Daily Market Insight

• US New home sales surge, beating forecast and previous numbers • Japan manufacturing PMI contracts more than expected in September • Fitch lowers Thailand outlook to negative amid political uncertainty • Thailand’s export growth slows as US tariffs take toll • The dollar firmed on Wednesday, trimming earlier weekly losses

• Powell sees challenges in Fed’s path forward • US PMI largely meets expectations in September • Euro zone PMI hits 16-month high but highlights country divergence • OECD warns resilient global economy to feel tariff impact in 2026 • Thai central bank says better BOP records halved 2024 balancing item • The dollar edges down slightly

• Fed officials reiterated their stance • China leaves loan prime rate unchanged in September • Australia PMI slows in September as tariffs hit exports • Dollar trades lower to start the week amid limited headlines

• Trump’s $100,000 H-1B Visa change sparks uncertainty • Bank of Japan keeps interest rates unchanged; outlines ETF sale plans • UK budget deficit overshoots forecast, pressuring Reeves ahead of autumn budget • Thailand plans 8% cut in borrowing as debt approaches limit • Dollar closed flat as FOMC gains offset earlier losses

• Initial jobless claims drop, beating forecasts and previous figures • Philadelphia Fed manufacturing index sees unexpected surge • Japan inflation cools sharply on subsidies ahead of BOJ decision • BOE holds rates at 4%, keeps cautious stance on future cuts • Dollar extends rally after upbeat economic releases

• Fed lowers interest rates, signals more cuts ahead • Powell signals cautious hawkishness • UK inflation stable at highest level since early 2024 in August • Indonesia’s central bank cuts interest rates for third straight month • Dollar rebounds amid post-Fed volatility

• US retail sales top estimates, underscoring consumer resilience • US industrial production rebounds, beats forecasts • Japan exports fall again, driven by steep US decline • UK jobs market past worst leaves BOE on track to hold rates • Dollar softens ahead of the FOMC

• NY Empire State manufacturing index plummets • China’s broad economic slowdown fuels stimulus bets • China’s home prices extend decline, amplifying calls for more policy support • Thailand weighs tax on gold trades to slow baht rally • Dollar retreats as lower US yields weigh ahead of FOMC

• Michigan consumer sentiment dips below forecast • Fitch cuts France’s credit rating amid rising debt and political turmoil • UK economy makes weak start to second half of the year • China investigates US chipmakers ahead of trade talks • Dollar holds firm ahead of Fed policy decision

• August US CPI came in largely as expected • US initial jobless claims rise, exceeding forecasts • ECB holds rates steady, in line with expectations • Dollar weakened on soft US labor data