European Central Bank (ECB) Governing Council member Boris Vujcic, speaking in Marrakech, Morocco, cautioned that it might be premature to declare a win over inflation due to the changing economic conditions in the euro-zone. Vujcic underlined the need for patience and highlighted the importance of wage data from early 2024 in understanding consumer prices. He also expressed interest in spring 2024 data for a better grasp of labor-market pressures and wage-growth trends.

Federal Reserve Bank of Boston President Susan Collins said Wednesday while the odds of the economy escaping a recession have grown, it’s possible the central bank is not done with interest rate hikes aimed at bringing inflation back to its target.

 Most Japanese companies expect a slowdown in China's economy to persist into 2025, with nearly two thirds of firms that operate there looking to shift some production elsewhere in search of sales in other markets, according to a Reuters monthly poll.

Japan core machinery orders fell for a second straight month in August, suggesting worries about a global economic slowdown and China's wobbly recovery may be hurting companies' appetite to make fresh investments.

Federal Reserve Bank of Boston President Susan Collins on Wednesday said central bank rate rises are still working through the economy.

The dollar was rooted near a two-week low on Thursday following minutes from the last U.S. Federal Reserve meeting that showed policymakers taking a cautious stance and as investors awaited key inflation data.