Emerging Markets in Focus

1. India’s Record Rally: Sensex hits all-time high as FDI inflows surge 18% on manufacturing reforms.

1. China Stimulus Hopes: Hang Seng climbs 3% amid rumors of property sector bailouts and rate cuts.

1. Brazil’s Rate Slash: Central Bank cuts Selic rate to 12.25%, boosting Bovespa stocks (Vale, Petrobras up 5%).

1. Turkey’s Inflation Crisis: Lira plunges to 26/$ as inflation hits 38%; Istanbul stocks slump 8% monthly.

1. Saudi IPO Boom: Aramco subsidiary listings drive Tadawul index to 12-month peak; retail investors pile in.

1. Africa’s Tech Rise: Nigeria’s NGX jumps 4% as fintech startups attract $500M+ in Q3 venture funding.

1. Argentina’s Dollar Rush: Black-market peso crashes to 500/$ ahead of elections; bonds tumble.

1. Vietnam’s Export Surge: VN-Index up 2.2% as electronics & textiles drive 9% GDP growth in Q2.