MACRO ECONOMIC NEWS

LITTLE LOVE, LITTLE COLOUR AND LITTLE SPLASH. LETS COME CLOSER WITH SPLASHING COLOUR OF LOVE.

Macro Economic News 20 Mar 2019

 

As India, Indonesia, the Philippines and Thailand prepare to head to the polls, the Indian rupee's recent sharp rebound is a telling reminder for investors to beware the potential for heightened volatility as they hunt for opportunities around upcoming elections. May will ask EU to delay Brexit by at least three months. Federal Reserve tries to decide when to stop shrinking its asset portfolio with implications for the economy and monetary policy. Negotiators for the U.S. and China have scheduled a new round of high-level trade talks in Beijing and Washington, aiming to close a deal by late April to end the yearlong dispute between the world’s two largest economies. The White House is calling to cap how much graduate students and parents of undergraduates can borrow in federal student loans.

 

FINANCIAL TIMES

[I]  EU hardens line on Brexit delay as May cabinet splits

[I]  EU tries to take politics out of ‘rule of law’ clashes

[I]  China stimulus fuels banks’ $259bn capital shortfall

[I]  Germany raises alarm about small businesses’ Brexit exposure

[I]  Transatlantic front opens in Brexit derivatives battle

 

REUTERS

[I]  Economists raise concerns over India's slowdown with RBI chief: sources

[I]  Oil beats retreat from four-month high on fears for U.S.-China trade progress

[I]  Scrap foreign ownership caps, investor group tells China

[I]  Canada offers stimulus budget, but may be too little to re-elect Trudeau government

[I]  Global Markets: Asian shares hold near six-month high on hopes of dovish Fed

[I]  BOJ board at loggerheads on next policy move: January meeting minutes

[I]  India rupee surge exposes FX risk in upcoming Asia elections

[I]  May seeks Brexit delay after third vote on her deal is derailed

[I]  Japan factory mood hits weakest since 2016 as trade rifts bite - Reuters Tankan

 

BLOOMBERG 

[I]  May Is Stuck in Fight Over Brexit Delay With 10 Days to Exit Day

[I]  How to Trade for a Fed Meeting Full of Potential Wild Cards

[I]  Japan to Tackle Global Financial Regulation Disharmony at G-20

[I]  Pound Traders Expecting a Brexit Delay Are Betting Big on a Rally

[I]  Buy Gold, Sell Stocks Is the ‘Trade of Century’ Says One Hedge Fund

[I]  Sydney Apartments Pose Financial Stability Risks, RBA Says

[I]  Silver Demand in India Set for 4-Year High on Farm Cash Payout

[I]  India's Rupee Just Went From Asia's Worst to Best Currency

 

WALL STREET JOURNAL

[I]  Fed Faces Crucial Decision on Mix of Treasurys in Its Portfolio

[I]  High-Level U.S.-China Trade Talks to Resume in Final Push for Deal

[I]  Trump Budget Relies Partly on Potentially Phantom Revenues

[I]  White House Seeks Ways to Get More People to Work

[I]  U.S. Sanctions Venezuela’s State Gold-Mining Company

[I]  Limits Proposed for Some Student Loans

[I]  Real Time Economics: Market Forces vs. Government Fiat

 

BUSINESS LINE

[I]  Realty firms can opt for old or new rates for ongoing residential projects

[I]  Bumpy ride ahead for auto companies

[I]  Brexit: Despite Speaker’s warning, May to press ahead with another vote

[I]  Proposed dollar-rupee swap ‘has been received well’: RBI chief

 

ECONOMIC TIMES

[I]  A brief account of hostile takeovers in India

[I]  Why a 4-day work week in India is a good idea

[I]  India promises investors 2nd-best real yield among Asian countries

[I]  Variable components in CXO salary on the rise

[I]  Challenges for marketers in competitive marketplace

[I]  India keen to host WTO mini ministerial

[I]  India not first tier country for post-Brexit FTA, says UK minister

[I]  RBI governor calls for permanent status to finance commission

 

BUSINESS STANDARD

[I]  GST Council meet: Realtors get two options to tax under construction house

[I]  Automakers invest around $491 million in Indian start-ups in 2018

[I]  Digital advertising fraud ecosystem stirs up a $1.63-billion scam

[I]  RBI governor calls for more consistency among finance commissions

[I]  Given four-day work week, Indians would learn new skill, says survey

 

MARKETS (08:00 am)

[I]  SGX NIFTY Fut: 11568;  USDINR DGCX: 69.3825;  DJIA Mini: 25882;  FTSE 100 Fut: 7199;  NIKKEI 225 Fut: 21547;  EUR-USD: 1.1348; Crude Oil (WTI): 58.83;  Gold (Spot): 1304

 

Best Regards, ARBIND
20 Mar 2019