Global Banking Monitor

Sunday, December 3, 2023

Dollar to Weaken Over Next 2 Years, UniCredit Says

UniCredit Research expects “moderate dollar weakness” over...

Bank of Canada Governor Indicates Potential Cease in Interest Rate Increases

Bank of Canada Governor Tiff Macklem recently...

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Bank of Canada Sends Shockwaves through Markets with 4.75% Policy Rate Hike

The Bank of Canada defied expectations by restarting its interest-rate tightening campaign, saying the economy is running too hot. Policymakers led by Governor Tiff Macklem...

China’s Growth Disappointment Sends Shockwaves Through Global Markets, Sparking Warnings

China’s muted economic rebound and Beijing’s reluctance to deploy large-scale stimulus are reverberating around the globe, crushing commodity prices and weakening equity markets. Investors are...

Central Banks Engage in Unprecedented Yuan Usage Through PBOC Swaps

Global central banks tapped a record amount of the Chinese currency in foreign-exchange swap lines in the first quarter, in another indication of the...

World Bank may offer $50 billion more in loans over the next decade through reform

The World Bank’s ongoing reform could result in a $50 billion lending boost over the next decade, Treasury Secretary Janet Yellen told AFP ahead...

Regulators Seize Signature as SVB’s Troubles Continue to Ripple Through Industry

The sudden closure of New York’s Signature Bank by state regulators Sunday underscored the urgency of extraordinary US efforts to backstop the nation’s banking system and...

Something broke, but the Fed is still expected to go through with rate hikes

When the Federal Reserve starts to raise interest rates, it generally keeps doing so until something breaks, or so goes the collective Wall Street...

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