MACRO ECONOMIC NEWS

HUMAN IS NATURALLY BLESSED FOR CELEBRATING EVERY MOMENT. WISHING A WONDERFUL WEEKEND.

Macro Economic News 22 Sep 2018

 

The eurozone’s economy continued its slow-motion slowdown in September, as exports suffered from a drop off in global demand and uncertainty about future trade relations between the U.S. and other countries. Turkey’s economic crisis has heightened concerns in Egypt about whether the Arab world’s largest country is positioned to withstand falling confidence in emerging markets world-wide.

 

FINANCIAL TIMES

[I]  Defiant May throws down gauntlet to Brussels

[I]  US growth is shrugging off Donald Trump’s China tariffs

[I]  ‘Time for the good ol’ boys to step back’: Women, politics and the Supreme Court

[I]  Mixed fortunes for UK retail’s emerging brands

[I]  UK accountants: no plaudits for audit

[I]  Only human, after all: how evolution left us ill-equipped for modernity

 

REUTERS

[I]  Receding trade fears propel stocks to six-month peak

[I]  Zimbabwe's new finance minister says 'fiscal shock' needed for reform

[I]  Exclusive: OPEC and allies consider oil output boost as Iranian supply falls - source

[I]  Major powers, except U.S., try to keep Iran nuclear deal alive

[I]  Fashion world split over digital supermodels

[I]  India government likely to announce lower borrowing programme next week: sources

[I]  Fitch raises India's 2018/19 growth forecast to 7.8 percent: statement

[I]  Japan inflation ticks up but BOJ's target still out of reach

[I]  EU pushes October Brexit agreement, threatens no deal

 

BLOOMBERG 

[I]  Bulls Gain Conviction in Oil Rally as OPEC Ministers Gather

[I]  Once-Bitten Investors Stay Wary as Gold-Mining Stocks Get Cheap

[I]  May Tears Into EU and Demands Respect, Says Brexit at ‘Impasse’

[I]  May Dealt Brexit Setback as Article 50 Sent to EU Highest Court

[I]  Pound Slumps Most in 10 Months After May Sticks to Brexit Guns

[I]  No One Knows What to Call the Hottest Cryptocurrency

 

WALL STREET JOURNAL

[I]  Trade Tensions Spell Trouble for Eurozone Economy

[I]  Turkey’s Economic Woes Raise Tensions in Egypt

[I]  Swiss Paradox: Booming Economy, Negative Interest Rates

[I]  Real Time Economics: U.S. Stocks Hit Fresh High and Jobless Claims a Fresh Low

 

BUSINESS LINE

[I]  Owner-drivers mandated to get a minimum personal accident cover of Rs. 15 lakh

[I]  A golden harvest of sweetness and profit

[I]  Fitch raises India growth forecast to 7.8% this fiscal

[I]  May hits back at EU for rejecting her Brexit plan

[I]  Separate standards soon for frozen peas, beans, cauliflower and spinach: FSSAI

[I]  For efficiency, firms’ digital resources need as much supervision as people

[I]  ‘Artificial Intelligence can do away with workplace bias, ensure parity’

[I]  RBI announces norms for co-origination of priority sector loans by banks, NBFCs

 

ECONOMIC TIMES

[I]  Rs 5.66 lakh crore investor wealth wiped out in 4 days of market crash

[I]  CFOs’ salary jumps over 40% with rising demand for financial skill sets

[I]  Kharif acreage up 0.61% YoY to 1,057.81 lakh hectare

[I]  How India can become the manufacturing capital of the world

[I]  55,000 shell firms struck off in 2nd phase: Government

 

BUSINESS STANDARD

[I]  Sebi allows NRIs, resident Indians, OCIs to invest in India via FPI route

[I]  Why premium car dealers are seeing an unprecedented churn across cities

[I]  With greater variety and availability, biryani is the new delivery staple

[I]  Finance Ministry likely to issue advisory halting excess expenditure

[I]  CRISIL DRIP: As monsoon withdraws, deficiency up in kharif growing states

[I]  Fitch raises India's GDP forecast to 7.8% from 7.4% for FY19

[I]  Finance Ministry tells Sebi to frame a policy on recovery proceedings

[I]  NBFCs may run into choppy waters as market dries up, interest rates rise

[I]  India gets World Bank's support for transition to high-middle income nation

 

Best Regards, ARBIND

22 Sep 2018