International Economic
US leading economic index potentially signalling a recession in August
An often-cited measure of economic growth slipped unexpectedly last month, potentially pointing to a recession, a leading business lobby group said.
US initial jobless claims rise by 5,000
Americans filed first-time unemployment claims at an accelerated pace in the week ended 17 September, according to the Department of Labor.
Bitcoin slides to 3-month low and could fall further
The US Federal Reserve´s (Fed) rate decision weighed on Bitcoin and cryptocurrencies alongside other risk assets and added downward pressure on digital assets. Total market capitalization rises marginally above $900 billion, while the queen of digital currencies extended recent lows to $18,290, and sends fresh signals that it is poised to test recent lows at $17,500.
BoJ intervenes for first time since 1998 to strengthen yen
Japanese authorities intervened in foreign exchange markets on Thursday with the aim of strengthening their currency for the first time since 1998.
Norway lifts rates by 50 basis points, expects another hike in November
The Norges Bank hiked its benchmark interest rate by 50 basis points to a 10-year high of 2. 25% on Thursday as it looks to tackle rising inflation, and indicated that rates will most likely be lifted again in November.
Swiss National Bank hikes rates by 75 basis points
The Swiss National Bank hiked interest rates on Thursday by 75 basis points, as expected.
'It is clear we need to keep raising rates,' ECB's Schnabel says
"It is clear that we need to continue raising rates" a top European Central Bank official said.
Yen slips past 145 as BoJ sticks with yield curve control
The Bank of Japan stuck to its policy of so-called yield curve control, triggering another decline in the country's currency.