Funding & Business
Bank of France Trims Growth Forecasts, Warns of Political Risks

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

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

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

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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