Global Banking Monitor

Monday, December 11, 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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Deposit Decline: Banks Face Losses, While Unanticipated Competitors Thrive

The banks that showed some of the biggest deposit declines during the second quarter weren’t midsize regional lenders. They were the industry’s giants. JPMorgan Chase (JPM),...

US Labor Market Remains Tight While Housing Market Slump Persists

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, touching the lowest level in two months amid ongoing labor...

JPMorgan Raises Expectations for India’s 2024 Economy, While Exercising Prudence Due to Global Uncertainties

JPMorgan increased its 2024 economic forecast for India — but only marginally — saying the country’s growth will be affected by a slowdown in...

European leaders confront banking crisis while market turmoil looms over Brussels summit

European leaders on Friday were keen to stress that the region’s banking sector was stable and sound following Deutsche Bank’s sudden slide as markets...

Bank of England raises interest rates again while predicting a rapid drop in inflation

The Bank of England (BoE) raised interest rates for the 11th time in a row on Thursday, but said a surprise resurgence in inflation...

Analysis indicates investors fear the Fed may overdo tightening while awaiting key data

The Federal Reserve's pledge to redouble its inflation-fighting efforts is spooking some investors, who believe it may end up moving too aggressively after moderating...

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