MACRO ECONOMIC NEWS

WONDERFUL WISHES FOR WOMEN’S DAY - YOU ARE UNIQUE TO THE UNIVERSE

Macro Economic News 08 Mar 2018                                 

 

The U.S. may exempt some countries from planned tariffs on steel and aluminum imports. The Bank of Japan is set to keep its massive monetary stimulus unchanged for the foreseeable future. With the euro having snapped a three-month rally in February, the European Central Bank may not allude to currency strength when it meets Thursday. The central bank’s Beige Book economic report showed that the nation’s “modest to moderate” expansion was spreading the benefits of higher pay more widely along with evidence that a pickup in inflation was more broadly based.

 

FINANCIAL TIMES

[I]  European stocks send early warning signal on growth

[I]  Economy and defence top agenda for Saudi crown prince’s UK visit

[I]  Gary Cohn’s departure leaves economic nationalists in the ascendant

[I]  US Steel plans to restart steelmaking operations in Illinois

[I]  Pacific countries seek new members for regional trade deal

[I]  EU rebuffs UK vision for post-Brexit trade

[I]  China searches for point person to manage relationship with Trump

[I]  Beijing puts foot on accelerator for bank lending

 

REUTERS

[I]  India, with eye on China ties, bans Tibetans from holding New Delhi rally

[I]  Asian giants China and India flex muscles over tiny Maldives

[I]  India approves plan to stop farmers burning crop residues

[I]  UK's May defends Saudi ties as crown prince gets royal welcome in London

[I]  U.S. manufacturers touted by Trump count the costs of his tariffs

[I]  EU snubs Britain's post-Brexit trade demands, offers banks no special deal

[I]  U.S. trade deficit races to more than nine-year high

[I]  U.S. may lose up to 150,000 jobs from trade tension - economist

 

BLOOMBERG 

[I]  Women Are Hard to Find at Top Echelons of Global Central Banks

[I]  Draghi Stares at Trade War Abyss as ECB Ponders Stimulus Outlook

[I]  Any Trade War Is Going to Be Tactical

[I]  White House Defends Tariffs That Some Nations May Still Escape

[I]  Japan’s GDP Growth Tops Forecasts on Investment, Inventories

[I]  EU Raises Stakes for Trump by Aiming Levies at GOP Heartland

[I]  Banks Reject Fears That Sweden May Run Out of Cash

[I]  China Gets Closer to Game-Changing Property Tax

[I]  Trump Is the Biggest Risk Facing Asian Stocks: Fund Managers

[I]  Hong Kong’s Central Bank Looks Likely to Tighten Liquidity

[I]  India Sugar Exports May Climb to Four-Year High on Record Output

 

BUSINESS LINE

[I]  Govt package to breathe new life into telecom cos

[I]  Dissecting NPAs

[I]  Economic gender gap will take 217 years to close: WEF report

[I]  Ministers from key nations may skip Delhi ‘WTO meet’

[I]  DA hike for Central govt employees okayed

[I]  ‘Cultural bias, lack of access to finance are key hurdles for Indian business women’

[I]  Humour is good at the workplace

[I]  Sugar output for 2017-18 seen at record 29.5 mt: ISMA

[I]  Vigilance against fraud shouldn’t hurt legitimate borrowers

[I]  UDAN wings for regional links

[I]  Business, aviation sector feels GST drag

 

ECONOMIC TIMES

[I]  IMF chief warns trade war will harm global growth

[I]  How to turn capital guzzler PSU banks into capital contributors

[I]  How currency investors are bracing for a full-blown trade war

[I]  Hello India, why are you all turning away global bond buyers?

[I]  Telecom sector needs over 47 lakh more workers by 2022: Sinha

[I]  PE investments decline 60% in Feb with no mega deals: Report

[I]  Population of wealthy Indians to grow 71% by 2022: Report

[I]  ILO projects unemployment rate at 3.5% in 2018: Government

[I]  Watch: India makes fresh pitch for rating upgrade with Fitch

[I]  More dynamic supervision needed for banks: Niti Aayog

[I]  Economy bottomed out, on the rise again: Niti Aayog

 

BUSINESS STANDARD

[I]  UP opens agro market worth Rs 600 billion for private investment

[I]  Bankrupt MSME promoters may be allowed to bid for their companies

[I]  The treadmill of business frauds: From 1957 LIC scandal to PNB scam

[I]  Don't waste the bank scam crisis

[I]  ETF assets surge four-fold in 2 years on steady inflow from EPFO

[I]  CBSE shall not make Aadhaar mandatory for NEET, other all India exams: SC

[I]  Shouldn't you be paid for your data?

 

MARKETS (07:00 am) 

[I]  SGX NIFTY Fut: 10214;  USDINR DGCX: 65.1075;  DJIA Mini: 24822;  FTSE 100 Fut: 7155;  NIKKEI 225 Fut: 21437;  EUR-USD: 1.2399; Crude Oil (WTI): 61.38;  Gold (Spot): 1327          

Best Regards, ARBIND

08 Mar 2018