BIS Warns of Growing Fragility in Global Markets

The video discusses China's trade surplus, which rose due to increased exports and decreased imports, resulting in a $54 billion surplus. Japan's economy is in a deeper recession than initially estimated, with a contraction of 1.9%, affecting Prime Minister Shinzo Abe's reelection campaign. The Bank for International Settlements warns of fragility in global financial markets, particularly for emerging markets with dollar-denominated debt. The dollar index reached an 8-year high. In Australia, banks may need $25 billion in fresh capital following a government inquiry recommending stronger capital levels.

What was the percentage increase in China's overseas shipments compared to the previous year?

• 3.5%

• 5.2%

• 6.1%

• 4.7%

How much did Japan's economy contract in the third quarter according to the final report?

• 1.6%

• 1.9%

• 2.1%

• 2.4%

What is the main risk for emerging markets according to the Bank for International Settlements?

• High inflation rates

• Large amounts of dollar-denominated debt

• Trade deficits

• Political instability

What was the dollar index's status after the release of stronger than expected jobs data?

• At a 5-year high

• At a 6-year high

• At an 8-year high

• At a 10-year high

How much fresh capital might the Commonwealth Bank of Australia and its competitors need?

• $15 billion

• $20 billion

• $30 billion

• $25 billion