MACRO ECONOMIC NEWS

Macro Economic News 26 May 2017

 

FINANCIAL TIMES

[I]  Trump vows to punish source of Manchester probe leak

[I]  Nigeria moves closer to overhaul of oil sector

[I]  EU adds English teachers’ pay to Brexit bill

[I]  How the Fed plans to unwind massive market stimulus

[I]  US warship tests Beijing claims in South China Sea

[I]  Net migration falls as EU citizens leave UK

[I]  Wall St scales fresh peaks while oil prices slide

[I]  Machine learning set to shake up equity hedge funds

[I]  Dollar bears have more to fear from US data trap

[I]  US energy junk bonds shine as equity investors suffer in 2017

[I]  Sellers of green bond face test of credentials

 

BLOOMBERG 

[I]  Bitcoin Twice as Expensive as Gold as Buying Frenzy Bites

[I]  Higher Energy Costs Nudge Japanese Inflation Up to 0.3% in April

[I]  U.K. Now Sees ‘Special Relationship’ With U.S. as Not So Special

[I]  Hedge Funds Squeezed by World's Highest Rents Are Moving Out

[I]  Brazil’s Car Wash Scandal Reveals a Country Soaked in Corruption

[I]  Most Fed Officials Saw Tightening ‘Soon,’ Favored Unwind Plan

[I]  China's State Media Hits Out at Debt Downgrade With a Buffett Quote

[I]  Teenagers Everywhere Don’t Understand Money

[I]  'Plant Factories' Churn Out Clean Food in China’s Dirty Cities

[I]  Farming the World: China’s Epic Race to Avoid a Food Crisis

[I]  G-7 Divided on Trade in Time of Trump

[I]  May Talks to Trump on Intelligence Leaks as U.S. Vows Probe

[I]  South Korean Consumer Confidence Soars on Moon Election Victory

 

BUSINESS LINE

[I]  Coastal law being watered down at risk to ecology

[I]  Monsoon, corp earnings send markets on a high

[I]  Multinational toy-makers go slow on manufacturing in India

[I]  Railways to seek Cabinet nod for Rs. 35,000-crore development fund

[I]  China still ahead of India in population count: experts

[I]  Net migration to Britain falls in 2016

[I]  January-March quarter sees robust M&A deals: EY study

 

ECONOMIC TIMES

[I]  A Saudi blunder will haunt Opec for years to come

[I]  China's yuan slips to 7th place in global trade finance

[I]  Higher yields could trigger new debt concerns: ECB

[I]  Sugar price rise 'inevitable' due to sugarcane FRP hike: NFCSF

[I]  Failure of debt-laden telecom operators can trigger defaults, bankers tell government

[I]  India retains world's highest FDI recipient crown: Report

[I]  Growth may slowdown in Q4 of FY17; new WPI, IIP numbers may improve numbers: Icra

[I]  India, Japan come up with AAGC to counter China’s OBOR

 

BUSINESS STANDARD

[I]  CEO poll: India Inc gives big thumbs up to three years of Modi govt

[I]  GST regime: Anti-profiteering body likely to be under CBEC framework

[I]  UDAN Indian aviation's biggest achievement in the past year: Jayant Sinha

[I]  Public procurement: Industry waits for $650-bn opportunity

[I]  Karnataka launches Elevate programme to help start-ups scale operations

[I]  Porter offers tips to create jobs in India

[I]  Need argumentative, not intolerant, Indian: Pranab Mukherjee

[I]  NRIs under I-T scanner for exchanging old notes

[I]  Govt tweaks start-up definition, benefits to now flow for 7 years

[I]  Bitcoin trading at over Rs 2 lakh in India as global prices cross $2,500

[I]  After decades of neglect, India builds along China's border

[I]  BMS slams NITI Aayog's 'anti-worker' disinvestment policy for Hotel Janpath

 

MARKETS (7:50 am)

[I]  SGX NIFTY Fut: 9479;  USDINR DGCX: 64.5375;  DJIA Mini Fut: 21043;  FTSE 100 Fut: 7499;  NIKKEI 225 Fut: 19769;  EUR-USD: 1.1191; Crude Oil (WTI): 48.89;  Gold (Spot): 1257

 

Best Regards, ARBIND

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