MACRO ECONOMIC NEWS

Macro Economic News 06 Nov 2017

 

FINANCIAL TIMES

[I]  China launches ‘magical’ island-building ship on eve of Trump visit

[I]  Mifid II shake-up in finance triggers surge in ads for staff

[I]  Record bets against coffee raise volatility risk 

[I]  Republican grumblings hover over US tax reform

[I]  Saudi Arabia’s young prince tightens grip with lightning crackdown

[I]  Saudi anti-corruption purge triggers investor uncertainty

[I]  China considers launch of carbon trading scheme

[I]  Revoke the Brexit blueprint, not the decision to leave

 

REUTERS

[I]  India may announce tax relief for traders next week

[I]  Bank of Japan closely watching impact of easy policy on bank profits: Kuroda

[I]  Trump says to push Japan for more 'reciprocal' trade, in a friendly way

[I]  Bank of Japan September meeting minutes: Members debated benefits of YCC

[I]  Yellen's bequest: A healthy economy but questions over future policy for Fed

[I]  Bank of England's Carney sees slower growth without Brexit deal

[I]  India services activity rises in October on higher demand

[I]  U.S. job growth picks up; flat wages raise consumer spending worries

[I]  UK economy holds steady but outlook remains weak: CBI

 

BLOOMBERG 

[I]  Trump Complains of Unfair Trade With Japan, Defends TPP Pullout

[I]  Odd Lots: History Has a Warning for Investors in Initial Coin Offerings

[I]  Theresa May's Political Nightmare Just Keeps Getting Worse

[I]  Trade and Currency Disputes Are Backdrop for Trump’s Meeting With Abe

[I]  Here’s a Juicy Tax Break. Now, How to Keep Everybody From Claiming It?

[I]  Crackdown on Billionaires and Top Officials Shakes Up Saudi Arabia

[I]  China Has Upper Hand, While U.S. Is Hobbled by Trump

[I]  OPEC Is Already Thinking About $70 Oil

[I]  RBA's Lowe May Have to Ignore Weak Inflation, But Not Just Yet

[I]  PBOC's Zhou Warns of Financial Risks

[I]  PBOC Offers 404 Billion Yuan Loans in Move Seen Steadying Market

 

BUSINESS LINE

[I]  Spike in retail MF investments thru distributor route

[I]  ‘FinMin must ensure bank recap doesn’t put stress on the economy’

[I]  2.24 lakh firms de-registered for non-compliance

[I]  Review tariff barriers to position India as export hub: Hershey

[I]  More ease of compliance under GST likely

[I]  Easier credit to food processing industry can help farmers, says Goyal

[I]  ‘India’s food consumption to touch $ 1 trillion by 2025’

[I]  ‘GST Council to take further corrective steps if States don’t create trouble’

       

ECONOMIC TIMES

[I]  Biggest GST tweak on cards, less taxing times likely for India soon

[I]  India Inc raises over Rs 36,000 crore via QIP in April-September

[I]  India should aim for quantum jump in agro-processing: PiyushGoyal

[I]  India has to run fast to further improve ease of doing business ranking: World Bank CEO

[I]  Data shows Rs 17,000 crore deposited and withdrawn by 35,000 companies post demonetisation

[I]  Postmen to collate data on homes still without electricity

[I]  After note ban crackdown, Income Tax department should now focus on simplifying laws

 

BUSINESS STANDARD

[I]  Shell companies deposited, withdrew Rs 17,000 crore after demonetisation

[I]  Engineering and construction account for maximum cases under insolvency law

[I]  B2B and advanced technology start-ups on a growth path

[I]  North Mumbai will be the epicentre of realty, infra growth: Experts

[I]  Low commodity prices, note ban & GST hold back rural recovery: Report

[I]  Aadhaar-based attendance system for rail employees from January 31

[I]  Digital deals on UPI surge 77 times within a year of demonetisation

[I]  Govt elementary school enrolment dips

[I]  GST Council may remove some common-use items from 28% bracket

[I]  Govt to give grants to cities buying electric vehicles for mass transport

[I]  No new projects without completion of land acquisition

[I]  PSU banks may get Rs 70,000 cr via recap bonds in 4 months

 

MARKETS (07:45 am)

[I]  SGX NIFTY Fut: 10427;  USDINR DGCX: 64.8225;  DJIA Mini: 23440;  FTSE 100 Fut: 7580;  NIKKEI 225 Fut: 22576;  EUR-USD: 1.1615; Crude Oil (WTI): 55.82;  Gold (Spot): 1270

Best Regards, ARBIND

RSS Feed - http://feeds.feedburner.com/MacroEconomicNews