Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
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 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Asian currencies traded in narrow ranges on Wednesday as markets focused on upcoming U.S. inflation data and rising expectations of Federal Reserve rate cuts. The U.S. dollar stabilized after touching seven-week lows, with traders cautious ahead of key economic releases.
The Chinese yuan slipped slightly, with USD/CNY rising 0.1% after inflation data confirmed persistent disinflation in the world’s second-largest economy. China’s consumer price index fell 0.4% in August, signaling weakening domestic demand as government subsidies faded. Producer prices contracted 2.8% for the 35th straight month, underscoring continued economic pressure and the potential need for more stimulus measures. Analysts noted that while Beijing’s interventions supported the yuan recently, further monetary easing could undermine the currency.
Broader Asian currencies showed mixed moves. The Japanese yen held near 147.45 per dollar, stabilizing after volatility linked to Prime Minister Shigeru Ishiba’s sudden resignation. The Australian dollar gained 0.2% on higher oil and copper prices, while the Singapore dollar was flat. India’s rupee weakened 0.1% as trade tensions with the U.S. persisted, with Washington maintaining tariffs and signaling possible higher duties over Russian oil imports. The South Korean won edged down 0.1%.
The dollar index steadied in Asian trading but remained near recent lows as markets priced in a 95% chance of a 25 basis point Fed rate cut next week, with a small chance of a deeper 50 bps cut. Traders now await U.S. Producer Price Index data on Wednesday and Consumer Price Index data on Thursday, which are expected to shape final market bets ahead of the Fed’s September 16-17 meeting.
