Emerging markets

July 30, 2025 12:23 PM

IMF revises India’s GDP growth upward to 6.4% for FY26 and FY27

India is now projected to register a GDP growth of 6.4 per cent in both FY26 and FY27, with the International Monetary Fund (IMF) revising its earlier forecast slightly upward. The revision reflects a more benign external environment than what was assumed in its April forecast, according to the IMF’s latest World Economic Outlook (WEO) report released on Tuesday. For the current fiscal year, the IMF has raised India’s GDP growth forecast by 20 basis points (bps) to 6.4 per cent. It has also...

April 8, 2025 2:27 PM

US is starting to look like an emerging market after tariff shock, Euronext CEO says

The United States is starting to resemble an emerging market more than a developed country, Euronext's CEO Stephane Boujnah said on Tuesday as financial markets remained volatile after the imposition of sweeping U.S. tariffs. "Fear exists all over," the head of the pan-European stock exchange operator told France Inter radio. "The country (United States) is unrecognisable and we are living in a transition period. There is a certain form of mourning, because the United States that we had known f...

January 17, 2025 4:13 PM

FX, stocks steady ahead of Trump’s inauguration; eyes on Gaza ceasefire

Emerging market currencies were broadly steady on Friday as investors exercised caution ahead of U.S. President-elect Donald Trump's inauguration next Monday, while also monitoring developments in the Middle East after the Gaza ceasefire deal. Investors' focus was on a meeting of the Israeli cabinet, which is expected to give final approval to a deal with Hamas for a ceasefire and release of hostages. Israel's shekel was set to notch its best week since November. Israel's government dollar bon...