2027 global economy: risks of slowdown, recession, but not Great Depression
Global economy faces 2027 risks: AI correction, oil above $117, China weakness, but 2008-style collapse not yet signaled.
Australia's September jobs report expected to show unemployment steady at 4.6%. BoJ and BoE speakers also on the calendar.
The main data event for the Asia session is Australia's September labour market report. A separate post will provide more detail; an early preview is linked below.
The Australian dollar remains tied to geopolitical events, while rising US inflation put pressure on it during the overnight session.
Additional coverage will follow separately.
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Global economy faces 2027 risks: AI correction, oil above $117, China weakness, but 2008-style collapse not yet signaled.
A preview of the week ahead: Fed decision, Big Tech earnings and key macroeconomic data.
The US is expected to remove 50% tariffs on some Canadian agricultural products as soon as today, per a WSJ report.
European equity indices posted weekly losses, French bond yields rose sharply, and crude oil climbed above $103. U.S. stocks were mixed with tech recovering.