Daily Market Insight

• U.S. labor market resilient as recession signals grow stronger • Euro Area composite PMI shrinks for 3rd month • Thailand's exports rose slightly in August • Dollar hits the 114 mark for the first time since May 2020, Sterling plunges to all-time low

• US business activity gauge improves, but still shows contraction • UK cuts taxes as flagging economy falls into recession • Japan's factory activity expands at slowest pace in 20 months • Oil prices hover near 8-month low as recession fears dent outlook

• Fed raises interest rates by 0.75% as expected, pledges more hikes to fight inflation • ADB cuts China growth outlook as global risks rise • Japan consumer prices stay elevated in August • Putin announces a partial military mobilization for Ukraine • Dollar soars as Putin ramps up tensions, Fed flags more rate hikes

• US building permits slump 10% in August, but housing starts bounce • ECB’s Lagarde raises prospect of rate hikes beyond neutral level • Sweden lifts interest rates by full percentage point with more to come • Oil prices fall further on demand fears; fed rate hike looms

• IMF sees further global economic slowdown in third quarter • U.S. weekly jobless claims fall for fifth-straight week • China retail sales exceed market expectation in August • Stock wavered throughout the session, await this week’s Fed meeting

• US consumer inflation expectations fall in September • Euro zone inflation confirmed at 9.1% as energy, food prices surge • Japan August core inflation seen hitting near 8-year high • Dollar off 20-year peak as Fed headlines big central bank week

• US retail sales unexpectedly rise, but inflation hampering spending • UK public inflation expectations at record high for coming year • China central bank pauses monetary easing, partially rolls policy loan, keeps rate unchanged • Oil prices head for third week of losses as recession fears bite

• U.S. producer prices posted the second decline in August amid inflation fears • Eurozone factories suffer biggest output fall since pandemic hit • UK inflation falls unexpectedly as fuel prices drop • Asia stocks follow overnight U.S. equities plunge after sky-high U.S. price increases

• US CPI surprises to the upside again in August, cementing aggressive FOMC • Germany, EU race to fix energy crisis • Oil dips nearly 1%, reversing gains after U.S. economic data • Asian shares extend global selloff amid bets on more aggressive Fed

• UK economy grew more slowly than expected, raise recession risk • U.S. emergency oil reserves tumble amid global supply concerns • China's festival travel dropped more than third amid COVID curbs • Gold rises, Euro jumps as dollar slips; focus shifts to U.S. inflation data