Asian stocks turned in a mixed performance on Thursday as Chinese industrial profits data disappointed and firmer-than-expected U.S. inflation data kept expectations for a Fed rate hike by year-end live.
The U.S. dollar moved in a narrow range ahead of Kevin Warsh’s first Jackson Hole speech as Fed Chair on Friday that could provide further clues on the path for U.S interest rates.
Gold was steady at $4,598 an ounce after a pullback on Wednesday. Brent crude futures slipped toward $87 a barrel, extending losses for a fourth consecutive session on easing supply concerns.
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Asian Shares Mixed As Markets Brace For Warsh’s Jackson Hole Debut
2026-08-27 08:41:46
