Daily Market Insight

• US weekly jobless claims hit five-month low • Euro zone economic sentiment falls sharply as inflation expectations rise • German inflation hits double digits for first time in Euro era • Sterling rallies for 3rd day after BoE bond buys; US dollar down

• OECD urges global growth to be slow more than anticipated • EU suspects sabotage in massive Russian gas pipeline leak • BoE purchases £65 billion long-dated bonds to stem rout • Thailand hikes interest rate for 2nd consecutive meeting • Oil prices stable as soaring dollar offset by U.S. output outages

• Fed's Evans sees interest rates peaking at 4.50-4.75% • Japan Business Activity Grows Slightly in Sept, Outlook Dim – PMI • World Bank forecasts Thai GDP growth at 3.1% this year • UK 30-year yields hit highest since 2002, extending post-tax cuts surge

• 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