Daily Market Insight

• US consumer confidence dives to four-month low • JPMorgan CEO warns of potential stagflation amidst US interest rate uncertainties • China's industrial profits extend slump for Jan-Aug, but pace of downturn eases • Dollar at 10-month high, yen weakens amid intervention watch

• US yields revisit highs, Asia stocks sag on hawkish Fed angst • ECB Maintains High Interest Rates to Combat Inflation Amid Economic Slowdown • Singapore CPI inflation eases slightly in August, core inflation down • US Dollar Peaks Amid Inflation Concerns; Stocks Remain Steady

• U.S. business activity nears stand-still in September • Shrinking German business activity points to Q3 contraction • Japan business mood likely improved slightly in BOJ tankan • Yen Drops and Dollar Rises as Central Banks Maintain Stimulus Measures

• Fed keeps rates steady, toughens policy stance as 'soft landing' hopes grow • German producer prices post biggest decline on record • Japan's exports extend declines as China slowdown bites • Dollar higher as Fed skips rate hike but stiffens hawkish stance

• US housing starts hit three-year low; surge in permits point to underlying strength • Euro zone Aug inflation revised slightly down • Bank of England likely to hike rates for 15th time, signals suggest peak nearing • Dollar drifts higher as traders look to upcoming Fed decision

• US Treasury Yields Rise on Robust Economic Data, Ahead of Federal Reserve’s Policy Decision • German home building permits plunge as industry calls for stimulus • Singapore's Aug exports fall 20% y/y, more than forecast • Dollar eases as traders eye upcoming central bank decisions

• US manufacturing production barely rises in August • U.S. consumer sentiment slips again but inflation outlook improves • UK consumers anticipate inflation rise, Bank of England reports • Dollar down after data but set for ninth straight weekly climb

• US retail sales beat expectations as Americans pay more for gasoline • US producer prices accelerate in August on gasoline • Chinese industrial production grows more than expected in August • Dollar strengthens following strong U.S. data and ECB rate hike

• U.S. inflation accelerates to 3.7% in August amid jump in gas prices • German govt sees economy shrinking up to 0.3% this year • UK economy stumbles in July as strikes and rain weigh • Dollar steadies ahead of inflation data; Sterling falls on weak GDP

• Fed to leave rates unchanged on Sept. 20; cut unlikely before Q2 2024 • UK wage growth points to another rate hike but jobless rate rises • China 2023 GDP growth forecast cut to 5.0%, 4.5% in 2024 • Dollar retreats ahead of inflation data; Yen soars on Ueda's comments