- Investors worried about signals of a significant economic downturn despite the federal reserve continuing its monetary tightening course, which caused a decline in US stock-index futures and a rise in the currency.
- After the equity benchmarks increased on Monday, the contracts for the S&P 500 and NASDAQ 100 indexes in September decreased by 0.2% apiece. Due to economic headwinds that cast doubt on both the demand outlook and the likelihood of an increase in supply, crude oil prices declined. The dollar fluctuated between gains and losses before finishing higher. Chinese stocks that are American-listed fell in premarket trading.
- A brief period of confidence in the equity markets was caused by a severe loss in new york state manufacturing, the second-worst reading since 2001, and the longest run of declines in homebuilder morale since 2007. However, it was quickly eclipsed by worries of a recession and the notion among some traders that the Fed may continue its tightening despite a slowdown.
- US military: We carried out a routine test of unarmed minuteman iii intercontinental ballistic missile to show the readiness of US nuclear forces.
- German Economy Minister Habeck: MOU safeguards that two Floating Storage Regasification Unit will be fully supplied by March 2024.
- Germany, Uniper, VNG and RWE sign MOU on LNG supply of floating terminals in Brunsbuettel and Wilhelmshaven.
