews US threat to withdraw from Nafta

[I]  Jimmy Carter asked to steer clear of North Korea

[I]  Draghi fends off German critics and keeps stimulus

[I]  Chinese money market fund becomes world’s biggest

[I]  Palestinian Authority cuts Gaza electricity in Hamas battle

[I]  Renzi faces sterner test if he wins party leadership race

[I]  US car sales slow while Europe picks up

[I]  Time to reconsider ‘sell in May and go away’

[I]  Iraq to break with tradition in debut oil auction

[I]  Central banks show little sign of exiting

[I]  Shale revolution casts shadow over longer-dated US oil futures

BLOOMBERG 

[I]  Trump Knows Striking North Korea Is Last Resort, McCain Says

[I]   Putin Warns North Korea Situation Has ‘Seriously Deteriorated’

[I]  Japan Data Deluge Is Pointing to Economic Growth, Weak Inflation

[I]  CEOs Salivate Over Trump's Tax-Cut Plans, Vague as They May Be

[I]  The Cheap Energy Revolution Is Here, and Coal Won’t Cut It

[I]  China’s $290 Billion New Area Lifts Hope for Better Cities

[I]  India on Track to Knock Britain Out of World's Top 5 Economies

[I]  ECB's Draghi Says Recovery Is Solid and Broad

[I]  Trump Says Nafta Pullout Still Possible If Renegotiation Fails

[I]  How China's Capital Controls Make Bond Market Fragile

[I]  Korea Inc. Ready to Kill Major Reforms No Matter Who Wins Vote

[I]  Hermes Is Hiring to Meet a Surge in Demand From Asia

[I]  Sky-High Asset Valuations a Concern for Hong Kong's Regulator

BUSINESS LINE

[I]  NPPA allays fears on stent supplies, gathers data on 23 other devices

[I]  PM flags off first flight under UDAN which allows people to fly at Rs. 2,500

[I]  Govt aims to bring down patent examination time to 18 months

[I]  Turkey President coming with 150-strong biz team

[I]  With new tax pact in place, India and Cyprus hope for increase in bilateral investments

[I]  NITI Aayog for more budgetary allocation for health, agriculture, rural development

[I]  India takes centrestage as vehicle exports grow

ECONOMIC TIMES

[I]  Petty corruption on decline; bribe paid as low as Rs 10

[I]  Trump tax cut caution, ECB meeting cools risk rally

[I]  Indian companies bullish on spending, investing in 2017: Survey

[I]  Niti Aayog pegs GDP to grow 8%; bats for agriculture, tax reforms

[I]  ​Carefully crafted policies unlock investments in infrastructure: Nitin Gadkari

[I]  Government deliberating on fiscal year change, weighing pros and cons

[I]  Working to cut patent examination time to 18 months: Nirmala Sitharaman

[I]  Government encouraging self-registration for GST

[I]  13,000 inactive companies come under government lens

[I]  India may go slow on Bangladesh-Bhutan-India-Nepal Motor Vehicle Agreement

BUSINESS STANDARD

[I]  Changing job market: Robots kick-start race for skills at the workplace

[I]  Rupee's bull run may end soon: Bankers & CFOs

[I]  Govt finds only 1.42% MGNREGA job cards fraudulent

[I]  Centre in favour of fiscal watchdog

[I]  Land acquisition act has made urban land costly: NITI Aayog

[I]  NITI Aayog bats for continued labour reforms

[I]  7th Pay Commission: Lavasa panel on allowances submits report to Jaitley

[I]  No proposal to extend price cap to other medical devices, says NPPA chief

[I]  Parliamentary standing committee looks into watering down of RERA by states

[I]  India one of the best places for global realty investments: Report

[I]  RBI prescribes rules for chief risk officers in banks

[I]  BIS proposes compulsory registration for selling hallmarked jewellery

[I]  Now, you can withdraw EPF money for treatment without doctor certificate

MARKETS (6.30 am)

[I]  SGX NIFTY Fut: 9354;  USDINR DGCX: 64.3300;  DJIA Mini Fut: 20900;  FTSE 100 Fut: 7193;  NIKKEI 225 Fut: 19239;  EUR-USD: 1.0860; Crude Oil (WTI): 49.21;  Gold (Spot): 1265

Best Regards, ARBIND

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