MACRO ECONOMIC NEWS

Macro Economic News 13 Jun 2017

 

FINANCIAL TIMES

[I]  US tech stocks extend losses despite late recovery

[I]  No time to waste in Brexit talks, Barnier warns UK

[I]  Big US pharma dealmaking plunges to five-year low

[I]  Macedonia considers name change in effort to join Nato

[I]  Indian shops rush to sell stock before tax change

[I]  Business eyes softer Brexit in wake of election

[I]  Poor inflation readings unlikely to deter Fed

[I]  Finnish populists take coalition to breaking point

 

BLOOMBERG 

[I]  FX ‘Cartel’ Traders Reach Deal to Face Charges in U.S. Case

[I]  India Making Most Progress in Putting Women on Boards

[I]  This Is How Much Hong Kong Property Has Surged Since British Rule

[I]  The Electric, Driverless Revolution Is About to Hit the High Seas

[I]  Bond Market Doomsayers Sound Alarm as Margin of Safety Vanishes

[I]  Panama to Establish Ties With China in Latest Blow to Taiwan

[I]  98% Chance of a Fed Hike This Week According to Poll

[I]  China Data Seen Showing Consumers Steady, Factories Downshifting

[I]  The Fed Is Getting New Rules of the Road Ready for Balance Sheet Unwind

[I]  Asia Trails Rest of World in Putting Women on Company Boards

[I]  Great Wall's 21% Jump Shows Risk of Going Short in Hong Kong

[I]  Here's What's Probably Behind Friday's Tech Slide

[I]  U.S. to Release Steel-Import Findings as Soon as This Week

 

BUSINESS LINE

[I]  Jaitley: 81 NPA cases flagged for bankruptcy

[I]  Top firms ‘fire’ 81 C-suiters in 2 years

[I]  Centre draws firm line on farm-loan waivers

[I]  Banks say no to customers sans Aadhaar

[I]  India’s electronics market may cross $400 billion by 2020: study

[I]  GST impact: 2-wheeler firms brace for tepid June numbers

[I]  Note ban blues: Factory output dips to 3.1% in April

[I]  Business confidence dives as political crisis grips UK

[I]  Reliance General Insurance plans public issue in FY18

[I]  ‘VCs are pushing for self-correction from market to unit economics’

[I]  Govt mulls 60% import duty if global sugar prices stay low

 

ECONOMIC TIMES

[I]  Raising debt online could be expensive for small firms

[I]  Most Asian currencies subdued ahead of Fed rate decision

[I]  Rich farmers likely to be excluded from loan waiver

[I]  National social assistance programme: Fiscal burden may force Modi govt to prune scope of welfare schemes

[I]  India's core consumer inflation seen at around 4.2 per cent in May

[I]  Telangana's GSDP up over 10 per cent to Rs 5.11 lakh crore in FY17

[I]  Centre okays highways and waterways projects worth Rs 1.5 lakh crore for Uttar Pradesh

[I]  Tax may rise on outbound M&As, Indian MNCs’ investments

[I]  Debtor list being drawn up for resolution under insolvency law

[I]  GST: Traders need to declare only GSTIN for export, import

[I]  Government examines drawback benefit schemes in GST regime

 

BUSINESS STANDARD

[I]  Industrial output growth slows to 3.1% in April

[I]  Top loan defaulters' list almost ready: Arun Jaitley

[I]  More players possible in processed foods after GST cuts

[I]  Drug inventory with stockists falls ahead of GST

[I]  Private fuel retailers to revise prices daily

[I]  Govt working on legal framework for quick offshore auction

[I]  GST: Promise and pitfalls

[I]  GST: Imported garments to become 5-6% cheaper

[I]  Fuel demand grows 5.4% in May; petrol, diesel sales surge

[I]  How 15,080 profitable Indian companies paid no tax in 2015-16

[I]  RBI net purchaser of dollar in April; buys $566 millionn

[I]  Amid agri unrest, May retail inflation at another low of 2.18%

 

MARKETS (8:00 am)

[I]  SGX NIFTY Fut: 9644;  USDINR DGCX: 64.6150;  DJIA Mini: 21207;  FTSE 100 Fut: 7540;  NIKKEI 225 Fut: 19901;  EUR-USD: 1.1198; Crude Oil (WTI): 46.26;  Gold (Spot): 1267

 

Best Regards, ARBIND

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