Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
India’s IT Sector Faces Sharp 2025 Valuation Reset as Mid-Caps Outshine Large Players 
Oil Prices Slip as Russia-Ukraine Peace Hopes Fade and Oversupply Fears Grow 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
Japan’s Service Sector Sustains Growth Momentum in November 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Recent financial market turmoil and lower price of commodities including energy has made it tough for US central bankers to go ahead with a rate hike in immediate policy meeting scheduled for September 16th/17th.
While survey based inflation expectation has remained stable, market bases measure has dropped to lowest level not seen since August 2010, when financial market was on its recovery from 2008/09 slump.
- Inflation expectations as measured by 5 year- 5 year (5y/5y) forward inflation expectation calculated using swap dropped to 1.87% as of Monday, a level not seen in 5 years.
With global energy and commodity prices at multi decade low, FED doves are going to argue strongly against a rate hike next month as lower inflation provides FED with opportunity to see further improvement in the economy as well as labor market.
Rise in global volatility has pushed investors to the safety of treasuries, which has pushed expectations of inflation down.
Sudden devaluation of Chinese currency by PBoC this month has opened up Pandora's Box of volatility and fear that China will be importing some of its deflation and volatility to the global market.
US benchmark stock index, S&P500 is still struggling to pose sustained comeback after Monday's aggressive selloff, currently trading at 1900.
