UK gilts fell after Bank of England Decision-Maker Panel (DMP) data showed firms’ one-year own-price inflation expectations eased to 3.8% in the three months to August from 3.9% in the three months to July. Economists at Pantheon said the DMP print could prompt Monetary Policy Committee (MPC) members to keep policy rates unchanged near term while awaiting further inflation data. The 10-year gilt yield fell from 5.171% to 5.140%.

HSBC raises Snowflake (SNOW.N) PT to $470 from $289.

On the afternoon of Sept. 4, China's Ministry of National Defense spokesperson Colonel Jiang Bin said recent Taiwanese defense reports exaggerate a "mainland threat" and serve as an excuse for the Democratic Progressive Party to stoke war anxiety. He reiterated that the PLA routinely conducts ships-and-aircraft combat-readiness patrols around Taiwan to carry out anti-secession and anti-interference operations to safeguard China's sovereignty and territorial integrity, and warned any attempt to pursue independence by force would fail.