- The Euro fell to a two-decade low, while the dollar rose. The pound held stable after the Conservative Party of the United Kingdom named Liz Truss as its leader, paving the route for her to become Prime Minister. Investors are already concerned about her proposal to turbo-charge the economy by lowering taxes, despite double-digit inflation.
- The Stoxx Europe 600 index fell when Russia's Gazprom suspended its vital gas pipeline indefinitely, but it rebounded from its lows as energy stocks rose. Wall Street equity futures rose after the worst week for global stocks since June. Because of Labor Day, cash treasuries and US stocks are closed.
- Oil rose when OPEC+ unexpectedly decided to cut a modest amount of oil output in October. Bitcoin has fallen below the $20,000 mark in several markets. Gold had hardly altered.
