Saturday 21 January 2017

Macro Economic News 21 Jan 2017

 


[I]  UK pursues more groups over bribery after Rolls

[I]  Trump’s inaugural show rolls in to a divided America

[I]  America’s divisions on vivid display on streets of capital

[I]  May to emphasise value of EU and Nato to Trump

[I]  President Trump’s speech puts the world on notice

[I]  Bankers prepare for eurozone break-up risk

[I]  China GDP hits 2016 target as Trump headwinds loom

[I]  WTO signals backing for border taxes

 


[I]  Trump Opens Presidency With Pledge to Clean Up `American Carnage’

[I]  Trump’s Tough Talk Further Rattles World Capitals on Day One

[I]  Investors Seek Safe Havens in Treasuries, Gold as Fiery Trump Sworn In

[I]  China Ends Year of Stabilization on High as Consumers Spend

[I]  Indian Travel Boom Is Sending Tourists Home With Superbugs

[I]  There's an Unexplained $9 Billion Gap in India's Cash Supply

[I]  Trump China Trash Talk Risks Collateral Damage to Global Economy

[I]  Japan’s Abe Wants to Strengthen ‘Unshakable’ Ties With U.S.

[I]  Indonesia, Malaysia Hold Rates as Fed Fuels Currency Decline

 


[I]  India to hardsell role of desi firms to Trump

[I]  FinMin agencies find no counterfeit notes in post-demonetisation search operations

[I]  UK’s immigration policy puts many Indians on edge

[I]  IT industry adopts ‘wait-and-watch’ approach

[I]  Asset quality concerns persist; weak core earnings worrisome

[I]  Hopes on exclusive tax exemptions for life, health cover

[I]  Jaitley has more ammo left for banking reforms

[I]  System not yet ready for cashless economy, RBI Governor tells PAC

[I]  Rabi sowing picks up pace; rice, coarse cereals, oilseeds still lag

 


[I]  Investors worried: Gaar may spoil tax treaty benefit for FPIs

[I]  Enhance tax benefits for investments, offer separate window for pension plan

[I]  Global green bond issuance could rise to $206 billion in 2017 after record in 2016

[I]  RBI says doesn't know exact number of scrapped notes

[I]  Forex reserves up $687.9 million to $359.842 billion

[I]  Finance Ministry asks departments to avoid spending rush in March quarter

[I]  Japan threatens India with WTO on steel as Trump era heralds rising trade tensions

[I]  Need to further speed up decision making to beat China: Nitin Gadkari

[I]  Currency situation to normalise soon: RBI governor Urjit Patel

[I]  President Pranab Mukherjee okays change in rules for rail budget merger

 


[I]  Rabi sowing nears end with higher area compared to drought year

[I]  Govt bars cooperative banks from accepting deposits under PMGKY

[I]  SBI Research sees 70% money supply normalisation by Feb-end

[I]  In multi-polar world, India scores low on influence: Report

 

Best Regards, ARBIND

Link to News on http://ECO.arbind.in/
Posted by at No comments:

Friday 20 January 2017

Macro Economic News 20 Jan 2017

 


[I]  Russia’s Mideast ambitions grow with Syria success

[I]  Trump team rejects claims of being unprepared

[I]  Trump team backs China semiconductor crackdown call

[I]  US bankers hatch two-stage Brexit plan for City

[I]  BIS accused of pushing staff to back view on rates

[I]  Trump’s unpredictability on foreign policy keeps world guessing

[I]  ECB holds steady on rates amid inflation dilemma

[I]  Theresa May vows UK will not withdraw from global role after Brexit

[I]  Atlantic era under threat with Trump in office

[I]  S Korea scandal fuels hopes of corporate reform

[I]  China’s shadow finance industry takes up the slack

 


[I]  Soros Says Markets to Slump With Trump, EU Faces Disintegration

[I]  Times Have Changed Since U.S. Last Named China a Currency Manipulator

[I]  Bankers in Davos See Trump Making Wall Street Great Again

[I]  There's an Unexplained $9 Billion Gap in India's Cash Supply

[I]  A Default Storm Is Brewing Over China Junk Bonds

[I]  Abe Seeks to Give Japan's Temporary Workers a Lift

[I]  Malaysia Keeps Benchmark Rate on Hold as Currency Faces Pressure

 


[I]  States log on to country’s start-up revolution

[I]  Office rentals to peak on demand surge across top cities

[I]  Peeved EU delays talks on FTA with India

[I]  Centre to get more money from National Small Savings Fund

[I]  Cyber attacks are increasing faster than in other countries: F-Secure

[I]  Banks should be given sops for NPA provisions

[I]  SEBI amends commodity norms to allow options

 


[I]  Cyber fraud scaring investors away from India

[I]  Backlash against global integration in industrial world a major concern: Larry Summers, Harvard University

[I]  Green Revolution architect sounds alarm on India’s food security

[I]  Government rules out lowering sugar import tax for now: Reports

[I]  Cover drive! Rs 2-lakh insurance cover for 3 years for Jan Dhan account holders on cards

[I]  Universal basic income scheme gaining currency

[I]  Corporate loan repayment rises 11.5% in April-September 2016: SBI report

[I]  India Innovation Index to measure performance of Indian states

[I]  Govt to take steps to boost private investment in roads, shipping

[I]  15-20% consumption expenditure will become digital in 1 year: Nandan Nilekani

[I]  Niti Aayog to soon come out with draft bill on medical regulator

 


[I]  Aadhaar may be must for filing tax returns

[I]  Companies Act relaxations for GIFT City

[I]  India as solar bright spot helps fill slowdown

[I]  Credit growth slows after note ban

[I]  10% cut in trade cost can spark extra $5.5 bn: Study

 

MARKETS (7.00am)

[I]  SGX NIFTY Fut: 8416;  USDINR DGCX: 68.2025;  DJIA Mini Fut: 19680;  FTSE 100 Fut: 7147;  NIKKEI 225 Fut: 19092;  EUR-USD: 1.0673; Crude Oil (WTI): 51.55;  Gold (Spot): 1207

 

Best Regards, ARBIND

Link to News on http://ECO.arbind.in/
Posted by at No comments:

Thursday 19 January 2017

Macro Economic News 19 Jan 2017

 


[I]  Davos business leaders give Trump a wary embrace

[I]  Ross escalates Trump trade criticism against Beijing

[I]  Red lines, battle lines and the fights that will shape Brexit outcome

[I]  UK ministers warn EU against ‘punitive’ Brexit deal

[I]  Global temperatures break record again in 2016

[I]  Fed prepares ground to cut back $4.5tn balance sheet

[I]  Fiscal boost for global economy will be elusive

[I]  China housing boom ends as prices fall in top cities

[I]  Inflation dilemma threatens ECB’s ‘boring’ 2017

[I]  RBI independence questioned in India’s cash chaos

[I]  ECB bond buying slide raises taper questions

 


[I]  Hong Kong Property Tax May Help End Singapore's Housing Slump

[I]  Risk-On Stance Greets Asia After Yellen Remarks: Markets Wrap

[I]  Yellen Says Economy Near Goals Warrants Gradual Rate Hikes

[I]  OPEC Seeks to Quiet Doubts on Supply Cuts as Oil Rally Falters

 


[I]  Cabinet panel okays listing of State-owned general insurers

[I]  Note ban will hurt growth: Patel to panel

[I]  RBI not verifying all withdrawn notes in currency chests

[I]  Rise in 0-balance Jan Dhan accounts is puzzling

[I]  Slowing US growth, Brexit hit IT spending

[I]  Facing global headwinds, IT industry wants govt support on home turf

[I]  India to grow at 7.7% riding on strong consumption: UN

[I]  Digital India: Need for lesser regulation, better implementation

[I]  Big PE players queue up to list REIT portfolios

 


[I]  RBI, please do something fast to salvage some of your reputation

[I]  India's sugar production till mid-Jan down by 6 per cent: ISMA

[I]  WEF 2017: India 'very friendly' place to invest amid uncertainties

[I]  House panel criticises RBI governor for inability to answer demonetisation questions

[I]  Cabinet approves trade pact talks with Peru

[I]  Domestic demand, exports to help Indian companies: S&P

[I]  Optimism reigns in India as CEOs, consumers look beyond China

[I]  Government approves listing of general insurers, fast tracking disinvestment

[I]  Cabinet clears alternative mechanism for PSU sale modalities

 


[I]  GST Council plans three-rate service tax structure

[I]  RBI replaces 60% of demonetised notes

[I]  Mumbai among top four most expensive cities worldwide

[I]  IT, pharma companies dominate business travel spending in India in 2015

[I]  Too many vegetables, too little money: Prices crash after note ban

[I]  Govt to give Rs 10,000-cr incentive to electronic manufacturers

[I]  Aadhaar-based payments system likely by month-end

[I]  Global tax-avoidance rules may override Indian treaties

 

MARKETS (7.20am)

[I]  SGX NIFTY Fut: 8428;  USDINR DGCX: 68.2350;  DJIA Mini Fut: 19740;  FTSE 100 Fut: 7195;  NIKKEI 225 Fut: 19100;  EUR-USD: 1.0623; Crude Oil (WTI): 51.49;  Gold (Spot): 1199

 

Best Regards, ARBIND

Link to News on http://ECO.arbind.in/
Posted by at No comments:

Wednesday 18 January 2017

Macro Economic News 18 Jan 2017

 


[I]  Trump team questions the almighty dollar

[I]  May warns UK will walk away from ‘bad deal’

[I]  Theresa May to lay out clean break from EU

[I]  Theresa May puts Brexit vision in sharp focus

[I]  Russia’s economy minister puts focus on markets

[I]  Donald Trump is committed to globalisation, Davos told

[I]  How finance is being taken over by tech

[I]  Money managers’ optimism over global growth rises

[I]  Pound’s rally does not bolster its foundations

 


[I]  Hong Kong and Mumbai Have the World's Most Unaffordable Housing

[I]  politics: These Are the Biggest Global Risks for 2017

[I]  China's Oil Collapse Is Unintentionally Helping OPEC

[I]  These Are the World's Most Innovative Economies (South Korea etc)

[I]  Cash Is King for Diamond Market Reeling From India’s Money War

[I]  China's Xi Defends Globalization at World Economic Forum

[I]  China Spawns New Debt Market to Ease Burden on Local Governments

[I]  China's Found a New Way to Pump Record Credit Without the Side Effects

[I]  Don't Get Too Excited About China's Commodity Reflation

 


[I]  Jharkhand’s default raises questions over UDAY impact

[I]  RBI has no idea how much it cost to print the new notes

[I]  BHIM may expose you to data theft

[I]  CBDT holds circular on indirect tax provisions

[I]  Hospital margins on stents are as high as 654%

[I]  Chugging cautiously towards privatisation

[I]  M-wallet companies look to forge partnerships with insurance firms

[I]  Domestic airlines fly 24% more passengers in Dec

 


[I]  Kolkata has become capital of tax avoidance through stock market: U K Sinha

[I]  Government warns sugar industry against fluctuating prices

[I]  India's 2017 grape exports to Europe and China set to increase by 15% to 20%

[I]  India's rough diamond imports drop 4.7 percent YoY in Dec: Trade body

[I]  Indian economy projected to grow by 7.7% in FY 2017: UN report

[I]  Continue plans to reduce public debt, deficit: IMF

[I]  India among top six promising markets, but slips one notch

[I]  $11-billion FPI outflow was due to demonetisation: Sebi

[I]  Budget 2017: Government planning national social security system for poor, unemployed

 


[I]  Aadhaar app set to change the game for e-payments

[I]  Tax breather for foreign investors

[I]  Lack of accounting clarity comes in way of wallet use by railways

[I]  Rule change gives miners route to bypass auction

[I]  IMF numbers add to Davos chill

[I]  Gains of globalisation at risk, warns PM

[I]  Irdai's protection to a few reinsurers riles industry

[I]  Oil price rises on weaker dollar, Saudi commitment to cut output

[I]  Centre may announce a higher stake sale target in FY18

 

MARKETS (6.45am)

[I]  SGX NIFTY Fut: 8401;  USDINR DGCX: 68.0050;  DJIA Mini Fut: 19746;  FTSE 100 Fut: 7151;  NIKKEI 225 Fut: 18655;  EUR-USD: 1.0701; Crude Oil (WTI): 52.51;  Gold (Spot): 1217

 

Best Regards, ARBIND
Link to News on http://ECO.arbind.in/
Posted by at No comments:
Subscribe to: Posts (Atom)