Investors are anxiously awaiting Federal Reserve Chair Jerome Powell’s keynote address at the Jackson Hole Economic Policy Symposium. Recent market trends include rising U.S. Treasury yields, a stronger dollar—particularly against the yen—and heightened uncertainty about a near-term interest rate cut, despite lingering inflation. Meanwhile, Chinese tech stocks are buoying Shanghai markets, Europe is cautiously optimistic about a U.S.–EU trade framework, and political strains continue to affect Japan’s bond yields.
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