Most Federal Reserve officials expect to once again raise interest rates before the end of the year, according to the minutes of the central bank's September monetary policy meeting released on Wednesday. The Fed said, "Most participants assessed that another increase in the target range for the federal funds rate would likely be appropriate by year end."

India's central bank hiked interest rates for the first time in nearly four years and shifted the policy stance to "calibrated tightening", suggesting that policymakers have embarked on a rate-hiking cycle as the economy navigates a myriad of worries including surging oil prices, poor monsoon, weaker rupee and the geopolitical tensions worldwide.

The Japanese yen strengthened against other major currencies in the European session on Wednesday, following hawkish remarks by Bank of Japan (BoJ) board member Ayano Sato.

Germany's industrial production rebounded in August despite summer heatwave and geopolitical tensions, official data showed Wednesday. Industrial output expanded 2.0 percent on a monthly basis, in contrast to the 1.2 percent decrease in July, Destatis said. Production was expected to grow 0.5 percent.

UK house prices remained unchanged in September after falling for two straight months amid higher interest rate expectations, monthly data published by Lloyds Banking Group showed Wednesday. House prices were flat in September on a monthly basis, following a 0.3 percent fall in August and a 0.1 percent drop in July.

A report released by the Commerce Department on Tuesday showed the U.S. trade deficit widened by more than expected in the month of August. The Commerce Department said the trade deficit increased to $105.6 billion in August from a revised $92.8 billion in July.

Germany's factory orders declined sharply in August largely due to the fall in demand for aircraft, ships, trains and military vehicles, official data revealed Tuesday. Factory orders plunged 10.6 percent from the previous month, in contrast to the 3.2 percent rise in July, Destatis reported. Orders were forecast to decrease moderately by 0.9 percent.

The euro strengthened against other major currencies in the European session on Tuesday, as European stocks traded higher as Brent crude prices dipped below $100 a barrel on signs of resilient Middle Eastern crude exports and Euro zone bond yields fell, helping reduce the spread between French and German 10-year yields.

The UK construction sector shrank at the slowest pace in eight months in September, survey data from S&P Global showed Tuesday. The construction Purchasing Managers' Index rose to 46.1 in September from 44.3 in August. However, a score below 50.0 indicates contraction.

A report released by the Institute for Supply Management on Monday showed a modest slowdown in the pace of growth in U.S. service sector activity in the month of September. The ISM said its services PMI dipped to 54.9 in September after rising to 55.4 in August, although a reading above 50 still indicates growth. Economists had expected the index to edge down to 55.0.

The euro area private sector expanded at the fastest pace in nearly three-and-a-half years in September amid rising demand and employment, final purchasing managers' survey data from S&P Global showed Monday. The composite output index posted 53.1 in September, in line with flash estimate, and above August's 52.0.

The U.S. Dollar extended gains against major currencies during the week ended October 2 as yields on long-dated U.S. treasuries jumped to multi-decade highs. Though softer-than-expected PCE inflation readings as well as a disappointing job market update toned down rate hike expectations from the Federal Reserve, the dollar closed the week's trading on a strong positive note.

Eurozone investor confidence deteriorated in October as weakening expectations raised concerns about the economic recovery, survey data from the behavioral research institute Sentix showed Monday. The Sentix investor confidence fell more-than-expected to 2.7 in October from 5.1 in the previous month. The score was seen at 4.5.

Japan's service sector expanded at a slower pace in September due to weaker increase in business activity and sales, final purchasing managers' survey results from S&P Global showed Monday. The final services Purchasing Managers' Index fell to 51.3 in September from a five-month high of 52.5 in August.

A report released by the Commerce Department on Friday showed a slight uptick in new orders for U.S. manufactured goods in the month of August. The Commerce Department said factory orders crept up by 0.1 percent in August after climbing by a downwardly revised 0.8 percent in July.

The Labor Department released a closely watched report on Friday showing employment in the U.S. increased by much less than expected in the month of September. The report said non-farm payroll employment rose by 29,000 jobs in September after jumping by a downwardly revised 133,000 jobs in August. Economists had expected employment to increase by 85,000 jobs.

The Swiss franc strengthened against other major currencies in the pre-European session on Friday, with rising government debt among the world's top nations and strong fiscal position of Switzerland.

Eurozone inflation accelerated more than expected to a three-year high in September on energy prices, flash estimate from Eurostat showed Friday. Inflation rose to 3.8 percent in September, marking the highest since September 2023, from 3.2 percent in August. The rate was forecast to climb to 3.7 percent.

A report released by the Commerce Department on Thursday showed an unexpected increase in U.S. construction spending in the month of August. The Commerce Department said construction spending climbed by 0.9 percent to an annual rate of $2.203 trillion in August after edging down by 0.1 percent to a revised rate of $2.185 trillion in July.

Manufacturing activity in the U.S. expanded for the ninth consecutive month in September, according to a report released by the Institute for Supply Management on Thursday. The ISM said its manufacturing PMI edged down to 54.5 in September from 54.6 in August, but a reading above 50 still indicates growth. Economists had expected the index to inch up to 55.0.

A day ahead of the release of its more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended September 26th. The Labor Department said initial jobless claims slipped to 197,000, a decrease of 1,000 from the previous week's revised level of 198,000.

The euro area manufacturing activity strengthened in September as production and new orders grew at their sharpest rates since early 2022, final survey results from S&P Global showed Thursday. The final manufacturing Purchasing Managers' Index rose to 52.9 in September from 52.7 in the previous month.

UK house prices dropped unexpectedly in September as geopolitical tensions and rising energy prices add fears of interest rate hikes, data from the Nationwide Building Society revealed Thursday. House prices fell 0.2 percent on a monthly basis in September, offsetting a 0.2 percent rise in August. Prices were forecast to remain flat.

Germany's consumer price inflation accelerated for a third month in September to reach its highest level in nearly three years on the back of a surge in energy prices, yet the European Central Bank is likely to seek more evidence to establish second-round effects of the fuel price shock on the real economy before raising interest rates again.

A report released by MNI Indicators on Wednesday showed a substantial rebound by its reading on Chicago-area business activity in the month of September. MNI Indicators said its Chicago business barometer spiked to 58.8 in September from 47.1 in August, with a reading above 50 indicating growth. Economists had expected the index to jump to 51.0.