MACRO ECONOMIC NEWS

Macro Economic News 15 Jun 2017

 

FINANCIAL TIMES

[I]  Death toll in London tower blaze up to at least 12

[I]  Fed raises rates for second time in 2017

[I]  Eurozone employment finally passes pre-crisis peak

[I]  IMF boosts China GDP growth forecast to 6.7%

[I]  Recovering eurozone urged to correct flaws

[I]  Egypt parliament approves giving islands to Saudi Arabia

[I]  Insurers scent rich rewards from pet owners

 

BLOOMBERG 

[I]  Rio De Janeiro Olympics Cost $13.1 Billion

[I]  One in 10 New U.K. Jobs Now in Tech, Study Shows

[I]  Greece Seeks Credible Debt Deal in Push for Crisis Drama Finale

[I]  New Zealand Economy Grew Less Than Forecast in First Quarter

[I]  Fed Raises Rates, Maintains Forecast for One More Hike

[I]  Oil Tumbles to Lowest Since November as Gasoline Supplies Surge

[I]  Yellen Doubles Down on Bet Hot Job Market Stokes Inflation

[I]  China’s Smaller Cities Seen Fueling a $9.7 Trillion Consumer Market

[I]  Trump Wants to Hide Your Complaints About Wall Street

[I]  U.S. Pension Giant Eyes Japan Property in Economic 'Sweet Spot'

 

BUSINESS LINE

[I]  Ahead of rollout, producers & traders feel taxed

[I]  Insolvency framework soon for banks, insurers

[I]  Why mid-rung IT staff must get cracking at code

[I]  What helped retail inflation to ease in May 2017 to its lowest

[I]  Petrol, diesel price will be revised at 6 a.m. every day from Friday

[I]  Centre extends interest subsidy on farm loans

[I]  Uncertainty looms as GST roll-out just a fortnight away

[I]  ‘Mobile data traffic to reach 11 GB per month by 2022’

[I]  Stressed steel sector loans easier to resolve: bankers

 

ECONOMIC TIMES

[I]  Private players to boost govt’s housing scheme

[I]  View: Bitcoin, the new hawala

[I]  Fed unveils plan to trim $4.5 trillion balance sheet: 5 takeaways

[I]  Government must look at policy options that go beyond loan write-offs to address farmers' woes

[I]  Deterioration in credit discipline more detrimental to MFIs than rural focussed NBFCs

[I]  In a first, India to put dedicated cell to promote Russian investments

[I]  Wholesale inflation cools to 5-month low of 2.17 per cent

[I]  As India ages, over 61% of elderly will have no income security by 2050

[I]  India, South Korea sign $10 billion funding agreement for infra projects

[I]  Looking beyond inflation-fighting for setting policy rates

[I]  MPC's action sets stage for another saga of government-RBI duel

 

BUSINESS STANDARD

[I]  12 defaulters identified by RBI to be named soon, says Finance Ministry

[I]  Bankers brace for delays, legal battles over RBI action on defaulters

[I]  Debt rising but profit diving for many large firms

[I]  Aadhaar-based businesses catch the eye of impact investors

[I]  Worst over, funding crunch eases for start-ups

[I]  India likely to have 520 million 4G subscribers by 2022: Ericsson

[I]  Stressed firms race to sell assets

[I]  Six Indian cities in top 10 realty investment spots in Asia-Pacific

[I]  India, South Korea agree to more investments, fight protectionism

[I]  Virtual reality can conquer real pain

 

MARKETS (7:10 am)

[I]  SGX NIFTY Fut: 9601;  USDINR DGCX: 64.2300;  DJIA Mini: 21297;  FTSE 100 Fut: 7470;  NIKKEI 225 Fut: 19853;  EUR-USD: 1.1227; Crude Oil (WTI): 44.64;  Gold (Spot): 1266

 

Best Regards, ARBIND

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