MACRO ECONOMIC NEWS

WISHING THIS WEEKEND YOU REDEEM, REGENERATE AND RECONCILE WITH YOURSELF

Macro Economic News 24 Feb 2018

 

The coming week major economies would release Brazil, India, Canada, Hong Kong and the US would release its quarterly GDP data which along with PMI data will setup the tone of monetary policies for growth, labour market and inflation. Central bankers saying, it still sees equity prices as elevated despite the market selloff in early February, but also noted that overall vulnerabilities in the financial system remain moderate on balance. While worker wages have increased, the Central Bank remains unconvinced that long-term inflation is about to damage the economy. Yes, incoming inflation data has been picking up, though it remains below annual target.

 

FINANCIAL TIMES

[I]  Hate speech, atrocities and fake news: the crisis in Myanmar

[I]  Chinese football tax ends world-beating transfer boom

[I]  US regulators block China semiconductor deal

[I]  Fed plays down worries of US labour shortages

[I]  Merkel plan to link EU money to migration policy hits opposition

[I]  China conglomerates suffer different fates in Beijing crackdown

[I]  Britain’s universities are assets, not a problem to be solved

 

REUTERS

[I]  RBI instructs banks to link core systems with SWIFT

[I]  U.N. Security Council delays vote on Syria ceasefire resolution

[I]  Indian exchanges cut ties to foreign bourses after government nod - sources

[I]  With rates low, Fed officials fret over next U.S. recession

[I]  China's January property prices rise 5 percent year-on-year: statistics bureau

[I]  U.S. to discuss trade disputes with China economic official next week

[I]  U.S. tells India to cut import tariffs as trade friction heats up

[I]  With rates low, Fed officials fret over next U.S. recession

[I]  Global Economy: Central bank tap-turning risks parching the recovery

 

BLOOMBERG 

[I]  Europe to Wind Down Latvian Bank Targeted by U.S. Over Sanctions

[I]  China Home Prices Rise in Fewer Cities as Cooling Measures Bite

[I]  New Jersey's Highest-in-the-U.S. Property Taxes Are Rising Again

[I]  Canada Inflation Stronger Than Expected as Price Pressures Grow

[I]  Japan May Not Dominate the Olympics, But in ETFs It Takes Gold

[I]  The Best Ways to Hedge the Risk of an Italian Election Upset

[I]  What Stock Slump? Central Bankers Eyeing Tighter Monetary Policy

 

BUSINESS LINE

[I]  US toughens H-1B visa programme; new policy may hurt Indian IT firms

[I]  Nasscom asks IT firms to login on re-skilling platform

[I]  Online marketplace for spot selling of sugar launched

[I]  India invites Saudi Arabia to invest in oil, gas sector

[I]  Does the govt have a vested interest in owning banks?

[I]  Private labels pushing e-commerce firms to profitability

[I]  ‘Privatisation of banking system ideal for the modern economy’

 

ECONOMIC TIMES

[I]  Forex reserves up by $1.96 billion to $421.72 billion

[I]  Bank fraud adds to rupee's woes as lenders may curb trade credit

[I]  Will India let foreigners buy more bonds?

[I]  Global entrepreneurs and thought leaders on taking India to a $10T economy by 2030

[I]  Negotiators asked to redouble efforts to finalise India-Canada eco pact: Narendra Modi

[I]  India-Canada trade likely to double in three years: PHD Chamber of Commerce

[I]  India-US trade feud reaches critical turn, casts shadow on newfound bonhomie

[I]  Cabbies,CAs, doctors, lawyers, delivery persons may be added to government job data

[I]  For sustainable economic recovery, India must use behavioural metrics that promote productivity

[I]  These factors will put India on the road to faster growth

[I]  Five reforms PM Narendra Modi can consider

 

BUSINESS STANDARD

[I]  Cash with public at 98% of pre-note ban levels, says RBI

[I]  GST has not affected prices, but increased compliance: KPMG survey

[I]  RBI announces ombudsman scheme to address complaints against NBFCs

[I]  The art of buying: How has market fared over the past year?

[I]  EPFO's investment in corporate debt to reduce to 20%

 

Best Regards, ARBIND

24 Feb 2018