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JPMorgan Chase (JPM.N) reported third-quarter FICC sales and trading revenue of $5.37 billion, compared to market expectations of $6 billion.

2026-10-13

JPMorgan Chase (JPM.N) reported third-quarter FICC sales and trading revenue of $5.37 billion, compared to market expectations of $6 billion.

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2026-10-13

IMF expects a global growth rebound next year but warns medium‑term prospects will remain below the recent two‑year average of 3.5% and describes the outlook as "lackluster." The fund says AI‑driven gains are highly uneven: nearly two‑thirds of addit

IMF expects a global growth rebound next year but warns medium‑term prospects will remain below the recent two‑year average of 3.5% and describes the outlook as "lackluster." The fund says AI‑driven gains are highly uneven: nearly two‑thirds of additional trade in compute hardware comes from Taiwan and South Korea, while the US and China accounted for over 75% of net AI‑related imports last year, narrowing the breadth of the expansion. Only 32 economies now account for 95% of global output growth, down from 54 six months ago. The IMF cautions it is uncertain whether the AI demand surge will produce durable productivity-led supply gains and says it is simultaneously amplifying inflationary pressures and financial vulnerabilities. It still forecasts global inflation to ease from 4.7% this year to 4.1% next year (the 2025 level). In light of the bond‑market selloff and revealed budget strains, the IMF urges credible fiscal adjustment plans to rebuild buffers.
2026-10-13

The Governor of the Bank of Korea stated that the exchange rate is an important indicator of economic confidence.

The Governor of the Bank of Korea stated that the exchange rate is an important indicator of economic confidence.
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