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Bank of France Trims Growth Forecasts, Warns of Political Risks

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France’s central bank trimmed its economic outlook for the next two years, warning of downside risks from budget uncertainty following another government collapse.



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Funding & Business

Microsoft CEO-Backed Groww Makes Public Filing for India IPO

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Billionbrains Garage Ventures Ltd., the parent of India’s largest investment platform Groww, on Tuesday filed for an initial public offering in Mumbai that includes a proposal to raise as much as 10.6 billion rupees ($120 million) via new shares.



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Funding & Business

Citi's Chronert Says Fed Rate Cuts to Spur Year-End Rally

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Scott Chronert, Citi US equity strategist and managing director, expects a pickup in US equity market volatility and then a year-end rally after the Federal Reserve rate-cut cycle starts. He speaks on “Bloomberg Open Interest.” (Source: Bloomberg)



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Funding & Business

Hedge Funds Reaffirm Rate Cut Bets as Brazil CPI Seen Cooling

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Brazilian hedge funds are outperforming their benchmark as the local currency trades near a one-year high and cooling inflation ups the likelihood of interest-rate cuts.



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