MACRO ECONOMIC NEWS

Macro Economic News 09 May 2017

 

FINANCIAL TIMES

[I]  South Koreans look for fresh start after Park

[I]  Merkel rules out eased spending rules to help Macron

[I]  Stars align for Macron, meteor of French politics

[I]  Moscow fights to end EBRD lending freeze

[I]  Buhari’s absence from public life alarms Nigerians

[I]  Merkel party defeats SPD in state poll surprise

 

BLOOMBERG 

[I]  Carney and the Bank of England Ready to Play It Safe

[I]  Population Growth Will Fall to Zero in Asia by 2050, Says IMF

[I]  U.S. Stocks Mixed, VIX at 24-Yr Low as Bonds Drop: Markets Wrap

[I]  Doughnuts Are on a Global Rampage, and They Must Be Stopped

[I]  Saudi Arabia and Russia Signal Oil-Cuts Extension Into 2018

[I]  Saudi Arabia Says Oil Curbs Could Extend Beyond End of 2017

[I]  Western Shoppers Are Fueling a Revival for Made-in-Asia Goods

[I]  The Big Risks in China's 'Tightrope' Monetary Policy

[I]  $1.3 Trillion Housing Boom Set to Be India's Next Growth Driver

[I]  Chinese Factories Going It Alone to Build the Next Must-Have Device

[I]  China Mulls Three Mega Power Firms in $855 Billion Reshuffle

 

BUSINESS LINE

[I]  Centre cautions States on possible monsoon failure

[I]  Move to levy post-GST import duties on mobile phones sparks WTO protest

[I]  Banks, not RBI, will decide size of bad-loan ‘haircuts’

[I]  Women already on maternity break also eligible for enhanced leave: govt

[I]  Monsoon deficiency in 2016-17 hits coconut production

[I]  Rupee struggles to strengthen beyond 64

 

ECONOMIC TIMES

[I]  India refuses to soften its stand on CPEC

[I]  Sebi allows investors to buy mutual funds via digital wallet

[I]  Andhra Pradesh ties up with Iowa state in the US to promote farm best practices

[I]  RBI, IBA to select cases for resolution of NPAs

[I]  Affordable home-loan players to have 40 per cent CAGR in next 4 years

[I]  India to grow 7.5% next year on higher infrastructure spending: UN

[I]  New Delhi trailing Beijing by 13 years: China

[I]  To burnish India's CV, PM Narendra Modi turns focus on job creation

[I]  Government open to providing more funds for banks' recapitalisation: Arun Jaitley

[I]  Bankruptcy courts will spring to life as government targets bad loans

[I]  Niti Aayog to recommend more PSUs for strategic sale

[I]  GST's anti-profiteering clause to check monopolies, cartels

 

BUSINESS STANDARD

[I]  Land acquisition delays financial closure for 23 highway projects

[I]  Enforcement Directorate, I-T department set to get more powers

[I]  Use cash gains from demonetisation to fund state banks: IMF

[I]  India to grow 7.5% next year on higher infra spending, says UN

[I]  NPA framework: Ordinance to empower RBI actually gives more teeth to govt

[I]  Supreme Court cuts Competition Commission's penal powers

[I]  Govt assessing recapitalisation needs of PSU banks

[I]  Why India is a long way off from a common agri market

[I]  Centre to buy 100,000 tonnes of tur from Maharashtra farmers

[I]  Finance ministry drafting rules for Bitcoin, other virtual currencies

[I]  Top funds underperform benchmarks in 2017

 

MARKETS (8:00 am)

[I]  SGX NIFTY Fut: 9343;  USDINR DGCX: 64.5700;  DJIA Mini Fut: 20931;  FTSE 100 Fut: 7255;  NIKKEI 225 Fut: 19876;  EUR-USD: 1.0928; Crude Oil (WTI): 46.55;  Gold (Spot): 1228

 

Best Regards, ARBIND

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