Saturday, 18 February 2017

Macro Economic News 18 Feb 2017

 


[I]  French bond trading soars on fear of populist wave

[I]  Blair calls for fight against May’s Brexit plan

[I]  Early tumult raises questions over Trump’s agenda

[I]  Mattis and Tillerson reassure Europe on US policy

[I]  Spain’s family campaigners hit at long work hours

[I]  Arabs wary of Trump’s Middle East policy shift

[I]  EM funds draw biggest weekly inflows in 6 months

 


[I]  Australia May Seek Better Deal on Visas From Post-Brexit Britain

[I]  Student Debt in America Has Hit a New Record

[I]  Hedge Funds Are in Trouble, and Billions Is On It

[I]  Blair Urges Brexit Opponents to Rise Up and Fight to Stay in EU

[I]  Dog Walkers to Be More in Demand Than Teachers in Next Decade

[I]  South Korea’s Family-Run Conglomerates Are Under Pressure

[I]  India's Growth to Rebound After Cash-Ban, Patel Tells CNBC

 


[I]  Tax authorities begin follow-up action on Operation Clean Money

[I]  Land, gold are making way for financial assets

[I]  Use of local steel may be made compulsory for govt orders

[I]  DIPAM issues fresh norms to speed up listing of profitable PSUs

[I]  Govt may divert coal from thermal plants to steel industry: Goyal

[I]  Mineral production up 5.2% in Dec

[I]  Onion output seen dipping 6% in FY17

 


[I]  Sebi likely to allow mutual funds to trade in commodities soon

[I]  India's sugar deficit widens to 15% from 10% on January 31, says ISMA

[I]  Jharkhand attracts over Rs 3.1 lakh crore worth of investment

[I]  India's forex reserves slip slightly by $361 million

[I]  Market borrowings of state governments to rise 22% in FY2018: ICRA

[I]  Put pressure on India to promote free trade: Chinese media

[I]  50 CPSEs headed for listing, government to also cut stake in listed firms to 75%

[I]  Need to take care of stable macroeconomic parameters: Urjit Patel

[I]  RBI looking beyond headline inflation for policy moves: Urjit Patel

 


[I]  Urjit Patel: Growing thick skin important for work

[I]  Half of Indian IT workforce may become irrelevant in three years: McKinsey

[I]  Standards mulled for education export, tourism, health care

[I]  It's now Maharashtra's turn to usher in labour reforms

[I]  India looks at drones to power its armed forces

 

 

Best Regards, ARBIND

Link to News on http://ECO.arbind.in/
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Friday, 17 February 2017

Macro Economic News 17 Feb 2017

 


[I]  A million US consumers behind on car loan payments

[I]  Norway plans shake-up of $900bn oil fund

[I]  ECB’s stimulus regime turns a profit for taxpayers

[I]  Eurozone set to miss deadline for Greek deal

[I]  Economic reforms boost appetite for Egyptian pound

[I]  China Inc hits brakes on foreign property investment

[I]  Foreign retailers struggle to expand fast in India

 


[I]  Treasuries Fall After CPI, Pushing 2-Year Yield to New 2017 High

[I]  Rivals Singapore and Hong Kong Fight to Snag the Hottest IPOs

[I]  Wine Is the New Gold as Investors See End to Global Stock Rally

[I]  Warning Signs Are Flashing for Macau Casino Stocks - Again

[I]  The Days of Easy Money From Long Dollar Bets May Be Over

[I]  China's Record Global Buying Spree Wanes

[I]  China Reserves Falling Below $3 Trillion Won't Threaten Rating: S&P

[I]  Brexit Stings One of World's Poorest Nations

[I]  Weaker Japan Stocks Beg Question of Whether U.S. Rally Can Last

 


[I]  GST Council may discuss tax rate on gold at Udaipur meet

[I]  Jharkhand gets Rs. 1-lakh crore investment commitment on Day 1 of global meet

[I]  Thailand to India: speed up decision on free trade pact

[I]  Paytm Payments Bank to go live on February 21

[I]  India Ratings sees no uptick in corporate performance next fiscal

[I]  SEBI floats consultation paper on debenture trustees

 


[I]  Rural India sells household gold for cash

[I]  RBI allows multilateral agencies to invest in masala bonds

[I]  Companies rely on external board reviews to boost governance

[I]  Bengal tea belt may witness major unrest on workers wage issue

[I]  General insurance industry grows to Rs 1.03 lakh crore

[I]  Why all-India inflation is misleading to all of us

[I]  Jharkhand can grow 4-5 per cent above national average: FM Arun Jaitley

[I]  IT ministry to promote digital transactions; President nod to new rules

 


[I]  RBI proposes lower MDR from April 1 to keep digi-pay momentum

[I]  Leadership across globe are concerned about jobs: IBM's Ginni Rometty

[I]  Forex debt: India Inc faces a tough task

[I]  India and US in talks to set up F-16 jet factory, says Lockheed Martin

[I]  India to revive three passenger plane projects, looks to tap feeder routes

[I]  Global Investors' Summit: India Inc makes investment pledge in Jharkhand

[I]  Rise in non-oil, non-gold imports might not mean industrial demand revival

[I]  India's meat production rises 8.48% in July-October 2016-17

[I]  Record yield has pulses prices slide below MSP

 

MARKETS (7.40 am)

[I]  SGX NIFTY Fut: 8827;  USDINR DGCX: 67.1375;  DJIA Mini Fut: 20595;  FTSE 100 Fut: 7243;  NIKKEI 225 Fut: 19240;  EUR-USD: 1.0672; Crude Oil (WTI): 53.44;  Gold (Spot): 1238

 

Best Regards, ARBIND

Link to News on http://ECO.arbind.in/
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Thursday, 16 February 2017

Macro Economic News 16 Feb 2017

 


[I]  Trump levels dirty tricks charge against US intelligence

[I]  Trump shifts stance on Middle East two-state solution

[I]  Yellen in robust defence of proprietary trading ban

[I]  Congress struggles to deal with White House chaos

[I]  Iran calls for truce in Yemen

[I]  EM growth picks up sharply in January

[I]  China penalises 6.7m debtors with travel ban

[I]  European fintech deals hit 5-year high in 2016

[I]  Bank results spotlight India bad-loans problem

[I]  UK student loan sell-off comes with weak grades

 


[I]  China's Still the World's Factory, but Most of What It Makes Stays Home

[I]  Billionaire Critiques China, India; Tells Trump Haters to ‘Roll With It’

[I]  China's Casino Crackdown Infects Sydney

[I]  Aussie Unemployment Rate Falls Despite Full-Time Jobs Plunge

[I]  Americans Just Broke the Psychologists’ Stress Record

[I]  Boycott Culture Forces CEOs to Walk Tightrope in Trump Era

[I]  The Market May Be Guilty of Gambler's Fallacy on Fed Hikes

[I]  Yellen Sets High Hurdle for Reducing Fed's Massive Bond Holdings

[I]  Consumer Prices in U.S. Increase by Most Since February 2013

[I]  S.Korea Protests Against Media Report Suggesting FX Manipulation

[I]  India to Cut Bank Capital Infusion Target This Fiscal Year: Sources

 


[I]  Nasscom defers FY18 outlook to May on global, domestic haze

[I]  Sugar spike: Maharashtra mills want import duty nixed

[I]  Taxman to clamp down on charitable trusts

[I]  Fuel spike sends wholesale prices racing past CPI

[I]  Thailand to offer 13-year tax holiday to select hi-tech sectors

[I]  Exports rise for the fifth month in a row in Jan

[I]  2016 was only year zero for Virtual Reality

[I]  Tea exports slide 5% in 2016 on higher prices

[I]  Wheat procurement target set at 330 lakh tonnes for 2017-18

 


[I]  Govt to list all profit-making PSUs within 2-3 years

[I]  PE inflows in realty touch 9-year high at Rs 39,900 crore in 2016

[I]  Government sees record foodgrain output at 271.98 mt for 2016-17

[I]  WPI inflation to rise in next 3 months: Nomura

[I]  Trai forms joint panel to identify outdated regulations

[I]  I-T department to scrutinise tax relief claims by sick companies

[I]  Permitting taxmen to conduct raids without due process will be disastrous: Jay Panda

 


[I]  39% comply with I-T's online audit

[I]  Nasscom defers infotech growth forecast for FY18

[I]  Shareholder activism is result of drastic changes in IT: Malcolm Frank

[I]  Government raises rabi wheat procurement target by 10%

[I]  States' borrowings see a rise

[I]  Cabinet awards 31 oil blocks to 22 firms

[I]  Global aerospace firms use tie-ups to tap India market

[I]  Currency in surplus, ATMs being monitored daily: Arun Jaitley

[I]  Trade deficit narrows to $9.8 billion in January

 

MARKETS (7.15 am)

[I]  SGX NIFTY Fut: 8752;  USDINR DGCX: 66.9125;  DJIA Mini Fut: 20608;  FTSE 100 Fut: 7253;  NIKKEI 225 Fut: 19411;  EUR-USD: 1.0618; Crude Oil (WTI): 53.04;  Gold (Spot): 1236

 

Best Regards, ARBIND

Link to News on http://ECO.arbind.in/
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Wednesday, 15 February 2017

Macro Economic News 15 Feb 2017

 


[I]  Brexit tests French love affair with London tech

[I]  Greek economy suffers surprise fourth quarter contraction

[I]  Yellen warns of economic uncertainty under Trump

[I]  Italy considers €5bn bailout of regional banks

[I]  India air pollution deaths poised to exceed China’s

[I]  UK looks to tempt overseas companies to list in London

[I]  ‘Trump bump’ sparks birth of new banks

[I]  Swiss signals that cash may no longer be king

 


[I]  Hawkish Fed Talk Refuels Dollar Rally; March Rate Hike Odds Rise

[I]  China’s Hedge Fund Elite Live in Their Own Private Village

[I]  Trump Immigration Order Blocked by U.S. Judge in Virginia

[I]  OPEC’s Top Producer Is Turning to Wind and Solar Power

[I]  India Gets Ready to Blast 104 Satellites Into Space

[I]  Japan’s Economy Running on a Half-Empty Fuel Tank

[I]  China's Credit Surges to Record High

[I]  New Cities Joining China's Trillion Yuan Club Show Changing Economy

[I]  Asia Goes Back to the Future on Trade to Manage in Trump Times

[I]  China Will Dodge Financial Crisis, Reach High Income Status: Morgan Stanley

 


[I]  How Israel’s R&D thrust became an economy booster

[I]  Stent prices slashed by 85%; health group gives thumbs up

[I]  BFSI segment leads online recruitment activity

[I]  India Inc is finally talking about diversity in the workplace, says IRBF report

[I]  Oil prices fuel WPI inflation to 30-month high of 5.25% in Jan

[I]  UK easing entry norms for Commonwealth citizens could help improve India relations

[I]  RBI wants banks to create common pool of forensic audit firms

 


[I]  Bad banks may be the only answer to India's bad loans problem

[I]  Want to hold P-notes? Pay 7.5% tax

[I]  Don't give Opec full credit for oil market recovery, India had a role too

[I]  China's yuan weakens; money rates rise as central bank drains liquidity

[I]  Rain-boosting La Nina out, forecasters now fear El Nino

[I]  Agri research body comes out with record 310 new high-yield crop varieties

[I]  Government on the job for cleanup of NREG scheme

[I]  Finance ministry reels off statistics, says data call for rating upgrade

[I]  NDA government has not waived a paisa of any industrialist: Arun Jaitley

 


[I]  Trai shifts deadline for Net neutrality comments to March 15

[I]  An imported lift for WPI

[I]  Wholesale inflation at 30-month high in January on high commodity prices

[I]  FCNR-B deposit pool shrinks sharply in Q3 on redemption

[I]  Ban on ride-sharing is regressive: Karnataka IT minister

[I]  Fighter makers must transfer tech to local firm to bid for Indian contract

[I]  Oil rises as Opec output cuts trim oversupply

 

MARKETS (7.30 am)

[I]  SGX NIFTY Fut: 8821;  USDINR DGCX: 66.9575;  DJIA Mini Fut: 20477;  FTSE 100 Fut: 7227;  NIKKEI 225 Fut: 19453;  EUR-USD: 1.0576; Crude Oil (WTI): 53.00;  Gold (Spot): 1226

 

Best Regards, ARBIND

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