Indian Government Bonds are set to be included in the JP Morgan Government Bond Index, Emerging Market (GBI-EM) from June 28. The inclusion will take place over a period of 10 months starting June 28, 2024, through to March 31, 2025.
Lunate Capital, an Abu Dhabi-based management company, today launched the Chimera J.P. Morgan Global Sukuk ETF, an exchange-traded fund (ETF or the Fund) scheduled to list on the Abu Dhabi Securities Exchange (ADX) on 8th July.
The overarching theme suggests a shift towards a soft landing rather than a recession, supported by falling US inflation and prospects for a more accommodative Federal Reserve policy.
According to the JP Morgan report, over the past year, concerns about higher interest rates and the potential for an economic slowdown have impacted both credit availability and demand.
According to a report by Fitch Ratings, this move is likely to contribute to a slight reduction in funding costs and encourage further development in the domestic capital market.
According to a JP Morgan report, despite experiencing robust GDP growth of nearly 5 per cent in the third quarter, projections suggest a slowdown with expected growth rates of 1-2 per cent in the fourth quarter and 0-1 per cent in the first half of 2024.
According to a JP Morgan report, the US economy has displayed resilience, but the risk of recession remains. The third quarter showed signs of optimism with easing inflation and robust economic growth.