MACRO ECONOMIC NEWS

AUSPICIOUS GOODNESS IS COMING FROM EVERYWHERE. WISHING A PROMISING WEEKEND AHEAD.

Macro Economic News 06 Apr 2019

 

If the world was at risk of sliding into recession, policy makers appear to have pivoted in time to prevent it. Britain's opposition Labour Party said that talks with the government on a last-ditch Brexit deal had made no progress. U.S. hiring sprang back in March, showing a slowdown in February was likely just a passing chill during a historically long stretch of job creation. The strong March employment report should assure Federal Reserve officials that weak payroll growth in February was an aberration and not the start of a more serious economic slowdown. President Trump repeated his call for the Federal Reserve to cut interest rates and said it should restart buying assets to stimulate growth.

 

FINANCIAL TIMES

[I]  Trump calls for Fed U-turn to stimulate economy

[I]  May seeks to delay Brexit until end of June

[I]  UK banks among companies with largest gender pay gaps

[I]  US hiring bounces back in March but wage growth cools

[I]  Niger bears brunt as migrant exodus goes into reverse

[I]  German carmakers accused by EU of collusion over emissions

[I]  Consumer sentiment in Japan slumps to lowest in 3 years

 

REUTERS

[I]  As latest round of U.S.-China talks end, 'significant work' remains

[I]  May's Brexit talks with Labour stall, delay request fails to convince EU

[I]  U.S. employment report points to growing economy, tame inflation

[I]  Another make-or-break week for Europe?

[I]  "No reason" for further big Pakistan devaluations: Finance Minister Asad Umar

 

BLOOMBERG 

[I]  Hedge Funds Just Posted Their Best Quarter Since 2009

[I]  Trump Urges Fed to Open Up Monetary Floodgates to Juice Economy

[I]  May's Bid to Break Brexit Impasse Stalls as Labour Disappointed

[I]  Trump’s Fed Picks Have Fond Memories of the Gold Standard

[I]  Crude Oil Market Rallies on Fading Fears of a Glut

[I]  U.S. Jobs Rebound Reassures on Growth But Comes With Caveats

 

WALL STREET JOURNAL

[I]  Hiring Rebounded in March, Helping Ease Downturn Jitters

[I]  The World Seems to Have Dodged Recession, for Now

[I]  March Jobs Report Should Prompt Sighs of Relief From Fed Officials

[I]  Trump Urges Fed to Cut Rates, Resume Bond Purchases

[I]  U.S., China Tout Progress, Vow to Continue Trade Talks

[I]  The U.S. Jobs Market Bounced Back In March

 

BUSINESS LINE

[I]  India gives China a list of 380 items whose exports can be increased

[I]  New I-T returns forms notified, seek more disclosures

[I]  28-lakh beneficiaries enrolled for PMSYM pension scheme

[I]  Central banks’ dovish stance props up markets

[I]  RBI cuts rate, but why is it not passed on quickly?

 

ECONOMIC TIMES

[I]  Trump's crackdown on H-1B visa is hurting Indian IT cos in the US

[I]  Fitch sees no respite for flyers anytime soon

[I]  India Inc lays stress on fighting mental distress

[I]  Retail loan securitisation volume sees two fold growth in FY19

[I]  Kazakhstan taps Eastern Indian markets

[I]  Arvind Panagariya pitches for trade pact in services with US

 

BUSINESS STANDARD

[I]  Investors in unlisted firms can't file ITR-1, ITR-4 forms, says CBDT

[I]  Sebi's age rule makes directors aged 75 or above quit 228 companies

[I]  Empowering women to retiring directors: How India Inc scores in governance

[I]  Govt urges banks to show results in existing gold monetisation scheme

[I]  MF's asset growth rate slips to 7-year low as volatility rattles investors

 

Best Regards, ARBIND
06 Apr 2019