South Korea Posts Stronger-Than-Expected 1.3% Economic Growth in Q3 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
Recent global fund managers' survey by the Bank of America Merrill Lynch (BofAML) showed that vast majority of the fund managers are worried over the health of the European banks. They are right in doing so.
This chart from Forward Guidance of Bloomberg shows the capital shortfall for the European banks and its billions of euros.
At this point, a return of inflation could prove deadly for the banks.
