MACRO ECONOMIC NEWS

Macro Economic News 01 Jun 2017

 

FINANCIAL TIMES

[I]  EU and China strengthen climate ties to counter US retreat

[I]  Strong debut boosts Macron’s national poll prospects

[I]  Ireland plans IPO of bank that helped force bailout

[I]  Russia lifts most of its sanctions against Turkey

[I]  May ducks live debate as Corbyn seizes opportunity

[I]  Philippine fight shows extremists’ regional strength

[I]  The Fed’s conundrum: stubbornly low inflation

[I]  EU presses plan to bundle debt of eurozone countries

[I]  Bond investors signal gloomier outlook on UK

 

BLOOMBERG 

[I]  May's Decision to Skip TV Debate Slammed by Party Leaders

[I]  Australia Home Prices Fall in May as Lending Curbs Start to Bite

[I]  Humans Down Under Face Final Showdown With Passive-Fund Invaders

[I]  China's Road to World Tech Domination Begins in Southeast Asia

[I]  Emerging Stocks Face New Era as MSCI Ponders $9 Trillion Markets

[I]  EU Leaders Turn to China After Trump Visit Clouds U.S. Relations

 

BUSINESS LINE

[I]  GDP growth pegged at 7.1% in FY17 on note-ban effect

[I]  In April, core sector grew a mere 2.5%

[I]  Centre contains fiscal deficit at 3.51% in FY17

[I]  B2C e-commerce exports by MSME clusters pegged at $26 million

[I]  SEBI proposes norms to regulate index providers

[I]  Monsoon to cover parts of Karnataka, TN, North-East in next 3 days

[I]  Govt looks to beat last year’s bumper production of pulses, grains

[I]  India wants ‘ambition’ pared on regulating fisheries subsidies at WTO

 

ECONOMIC TIMES

[I]  India Inc's top line grows, but margins take a hit on expenses

[I]  Fiscal deficit at 3.5 per cent in FY17, spending gathers pace

[I]  German industry experts believe with Moody's downgrading China ranking, India is on strong wicket

[I]  India, Spain sign 7 agreements, decide to widen defence ties

[I]  India's strong growth offers opportunities for Spanish firms: PM Narendra Modi

[I]  GDP to accelerate by 0.75 pc in FY18, says CEA

[I]  CPI inflation to rise above RBI's mid-term target of 4 per cent: UBS

[I]  Eight core sector growth slips to 2.5 per cent in April

[I]  Negative effects of note ban gone, India to clock 7.5% growth in FY'17: Moody's

[I]  Tax department extends date for filing SFT by banks, MFs till June 30

[I]  GST would add extra 4% in Indian growth, says Hasmukh Adhia quoting US expert

[I]  Link Aadhaar with PAN using SMS: I-T department

 

BUSINESS STANDARD

[I]  Arrest provisions under GST law relaxed

[I]  New draft Companies Valuation rules for Sebi-registered firms stir debate

[I]  E-buses, privatisiation of bus transport services: Govt takes the wheel

[I]  Gauging note ban hit a complex task: Anant

[I]  Per capita income rises 9.7% to Rs 1.03 lakh in FY17

[I]  Agri-businesses shrug off demonetisation impact, grow by 5.2% in March qtr

[I]  Construction sector performed particularly poorly during Q4FY17: Panagariya

[I]  Estimate of economic growth in Q4 reveals downside surprise

[I]  April core sector growth slows to three-month low of 2.5%

[I]  India, Spain emphasise need for EU trade pact

 

MARKETS (8:10 am)

[I]  SGX NIFTY Fut: 9629;  USDINR DGCX: 64.6450;  DJIA Mini Fut: 21018;  FTSE 100 Fut: 7526;  NIKKEI 225 Fut: 19829;  EUR-USD: 1.1246; Crude Oil (WTI): 48.69;  Gold (Spot): 1270

 

Best Regards, ARBIND

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