Global Banking Monitor

Saturday, December 2, 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...

Tag: unemployment

Australia Treasurer Expects Unemployment Uptick Amidst Easing Inflation

Australian Treasurer Jim Chalmers said he expects a substantial economic slowdown and for unemployment to pick up as inflation eases. “As the Reserve Bank forecasts...

Low Unemployment Rate Supports Australian Banks in Home Loan Market

The CEOs of Australia's two biggest banks said on Thursday a tight labour market was keeping late home loan repayments below historic levels even...

Canada’s May Unemployment Rate Increases, Breaking a Nine-Month Decline

Canada unexpectedly shed jobs in May and the unemployment rate rose for the first time in nine months, data showed on Friday, a first...

China’s economy faces further strain as youth unemployment reaches unprecedented levels

As youth unemployment in China rises to a record high, college graduates are caught in a perfect storm — with some forced to take...

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