{
  "id": 3875359,
  "title": "Most Asian stocks advance as attention turns to Warsh speech",
  "url": "https://urgent.news/2026/08/28/most-asian-stocks-advance-as-attention-turns-to-warsh-speech",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-28T03:16:00.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/asia/stocks-advance-federal-reserve-warsh-speech-6346781"
  },
  "original_language": "en",
  "account": "Asian markets experienced an overall upward trend on Friday, Aug 28, as investors turned their focus towards Federal Reserve Chair Kevin Warsh's upcoming speech. The anticipation surrounding Warsh's address, which will be scrutinized for insights into potential interest rate changes amid high inflation and ongoing Middle East tensions, led to a surge in most Asian stocks.\n\nFollowing Nvidia's impressive earnings report, the spotlight has shifted to the broader economy and the Fed's possible decision on monetary policy. At the Fed's last meeting in July, while the central bank maintained interest rates, three dissenting members advocated for a rate hike. Despite a slight easing in inflation figures, it still remains significantly higher than the 2% target.\n\nRising energy costs, primarily driven by the Iran war, have kept long-term Treasury yields high, increasing the cost of government borrowing. Traders and investors are eagerly awaiting Warsh's speech at the Jackson Hole economic conference to gain clarity on the central bank's future decisions. However, Warsh's previous speech was criticized for being ambiguous, and analysts warn that his lack of forward guidance may disappoint investors.\n\nStephen Innes of Quintix Intel considers the speech, Warsh's first as Fed chair, as one of the most significant central bank announcements this year, occurring nearly three weeks before the next policy decision. Recent data has somewhat alleviated the urgency for more aggressive policy tightening, providing Warsh with an opportunity to reaffirm the Fed's commitment to inflation control without hinting at immediate action.\n\nThe speech comes at a challenging time for monetary policy, with inflation persistently above the target for six consecutive years and Fed officials debating the need for tighter measures. Asian equity markets showed resilience in early trading, with most markets, including Tokyo, Hong Kong, Shanghai, Sydney, Singapore, Jakarta, and Taipei, posting gains. Despite Wall Street's positive lead driven by the tech sector, oil prices experienced a slight decline but remain vulnerable to further price spikes due to the ongoing conflict in the Strait of Hormuz.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 9,
    "also_reported_by": [
      {
        "outlet": "Yahoo Finance",
        "title": "3 ETFs to Buy Before Jackson Hole (and 1 Group of Stocks to Sell)",
        "url": "https://urgent.news/2026/08/26/3-etfs-to-buy-before-jackson-hole-and-1-group-of-stocks-to-sell",
        "published": "2026-08-26T15:33:04.000Z"
      },
      {
        "outlet": "The Economic Times - Top News",
        "title": "Global Market Today: Asian shares slip as US stock futures dip ahead of Warsh’s Jackson Hole speech",
        "url": "https://urgent.news/2026/08/28/global-market-today-asian-shares-slip-as-us-stock-futures-dip-ahead",
        "published": "2026-08-28T00:42:27.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "Shares turn cautious ahead of Warsh speech; FX, bonds hold breath",
        "url": "https://urgent.news/2026/08/28/shares-turn-cautious-ahead-of-warsh-speech-fx-bonds-hold-breath",
        "published": "2026-08-28T01:56:38.000Z"
      },
      {
        "outlet": "Vietnam Investment Review",
        "title": "Two finishes one kitchen what the US cabinet market now expects from Southeast Asian manufacturers",
        "url": "https://urgent.news/2026/08/28/two-finishes-one-kitchen-what-the-us-cabinet-market-now-expects-from",
        "published": "2026-08-28T02:00:02.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Shares turn cautious ahead of Warsh speech; FX, bonds hold breath",
        "url": "https://urgent.news/2026/08/28/shares-turn-cautious-ahead-of-warsh-speech-fx-bonds-hold-breath-3874488",
        "published": "2026-08-28T02:29:40.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Most Asian stocks advance as attention turns to Fed’s Warsh speech",
        "url": "https://urgent.news/2026/08/28/most-asian-stocks-advance-as-attention-turns-to-feds-warsh-speech",
        "published": "2026-08-28T02:59:41.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Indian rupee to hold near 95.50; RBI blunts flow-driven pressure before Warsh speech",
        "url": "https://urgent.news/2026/08/28/indian-rupee-to-hold-near-95-50-rbi-blunts-flow-driven-pressure",
        "published": "2026-08-28T03:11:14.000Z"
      },
      {
        "outlet": "Al-Monitor",
        "title": "Most Asian stocks advance as attention turns to Warsh speech",
        "url": "https://urgent.news/2026/08/28/most-asian-stocks-advance-as-attention-turns-to-warsh-speech-3879777",
        "published": "2026-08-28T03:30:23.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}