In addition to the US Fed, the central bank of Norway also lowered its interest rates by 0.25%, while the Bank of England chose to keep its rates unchanged this week. Kuehne+Nagel shares dropped by 5.3% after Deutsche Bank lowered its rating on the Swiss logistics company from "Buy" to "Hold." This happened because, even though the Bank of Japan decided to keep interest rates unchanged, two of its board members voted in favor of a rate increase. At the same time, the central bank also announced plans to sell off its holdings of exchange-traded funds and real estate trusts. The offshore Chinese yuan was largely stable at 7.1111 per dollar, while the Australian dollar slipped by 0.3% to $0.6594.