Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Consumer inflation expectations declined to 3.3 percent in September from 3.5 percent in August. Unemployment rate in August declined to 5.6 percent.
Upcoming:
- Switzerland: SNB will announce interest rate decision at 7:30 GMT.
- United Kingdom: Retail sales for August will be reported at 8:30 GMT. BoE will announce rate decision at 11:00 GMT.
- Greece: Unemployment rate for the second quarter will be published at 9:00 GMT.
- Eurozone: Trade balance for July and CPI for August will be announced at 9:00 GMT.
- United States: Lots of data from U.S. today. Current account for second quarter will be published at 12:30 GMT, along with New York Empire State manufacturing index, producer price index and retail sales. Weekly jobless claims report will also be released about the same time. Industrial production for August will be reported at 13:15 GMT. EIA will release natural gas inventory report at 14:30 GMT.
