EM portfolios add $274 billion of foreign inflows in 2024, IIF says
By Rodrigo Campos NEW YORK (Reuters) – Foreign investors added $273.5 billion to their emerging market equity and debt portfolios last year, nearly $100 billion more than in 2023, according to a bank trade group’s preliminary data published on Friday. The $273.5
Brazil central bank to raise rates another 100bps in January: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s central bank will raise its benchmark interest rate by 100 basis points on Jan. 29, with more to increases follow, taking the cost of borrowing to the highest in nearly two decades by
Russian companies expect 2025 inflation above 10%, central bank survey shows
MOSCOW (Reuters) – Russian companies surveyed by the central bank expect inflation in 2025 of 10.7%, more than double the official forecast, and named labour shortages as one of the main factors stopping them expanding production, the central bank said
ECB pitches digital euro as response to Trump’s crypto push
FRANKFURT (Reuters) – Euro zone banks need a digital euro to respond to U.S. President Donald Trump’s push to promote stablecoins, a type of cryptocurrency typically pegged to the U.S. dollar, European Central Bank board member Piero Cipollone said on
Probably time to invest in Europe, BlackRock’s Fink tells Davos
DAVOS, Switzerland (Reuters) -There is too much pessimism around Europe and it could be time to be investing back in the region, BlackRock (NYSE:BLK) CEO Larry Fink said at the World Economic Forum annual meeting on Friday. Euro zone business began