MACRO ECONOMIC NEWS

Macro Economic News 03 May 2017

 

 

FINANCIAL TIMES

[I]  Macron and Le Pen fight for French working-class vote

[I]  Brussels set for power grab on London euro clearing

[I]  Race for China’s $5.5tn mobile payments hots up

[I]  Australia record home sale highlights bubble risks

[I]  US share buyback plan approvals plunge

[I]  US car sales drop faster than expected

[I]  Chemical industry split on case for more US plants

[I]  US business warns on impact of immigration limits

[I]  Bank of Japan splashes big on ETFs

[I]  Chinese mood towards private equity improves

[I]  Property drama raises fears for Canadian banking

 

BLOOMBERG 

[I]  Coal Country Is Back, Along With Signing Bonuses and Pay Raises

[I]  Here’s What ‘Billions’ Gets Wrong About the Municipal Bond Market

[I]  Oil Decline Eases as Industry Said to Report Stockpile Plunge

[I]  Auto Sales Fall for Fourth Straight Month

[I]  China's Rust-Belt Rebound Is Under Threat From Slowing Inflation

[I]  India Property Developers on Notice: Clean Up Act or Go to Jail

[I]  Government to Build New Sydney Airport as Operator Balks at Risk

[I]  Top Hedge Fund Turns to Australia Cannabis Firm for Next Bet

BUSINESS LINE

[I]  PMI data, Fitch outlook point to a humming economy

[I]  Exporters go bananas over size

[I]  Need time to consider Turkey’s call for FTA, says New Delhi

[I]  GST Network starts pilot testing of filing of returns

[I]  PM reviews progress on GST, black-money war

[I]  Investors give ‘fit-tech’ start-ups a clean bill of health

[I]  Aadhaar data leak exposes cyber security flaws

[I]  Kerala to be a net deficit State in fish availability

[I]  Glut continues in Guntur; market to reopen today

[I]  North-West India, only red spot on likely ‘normal’ monsoon map

[I]  Benefits of economic reforms are reaching villages: Jaitley

 

ECONOMIC TIMES

[I]  Rs 30,000 cr for 25 railway stations! Suresh Prabhu draws roadmap for a major revamp

[I]  Emerging markets see strongest foreign investor run since 2015: IIF

[I]  RBI's stand on provisions may impact M&A funding

[I]  Government to review UAE bilateral deals

[I]  India to clock 7.1 per cent GDP this year, 7.5 per cent in 2018: UN report

[I]  Fitch retains India’s sovereign rating at stable investment grade level

[I]  Soon, a model tender to bid for Digital India projects

[I]  Government asks states to accept power tariff in digital transaction

[I]  Niti Aayog comes up with new fuel plan to cut oil import bill, reduce pollution

 

BUSINESS STANDARD

[I]  MP first to switch to Jan-Dec fiscal year

[I]  CV sales drop in April after SC order banning sale of BS-III vehicles

[I]  Changing job market: Automation slams brakes on shop-floor jobs

[I]  Govt pares MNREGA compensation for delay in payment of wages

[I]  Electricity to be available like mobile connection: UP power minister

[I]  CPSE exchange-traded fund 2.0 may include Suuti firms

[I]  Pakistan warns India against any misadventure

[I]  First for Modi govt, UNHRC to review India's human rights record

[I]  Britain and EU are miles apart on Brexit talks

 

MARKETS (7.30 am)

[I]  SGX NIFTY Fut: 9359;  USDINR DGCX: 64.3175;  DJIA Mini Fut: 20859;  FTSE 100 Fut: 7196;  NIKKEI 225 Fut: 19450;  EUR-USD: 1.0933; Crude Oil (WTI): 48.13;  Gold (Spot): 1256

 

Best Regards, ARBIND

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