Fed-rate fears hit risk assets: Strong US August jobs data pushed September hike odds to 58%, sparking a broad selloff in US stocks and lifting pressure on bond markets. Bond-market stress watch: Scope Ratings flagged a potential “bond market crisis” risk if central banks can’t stay hands-off as yields climb to multi-decade highs, with knock-ons for mortgages and government funding. Crypto meets macro: Bitcoin hovered near $79,000 as traders looked to next week’s US inflation data; analysts said a softer CPI could revive rate-cut hopes, while hotter prints would weigh on crypto valuations. FX and rates in Asia: Malaysia’s ringgit and regional currencies may face pressure next week as US NFP strengthens the dollar; Malaysia’s central bank kept its OPR at 2.75%. Global sanctions and dollar dominance: US Treasury escalated sanctions on a Turkish bank tied to Iran financial links, adding to the debate over how dollar power reshapes global payment routes. AI and markets: Foxconn lifted its outlook for Q3 on AI demand, while investors continued rotating into AI-linked semiconductors and software themes. India market plumbing: SEBI’s CAS disruption support helped Indian capital-market stocks rebound, while IPO calendars show companies rushing listings ahead of regulatory timelines.