Wednesday 17 May 2017

Macro Economic News 17 May 2017

 


[I]  Trump defends sharing terrorism ‘facts’ with Russia

[I]  French long-dated bond draws in €31bn of orders

[I]  EU Singapore ruling charts possible Brexit path

[I]  Brazil nut shortage after drought triggers price jump

[I]  Low productivity a barrier to Trump’s ambitions

[I]  Trump further alienates US intelligence community

[I]  Labour lays out £49bn tax rise in radical manifesto

[I]  EU criticises Warsaw’s ‘unconstitutional’ justice reforms

[I]  Brexit dishes up food safety dilemma for UK

[I]  US shale groups refuse to lie down and die

[I]  India the next frontier for China property groups

[I]  Germans are right to be nervous over soaring Dax

[I]  UK companies use pound strength to hedge forex risk

 


[I]  Digital Revolution Clears Hurdles for Asia's Emerging Economies

[I]  London Office Vacancies Surge as Company Moves Leave Big Holes

[I]  British Government Needs Major Changes to Pull Off Trade Deals

[I]  Risk Off With U.S. Political Concern Center Stage: Markets Wrap

[I]  Rich Retirees Are Hoarding Cash Out of Fear

[I]  Mom-and-Pop Joints Are Trouncing America's Big Restaurant Chains

[I]  25 Million Americans Could Find Mortgage Tax Break Useless Under Trump’s Plan

[I]  U.K. Hopes of Speedy Trade Deal Dented Not Derailed by EU

[I]  Asia’s Most Overworked Hope to Gain the ‘Right to Rest’

[I]  Cruises Boom as Millions of Chinese Take to the Seas

[I]  Japan Set for Longest Run of Economic Growth in a Decade

[I]  China's Web Giants Expected to Post Sales Growth Above 40%

[I]  For Poor Nations, Productivity Begins on the Farm

[I]  Why We May Be Seeing the End of Brick-and-Mortar Retail

[I]  VIX Is at 10 and What Does Everyone Want? Low-Volatility ETFs

 


[I]  1 lakh entities face I-T action as ‘clean money’ drive gains pace

[I]  Labour Party to keep international students out of immigration figures

[I]  High-fat foods: FSSAI to examine expert panel’s views

[I]  Modi urges Israel, Palestine to seek ‘comprehensive solution’

[I]  For job creation, new taskforce to look at employment info from multiple sources

[I]  Veg oil imports fall 6 per cent in six months

[I]  Monsoon to hit Kerala coast on May 30

 


[I]  Vegetable oils imports jump 7% YoY in April - SEA

[I]  India working with World Gold Council to create a spot exchange

[I]  Food Minister Ram Vilas Paswan orders immediate removal of stock limit on pulses

[I]  India's GDP growth to rise to 7.9% by December 2017: Report

[I]  Pushing back against China's One Belt One Road, India, Japan build strategic 'Great Wall'

[I]  MPC is turning out to be more conservative and anti-inflationary than RBI

[I]  Centre to pay out Rs 1 lakh crore via direct benefit transfer scheme in 2017-18

[I]  Indian macroeconomic debate in dismal state: CEA

[I]  Government plans to provide employment to 1 crore people in next two years: Bandaru Dattatreya

[I]  Government to strengthen agency under GST to check tax evasion

 


[I]  Indian smartphone makers routed by Chinese rivals

[I]  1% tax at source under GST likely for online sellers

[I]  WannaCry ransomware: 48k cyber attack instances in India, says Quick Heal

[I]  IT job cuts: After Wipro, Infosys, now IBM lays off thousands in India

[I]  Why the FIPB is a victim of its success, and industry is loathe to junk it

[I]  Clean energy push: Govt to revise PMUY target to 80 mn connections in 3 yrs

[I]  Imports surge by 49% in April as demand picks up

[I]  3% fiscal deficit target has no magic validity, says CEA Arvind Subramanian

[I]  Committed to freedom of choice, right to privacy: Govt to Supreme Court

[I]  3 years of Modi govt: Plenty of agriculture reforms, but weak execution

[I]  Income tax base expands by 9.1 mn after note ban

[I]  India ranks second in EY renewables list

[I]  UDAN may hit air pockets; only 8 slots for flights

 

MARKETS (7:10 am)

[I]  SGX NIFTY Fut: 9520;  USDINR DGCX: 64.0325;  DJIA Mini Fut: 20839;  FTSE 100 Fut: 7466;  NIKKEI 225 Fut: 19831;  EUR-USD: 1.1098; Crude Oil (WTI): 48.15;  Gold (Spot): 1242

 

Best Regards, ARBIND

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