Financial Stability
Iran War Triggers Institutional Capital Shock Beyond Oil Markets
Gulf sovereign wealth fund rebalancing and risk-parity deleveraging expose systemic vulnerabilities in nonbank financial intermediaries as margin calls cascade through derivatives markets.
What Is the Yen Carry Trade and Why Does It Drive Global Market Volatility?
How borrowing in Japanese yen to chase higher yields elsewhere creates leverage that unwinds violently when rate differentials narrow or risk premiums spike.
Canada’s Banking Regulator Tightens Appraisal Rules as Condo Collapse Exposes Collateral Risk
OSFI warned lenders in October that blanket appraisals breach federal law, forcing banks to revalue billions in mortgage assets as Toronto condo prices fall 20% from peak.
Bank of England Launches AI Roundtables as UK Plots Light-Touch Regulatory Path
Central bank convenes financial firms to identify barriers to AI adoption, signalling preference for principles-based oversight over prescriptive rules.