Daily Market Insight

• 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

• US household wealth suffers record drop in second quarter • Japan trade deficit in August seen at near nine-year high as weak yen boosts imports • China CPI slows in August, producer price inflation at 19-month low • Dollar slides as investors balance positions ahead of U.S. inflation data

• Powell says Fed "strongly committed" to inflation fight • ECB raises rates by unprecedented 75 basis points • U.K. PM Truss Announces Plan to Freeze Household Energy Bills for 2 Years • Asia shares edge higher as dollar eases

• Euro zone Q2 growth revised up, supported by household spending • China’s trade growth loses momentum on softer demand in August • Australia GDP expands 3.6%yoy in the second quarter • U.S. stock indexes climbed the most in roughly a month as bond yields eased

• US ISM non-manufacturing PMI unexpectedly accelerates in August • Stocks edges lower with soaring treasury yields • China stocks jump with support by government stimulus • Oil falls as demand worries outweigh OPEC+ quota cut • Dollar hits its fresh 20-year peak

• Euro zone business activity contracted to an 18-month low in August • Germany announces 65 billion Euro in inflation relief package amid soaring energy prices • “Liz Truss” wins race to become new U.K. prime minister • OPEC+ surprises energy markets with a small production cut • Euro fall below 0.99 against Dollar, the weakest since 2002