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European stocks are expected to open in negative territory on Thursday as regional markets continue to see-saw this week.

• No comment on specific FX levels
• But important for currency to move in a stable manner, reflecting fundamentals
• Will take into account if there is any discrepancy between own view and market view on rate hike expectations
• But believes that there is some distance from neutral rate currently
• Previous rate hikes have had very limited impact on Japanese economy as a whole
• Can’t deny possibility of reaching inflation target in latter half of fiscal year 2025

It’s a lot of words and a roundabout way of him reaffirming that he still has a hawkish bias for the most part. But again, he’s just stopping short of explicitly confirming that he will favour another rate hike proposition in two weeks’ time.

This article was written by Justin Low at investinglive.com.

Biometric screenings at airports are now preferred and expected by travelers, despite lingering concerns, according to a global survey.

The U.S. has taken steps to block one of Hong Kong’s largest phone companies from accessing the country’s domestic telecom networks over national security concerns.

He doesn’t want to confirm if he will favour the proposition to raise rates again in October, merely saying that he believes it to be “necessary to adjust degree off monetary easing to bring rates closer to neutral”. With Takaichi struggling to form a new government, this could be their final shot in trying to sneak in one more move just in case she starts to run the show.

Tamura also says that they are still monitoring incoming data, especially that on tariffs. And for now, he does not want to make any preconceptions on that with two weeks to go until the decision day.

This article was written by Justin Low at investinglive.com.

The United Kingdom (UK) docket has the Gross Domestic Product (GDP) and Industrial Production data for August to be released by the Office for National Statistics (ONS) on Thursday, later this session at 06:00 GMT.

• Calls for rates to be held steady unless there is a new shock

There’s nothing surprising here as he is just mostly reaffirming the current stance by the ECB in pausing on rate cuts.

This article was written by Justin Low at investinglive.com.

European Central Bank (ECB) policymaker and Slovenia’s central bank acting Governor Primoz Dolenc said on Thursday that the central bank should hold interest rates steady unless new shocks hit. Dolenc pushed back on arguments that inflation could fall too low without further easing.

Europe is planning to at least triple its data center capacity as part of a push to become a world-class AI hub.

Japan Tertiary Industry Index (MoM) came in at -0.4% below forecasts (-0.2%) in August