Geoff Dennis, an Independent EM Commentator, dismisses the notion of BRICS posing a currency threat to the US, despite China’s desire for a stronger RMB. While some de-dollarization exists, Dennis believes Trump’s perception of any overseas collaboration as anti-American is a key factor.
Banks, power finance and infrastructure to lead next leg of market rally: Pankaj Pandey
India’s banking sector is poised for a rally, fueled by robust credit growth, easing deposit pressures, and stable asset quality, according to ICICI Securities’ Pankaj