MACRO ECONOMIC NEWS

HAPPY WEEK AHEAD. WORLD SEES US BETTER THAN WHAT WE THINK WE ARE.

Macro Economic News 19 Mar 2018

 

Future uncertainty of U.S.-China economic dialogue, FED chair Jerome Powell’s first FOMC meeting, China’s appointment of new PBOC governor for 15 year term, Japan trade and flow of funds data, Reserve Bank of Australia meeting minutes, rate decisions for the U.K., New Zealand, Indonesia and the Philippines, Australia's employment data and CPI from Japan and Singapore would be the key directionality of macro economy and capital market over this week

 

FINANCIAL TIMES

[I]  Latvia vows to crack down on unscrupulous banking

[I]  Fed tightening drives one-year yields to crisis-era levels

[I]  Moscow thanks UK for helping Putin win landslide vote in Russia

[I]  How digital footprints paved way to weaponising social media

[I]  France hails progress on plans to strengthen eurozone

[I]  Fed eyes lift in pace of rate rises at first Powell meeting

[I]  Economic worries preoccupy Egyptian voters

 

REUTERS

[I]  Putin easily wins another six-year term, firms grip on Russia

[I]  Britain accuses Russia of secretly stockpiling deadly nerve agent used in attack

[I]  Turkish forces and Syrian allies drive Kurds from Afrin

[I]  BOJ members say bank should stick with QE, worried about yen

[I]  Ten years after crash, Americans still have not fallen back in love with stocks

[I]  G20 watchdog focuses on rules review, holds fire on cryptocurrencies

[I]  U.S. tariffs, China trade tensions overshadow G20 finance meeting

[I]  Three ECB policymakers optimistic on inflation despite disappointment

[I]  Investors eye currencies for those most at risk in a trade war

[I]  Australia, Southeast Asian summit ends with rebukes against trade protectionism

[I]  Germany warns U.S. against trying to divide EU on trade

[I]  New German finance ministry pushes free trade at G20 meeting

[I]  China a rising G20 concern, currencies stable - U.S. Treasury's Malpass

 

BLOOMBERG 

[I]  Japan's Exports Expand for 15th Month Despite Holidays in Asia

[I]  Support for Japan's Abe Plummets to Record Low in Two Polls

[I]  U.K. Wants Brexit Transition Locked in at Key Summit This Week

[I]  U.K. Should Consider Extending Brexit Talks, Commons Panel Says

[I]  Brace Yourself, It’s Going to Be a Busy Week in the World Economy

[I]  "Huge" Trade Deficits Are Smaller Than You Think

[I]  Russia Is This Week’s Emerging-Market Focus as the G-20 Meets on Trade

[I]  Citigroup Wants More Senior Women at Its Markets Unit in Asia

[I]  Economists Are Split on Whether Singapore’s Central Bank Is About to Tighten

 

BUSINESS LINE

[I]  Migrating to the US as an investor may get dearer

[I]  Debt MFs pare exposure to G-Secs as yields shoot up

[I]  Steel prices may firm up by 6-10%, bridge the discount

[I]  Pakistan not to attend WTO meet starting today

[I]  Board meetings: Companies have to provide video conferencing facility on directors’ request

[I]  Fresh thundershowers break out over South

 

ECONOMIC TIMES

[I]  What I read this week: It's time we give RBI more powers to regulate PSBs

[I]  ET’s weekly roundup of the wackiest whispers and murmurs

[I]  Cos, investors to face higher tax post SC interest ruling

[I]  The days of across-the-board massive salary increments are over

[I]  View: How India can play the role of consensus builder at the high table of global trade

[I]  WTO ministerial: 50 nations to take up global trade issues

[I]  E-wallet will address GST refund issue of exporters: Suresh Prabhu

[I]  23,000 dollar-millionaires have left India since 2014

[I]  Only 16% of initial GST returns filed for July-Dec matched with final returns

 

BUSINESS STANDARD

[I]  Insolvency and Bankruptcy Code: The trouble with resolution professionals

[I]  Board games: Holistic overhaul is required to protect independent directors

[I]  IBC amendment: Language may hold the key to who can bid

[I]  OTT firms to widen range of original, regional content to grab eyeballs

[I]  Home health care companies gear up to meet personnel crunch

[I]  How distribution challenges make it harder for regional cinema to bloom

[I]  Economic upturn aiding markets, but no shortage of risks: Lambregts, Erken

[I]  Economy should be top agenda for Saarc countries, say leaders

[I]  Only 5% of adult Indians establish own business, says survey

[I]  Odisha to cancel land allotment of defaulting exporters at seafood park

[I]  Employees want simple access to cloud applications as consumers: Study

[I]  From agricultural debts to service tax, here are the key court orders

[I]  63% of students believe that India is ready to become global fintech hub

 

MARKETS (07:15 am) 

[I]  SGX NIFTY Fut: 10201;  USDINR DGCX: 65.1550;  DJIA Mini: 24883;  FTSE 100 Fut:  7135;  NIKKEI 225 Fut: 21394;  EUR-USD: 1.2266; Crude Oil (WTI): 62.03;  Gold (Spot): 1312

Best Regards, ARBIND

19 Mar 2018