European equities are poised for growth due to improving economic outlook. Asian markets see mixed performance, with Alibaba surging but Indonesian stocks tumbling. Dollar weakens, while European bonds face challenges. Silver hits $40, gold near all-time high. WTI crude futures rise. US markets closed for Labor Day.

Markets await US payrolls data; Fed rate cut expected. Court rules IEEPA tariffs illegal but stays in place until appeal. US payrolls expected to show modest increase; unemployment rate steady. Fed officials hint at rate cuts amid labor market risks. Trump’s attempt to remove Fed Governor Cook under scrutiny.

Asian markets weaken after Wall Street tech sell-off. Chinese stocks rise on Alibaba surge. China Manufacturing PMI hits 5-month high. S&P 500 hits record highs but ends week lower. US data mixed, boosting Fed rate cut expectations. French assets decline after confidence vote call. European bonds face challenges.

By Zerohedge.com.

Read more at Yahoo Finance: Markets Brace for Turbulent September