MACRO ECONOMIC NEWS

Macro Economic News 07 Jun 2017

 

FINANCIAL TIMES

[I]  May ramps up anti-terror rhetoric in election push

[I]  Trump points finger at Qatar over terror financing

[I]  Nations agree corporate tax avoidance crackdown

[I]  Qatar counts economic cost of Gulf rivals’ ire

[I]  Philippe seeks rapid action on French labour reform

[I]  Gulf port ban pushes up Qatar gas shipment costs

[I]  South Africa plunges into unexpected recession

[I]  Trump jitters draw Southeast Asia into China’s embrace

[I]  Australia warns China to keep out of its affairs

[I]  EU negotiators expect post-election Brexit crisis

[I]  Streaming to surpass physical music sales in 2017

[I]  Effort to harmonise risky-loans rules in doubt

 

BLOOMBERG 

[I]  Draghi May Look Backward to Chart ECB Communication on Future

[I]  ECB Still Way Behind the Fed Even With Euro Area Outpacing U.S.

[I]  Russia and China Are Bulking Up in the U.S.’s Backyard

[I]  Americans Are Pouring Money Into Their Homes Like It's the 1990s

[I]  The Cost of Renting a London Home Is Falling Fast

[I]  Australia Expects First-Quarter GDP Weakness

[I]  Gold Prices Break Through a 6-Year-Long Downtrend Line

[I]  China Ready to Buy More Treasuries as Yuan Stabilizes

 

BUSINESS LINE

[I]  Indian IT cos saw 37% fall in H-1B visa approvals in 2016

[I]  ‘High’ 12% tax under GST will ‘hit fertiliser firms, farmers’

[I]  Cabinet Secretary suggests GST facilitation cells at ministries

[I]  ITIs to be revamped, brought on par with CBSE/ICSE, says Rudy

[I]  Govt eyes mergers to create PSU behemoths across various sectors

[I]  IT Dept notifies new rules for capital gains tax exemption

[I]  Solar cell firms seek anti-dumping duty on imports from 3 nations

[I]  Residential realty new launches dip 16%

 

ECONOMIC TIMES

[I]  Dollar hits 7-month low, stocks, oil retreat as caution reigns

[I]  Haryana government gives subsidy to farmers to encourage farming of Kharif onion

[I]  Livestock farming may become less profitable: Arvind Subramanian

[I]  India's April tea output surges 31 per cent: Board

[I]  India, Sri Lanka sign pact for $ 318 million line of credit

[I]  India's coffee exports up 11.51 per cent in April

[I]  Asia can unlock $5 trillion, 230 million jobs via key development goals

[I]  Indian infrastructure market to overtake Japan by 2023: BMI Research

[I]  Finance Ministry seeks NITI Aayog suggestions on PSU banks consolidation

[I]  Lack of judicial reforms pulls down India's ranking

 

BUSINESS STANDARD

[I]  ESOPs, M&As kept out of the ambit of capital gains tax

[I]  Doha flights get longer as Indian carriers skip UAE; take Pak, Iran routes

[I]  IMD sticks to normal monsoon forecast at 98% of long period average

[I]  No way to cheer up for liquor industry

[I]  Minister to hold meeting with telcos on financial health

[I]  Modi govt to sharpen plan for naming & shaming tax defaulters

[I]  Insolvency code could take time to resolve cases

[I]  Madhya Pradesh farmers protest: 5 shot dead as stir turns violent

[I]  GST to reduce tax evasion cases by simplifying taxation system: NITI CEO

 

MARKETS (7:10 am)

[I]  SGX NIFTY Fut: 9688;  USDINR DGCX: 64.5625;  DJIA Mini: 21163;  FTSE 100 Fut: 7510;  NIKKEI 225 Fut: 19938;  EUR-USD: 1.1269; Crude Oil (WTI): 48.05;  Gold (Spot): 1292

 

Best Regards, ARBIND

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