CNBC Daily Open: Soft landing in sight?

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe  here .

Summer ended green
The three major U.S. indexes climbed Friday, making August another month in the green for them, despite the sharp sell-off at the start of the month. Asia-Pacific markets were mixed Monday. China's Shanghai Composite dropped around 0.6% and Hong Kong's Hang Seng index lost 1.53% on the back of China's manufacturing PMI reading for August, which dropped to a six-month low.

Season for rate cuts
After interest rates globally rose to their highest in decades, central banks – most prominently the U.S. Federal Reserve – are poised to start cutting rates, or continue reducing them, as in the case of the European Central Bank and the Bank of England, among others. Here's what it means for the global economy and markets.

BYD speeds past rivals
Chinese electric vehicle manufacturer BYD sold a record 370,854 passenger vehicles in August. That's 30% higher than the year earlier, bucking the trend of weakening EV sales in China. Sales of Li Auto and Nio, rival Chinese EV manufacturers, dropped in August as compared with July.

(Monkey) King of games
Black Myth: Wukong is an action game developed by Chinese developer Game Science. It's China's first AAA game and is a smash hit, selling more than 10 million units three days after launching. It's a sign China's game industry is becoming competitive globally, posing a challenge to U.S. and Japanese companies that have dominated the field.

[PRO] Action-packed September
It's going to be a packed month ahead, CNBC Pro's Yun Li notes. The U.S. Federal