Asian markets swing as traders prepare for US jobs data

As a rollercoaster week drew to a close, debate centred on the Federal Reserve's plans for interest rates when it meets in less than a fortnight, with most observers expecting a 25-basis-point cut. However, analysts say it could go twice as big if the non-farm payrolls report for August comes in well below forecasts as a series of recent figures suggest the economy is slowing more sharply than initially thought. A big miss in July's reading fanned fears of a recession and was a key driver of the rout across markets at the start of last month.