European Central Bank (ECB) Governing Council member and Governor of the Central Bank of Ireland, Gabriel Makhlouf, signaled during the European trading session on Thursday that the central bank could raise policy rates further in upcoming policy meetings.

Commerzbank’s India analysis shows the Reserve Bank of India stepping up liquidity absorption via INR1trn of government bond sales and continued VRRR operations, FX swaps and open-market actions. The measures aim to align money-market rates with the 5.25% policy rate.

Deutsche Bank analysts highlight that the first Federal Reserve hike since 2023 and a more hawkish dot plot weighed on US equities. The S&P 500 fell to its lowest level since July, with blue-chip names and banks underperforming, although tech indices were more resilient.

NZD/USD halts its three-day losing streak, trading around 0.5740 during the European hours on Thursday. The pair appreciates as the New Zealand Dollar (NZD) strengthens following the release of domestic Gross Domestic Product (GDP) data for the second quarter.

Frantisek Taborsky at ING argues that the stronger US Dollar (USD) following the Federal Reserve (Fed) meeting is clearly negative for emerging markets, keeping Central and Eastern European (CEE) currencies under pressure.

TradingKey - O Fed voltou a elevar as taxas de juros pela primeira vez em três anos, mas o que realmente pegou o mercado de surpresa não foi o ajuste de 25 pontos-base, e sim a postura hawkish do pres

Switzerland Imports (MoM) above expectations (0M) in August: Actual (35485M)

Japan's Economy Minister Minoru Kiuchi said on Thursday that officials aim to balance a robust economy with fiscal sustainability. However, Kiuchi declined to comment on interest rates. 

USD/IDR depreciates after opening with a bullish gap, remaining in positive territory for the sixth straight day and trading around 17,780 during Asian hours on Thursday. Meanwhile, traders are bracing for Bank Indonesia’s (BI) policy meeting next week.

United States (US) Treasury Yields erase an earlier decline during the early European session on Thursday. Federal Reserve (Fed) interest rate hike and escalating geopolitical tensions in the Middle East could lift US Treasury Yields in the near term. 

Shares edged higher in Asia on Thursday, tracking US stock futures, as traders digest the Federal Reserve's (Fed) hawkish tilt ahead of other key central bank events.

Japanese Finance Minister (FM) Satsuki Katayama said on Thursday that official will review budget requests, control debt issuance at a level that can gain market credibility. Katayama also expect the Bank of Japan (BoJ) to steer policy properly to achieve stable, sustainable 2% inflation.

NBC Economics and Strategy, authored by Taylor Schleich and Ethan Currie, reviews the latest Federal Reserve decision following strong CPI data. The Fed delivered a widely expected rate hike and signaled support for restrictive policy for a prolonged period.

TD Securities analysts highlight that the Federal Reserve’s 25bp hike and hawkish projections have boosted its inflation-fighting credibility, making nominal and real US rates attractive.

Rabobank’s RaboResearch Global Economics & Markets team reviews the latest FOMC decision, noting a unanimous 25 bps hike in the federal funds rate. The Committee’s projections point to one more hike this year, then a prolonged hold through 2027, with the first cut in 2028.

US President Donald Trump said that he counseled Federal Reserve (Fed) Chair Kevin Warsh to vote for an interest rate hike because other Fed policymakers were expected to vote that way anyway, the Washington post reported on Wednesday.

New Zealand's Gross Domestic Product (GDP) grew by 0.2% QoQ in the second quarter (Q2) of 2026, compared with a 0.8% expansion in the first quarter, Statistics New Zealand showed on Thursday. This reading came in stronger than the expectation of a rise of 0.1%.

United States Total Net TIC Flows down to $83.7B in July from previous $133.5B

United States Net Long-Term TIC Flows came in at $-27.9B below forecasts ($146.3B) in July

The US Dollar (USD) has navigated a positive range on Wednesday, gathering extra pace soon after the Federal Reserve hiked its FFTR by a quarter percentage point, as widely anticipated.

Federal Reserve (Fed) Chair Kevin Warsh is holding a press conference following the Federal Open Market Committee (FOMC) decision to raise the Funds Target Range to 3.75%–4.00%, as expected.

The Federal Reserve's (Fed) latest dot plot projections, released by the Federal Open Market Committee (FOMC) on Wednesday, show policymakers now expect interest rates to stand at 4.1% by the end of 2026, up from 3.8% in June.

TradingKey - Em 16 de setembro, no horário do Leste dos EUA, o comunicado mais recente de política de taxa de juros do Federal Reserve destacou que a reunião decidiu elevar a faixa-alvo da taxa dos fe

Nomura’s Global Markets Research team, including Josie Anderson, George Buckley and Andrzej Szczepaniak, notes that UK CPI data for August came in broadly as expected, with headline inflation at 3.1% and core and services measures unchanged.

The United States (US) Federal Reserve (Fed) announces its interest rate decision on Wednesday, following another pivotal meeting that could provide key insights into the monetary policy outlook heading into the end of the year.

MUFG’s Henry Cook expects the Bank of England to deliver a hawkish hold, with UK inflation driven higher by energy and headline CPI projected to exceed 4% after the January price cap reset.

Retail Sales in the United States increased to $773.9 billion in August, the US Census Bureau reported on Wednesday. This print reversed the 0.5% contraction recorded in the previous month and came in above market expectations (+0.8%). On a yearly basis, Retail Sales were up 6.0% in this period.

Deutsche Bank’s Shreyas Gopal notes that Bank of England (BoE) meetings have repeatedly seen early market speculation on tightening fade as decisions approach, keeping the Pound stable and EUR/GBP in a narrow range.

Rabobank’s Senior Macro Strategist Bas van Geffen highlights that United Kingdom (UK) inflation matched expectations at 3.1% y/y, with higher energy and fuel prices driving the rise, while core and services Consumer Price Index (CPI) remained unchanged.

The US Dollar (USD) is trading with a firm undertone heading into the Federal Open Market Committee (FOMC) interest rate decision, supported by a relentless march higher in US Treasury yields that has pushed the 10-year yield to 5.00% and the 2-year yield to 4.66%.