Economic news

Emerging markets to rise 10 percent in 2018 – JPMorgan

Emerging markets are set to be bullish in 2018 and may rise more than 10% due to increased profits, JPMorgan Chase & Co predicts.

The MSCI Emerging Markets Index may rise by 14% and reach 1300 points by the end of next year, experts believe.

The developing countries companies' profits will increase 12% in 2018 compared with 20% growth this year. However, profits will continue to increase at a faster pace than revenue, thanks to improved profitability.

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