Global Aggregate News Today

(Bloomberg) -- The Bank of Japan is widely expected to scrap the world’s last negative interest rate in the coming weeks, marking the closing act of global central banks’ grand experiment with unorthodox policies.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackThese Are the Best Countries for Wealthy Expats‘Oppenheimer’ Wins Seven Oscars Including Best Picture, DirectorSlow US Inflation Retreat Is Set to Bolster Fed Patience on Ra...

In a pivotal move, the Bank of Japan is poised to abandon the world's last negative interest rate, signalling the end of an era.

Bloomberg Expands Sustainable Index Offering With New Green-Tilted ...

The move comes barely two weeks after JP Morgan included India in its Global Government Bond Index-Emerging Markets (GBI-EM) global index suite starting June 2024.

It was party time for both bond and currency traders as reflected in the market, as gilt prices rose sharply following the announcement, and so did the rupee against the dollar.

A review by FTSE is due before the end of this month. While JPMorgans decision does not immediately pave the way for inclusion in the FTSE and Bloomberg indexes, it increases hope and can also have a demonstration effect in the medium term as the lower risk premia could trigger positive externalities.

The economic picture may not have to change much for the surprise element to disappear for markets – underlining the significance of this summer’s sometimes grudging admissions of investment strategy missteps.

The economic picture may not have to change much for the surprise element to disappear for markets - underlining the significance of this summers sometimes grudging admissions of investment strategy...

Will the year’s anti-consensus stock market surge peter out, allowing bonds start to perform at last and the dollar to finally dissipate?

The opening months of 2023 have been something of a curate's egg for the global high yield market. January witnessed a truly monumental rally that surprised many...