MACRO ECONOMIC NEWS

Macro Economic News 23 May 2017

 

FINANCIAL TIMES

[I]  Rouhani stands by Iran’s missile programme

[I]  Trump in Israel vows to confront threat from Iran

[I]  UK PM backs down on key election pledge

[I]  Rouhani counts on pragmatism to bring about reform

[I]  Berlin and Paris aim to accelerate eurozone reforms

[I]  $12bn Australian coal mine deferred in subsidy war

[I]  Trump-Russia probe engenders cross-party bond

[I]  China looks to capture millions of tonnes of CO2

[I]  EU underlines Portugal’s recovery from debt crisis

[I]  Night trading showcases Japan’s nimble traders

[I]  Foreign investors welcome US debt ratings to China

 

BLOOMBERG 

[I]  India's Book-Buying Habits Say A Lot About The Country's Economy

[I]  With an Asset-Backed Debt ETF, the Bet Is If You Can Pay What You Owe

[I]  Australian Mortgage Bond Sales Are Climbing Despite Housing Warnings

[I]  China Spins a Global Food Web From Mozambique to Missouri

[I]  America’s Cities Are Running Out of Room

[I]  EU Finalizes Brexit Position as U.K. Threatens to Quit Talks

[I]  Heavy Rains Are Turning U.S. Corn Fields Into Lakes

[I]  Chinese Companies Wary of Political Risks on Xi's Belt and Road

[I]  India's New Tax Is Too Complicated

[I]  China, Russia Aim to Deliver Big Jets by 2027 to Take On Boeing

[I]  Korea Dials Up Investment in the U.S.

[I]  U.S. Duties Will Drive Canadian Wood Exports to China, Minister Says

 

BUSINESS LINE

[I]  RBI to revamp oversight panel to tackle bad loans

[I]  Firms see more room for growth

[I]  GST regime: Input credit to help logistics companies with assets to neutralise tax

[I]  Africa takes tips from India to cut food import bill

[I]  Port development key to nation’s economic prowess, says PM

[I]  US chicken import row: WTO cedes India’s request

[I]  Monsoon near Lanka; next stop Kerala

[I]  Bad loans growth in private banks outpaces PSBs’ for third quarter in a row

 

ECONOMIC TIMES

[I]  Govt's push to mandatory Aadhaar may erode public faith in digital payments

[I]  Wall Street's risky, complex loan deals a hit in Asia

[I]  Small-town India rushing into stocks, and making big money

[I]  A 'mind-boggling' reform looms over India's $2 trillion economy

[I]  India Inc's foreign investment dips 44% to USD 3.15 billion in April

[I]  Government sets $45 billion textiles exports target for FY18

[I]  RBI outlines action plan to implement ordinance on NPAs

[I]  Public debt dips 1.9% to Rs 60.66 lakh crore in Q4 FY17

[I]  'World should think twice before abolishing cash'

 

BUSINESS STANDARD

[I]  PSU bank stocks bleed on NPA worries

[I]  Smartphones, cement to cost less under GST: Govt

[I]  RBI in action: Oversight panel for bad loans to be beefed up

[I]  GST: E-commerce players, sellers say rates would hurt small businesses

[I]  Farm ministry will promote all notified crops; GM or not: Radha Mohan Singh

[I]  India fourth largest greenfield projects investor in Africa: Arun Jaitley

[I]  Blunder or not, India skipping Silk Road meet was a rare display of spine

[I]  Stop charging premium from Asian buyers: India to Opec

[I]  Government initiates debate to regulate Bitcoin

 

MARKETS (6:35 am)

[I]  SGX NIFTY Fut: 9466;  USDINR DGCX: 64.5675;  DJIA Mini Fut: 20849;  FTSE 100 Fut: 7482;  NIKKEI 225 Fut: 19667;  EUR-USD: 1.1244; Crude Oil (WTI): 50.73;  Gold (Spot): 1262

 

Best Regards, ARBIND

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