MACRO ECONOMIC NEWS

WISH THIS REPUBLIC DAY EMPOWERS US TO A STATE OF SUPREME POWER. HAPPY REPUBLIC DAY.

Macro Economic News 26 Jan 2019

 

Federal Reserve officials are close to deciding they will maintain a larger portfolio of Treasury securities, putting an end to its portfolio wind-down closer into sight. Reports on gross domestic product, consumer spending, housing and trade -- among the ones postponed or that are still likely to be delayed -- may start trickling in, as the Commerce Department restarts the process of collecting, analyzing and releasing the figures over the next month or so, based on what happened following previous shutdowns. A similar flow of data can be expected from the Agriculture and Treasury departments, and the Commodity Futures Trading Commission. While that challenge may ease in coming weeks, the full resumption of economic reports still won’t come in time for the meeting next week of Federal Reserve policy makers, who have increasingly emphasized their data dependence as they feel their way toward a peak in the rate-hiking cycle.

 

FINANCIAL TIMES

[I]  Reversal of fortune for Scotland’s independence champion

[I]  UK government’s priorities fail homeschooled children

[I]  Brexit is about sovereignty and parliament must respect that

[I]  The dark age of surveillance capitalism

[I]  Governments won’t fund sustainable development. Will private finance step in?

[I]  Living in the shadow of a tax scandal 

[I]  ‘Brexit discount’ on London property fails to tempt US buyers

 

REUTERS

[I]  Global Economy: Central bank policy tightening: damned if they do, damned if they don't

[I]  Backing down, Trump agrees to end shutdown without border wall money

[I]  Pope condemns 'senseless' stigmatizing of migrants

[I]  Consumer confidence in focus as shutdown fears fade

[I]  China and U.S. among 76 WTO members pushing for new e-commerce rules

 

BLOOMBERG 

[I]  The American Brain Drain

[I]  U.S. Stocks in No-Man's Land After the First Sideways Week of 2019

[I]  Farmers and Traders Are Eager for Data as Government Reopens

[I]  Junk Bond Issuers Get in Now, While the Going's Still Good

[I]  ECB Can Sound More Confident in Economy by Cutting Its Forecasts

[I]  Shutdown Dents Consumer Sentiment for Some Republicans in Poll

 

WALL STREET JOURNAL

[I]  Fed Mulls End of Portfolio Drawdown

[I]  Congress Passes Short-Term Measure to Reopen Government With No Wall Funds

[I]  Los Angeles and Other Cities Stash Money to Prepare for a Recession

[I]  ECB Worries Over Economy Mount, But Officials Stand Pat on Rates

[I]  Labor Market Powers On Despite Growth Concerns

 

BUSINESS LINE

[I]  India keeps off 75-member WTO e-comm agreement talks

[I]  13 airports to soon see flight operations

[I]  India, Mauritius to ink economic cooperation pact soon

[I]  World Economic Forum meet without big leaders

[I]  Govt plans electronic manufacturing clusters between Noida and Meerut

 

ECONOMIC TIMES

[I]  Rabi acreage falls nearly 5% to 591.64 lakh hectares

[I]  India's most respected business tycoons turn up for The Economic Times Family Business Awards

[I]  Govt to issue price, demand forecasts for 5 crops soon

[I]  M&A and PE deals scale record $110 billion mark in 2018: Report

[I]  India under pressure as China joins WTO talks

[I]  Growth to remain in 7-7.5% range in next few years: PM advisory panel

[I]  Global slowdown fears: Swaminathan Aiyar on India effect

 

BUSINESS STANDARD

[I]  Tax dept should be friendly with businesses: Piyush Goyal to taxmen

[I]  RBI governor Shaktikanta Das meets economists, discusses liquidity

[I]  Direct taxes to exceed target of Rs 11.5 trillion in 2018-19: CBDT chairman

[I]  Forgotten textile and art forms make a comeback with this season's garments

 

Best Regards, ARBIND

26 Jan 2019