{
  "id": 3880002,
  "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",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-28T02:59:41.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/08/28/most-asian-stocks-advance-as-attention-turns-to-fed-s-warsh-speech"
  },
  "original_language": "en",
  "account": "Asian stock markets experienced an overall upward trend on Friday, as market participants focused on the upcoming speech by Federal Reserve Chairman Kevin Warsh at the Jackson Hole conference. Investors sought clues from the speech regarding the central bank's stance on interest rates, given the persistently high inflation and ongoing tensions in the Middle East. After a surge in Nvidia's earnings, the initial excitement had waned, prompting a renewed emphasis on the broader economic outlook and the Fed's potential policy actions.\n\nAt the July Federal Reserve meeting, policymakers decided to keep interest rates unchanged, but three members advocated for a rate hike. Despite a slight easing of inflation figures, inflation remained well above the Fed's two percent target, fueling concerns about prolonged price pressures. The situation was exacerbated by a surge in energy costs stemming from the ongoing conflict in Iran, which has driven up long-term Treasury yields and increased the cost of borrowing for the government.\n\nWarsh's speech, occurring almost three weeks before the next policy decision, was considered the most consequential central bank address left this year. However, his previous remarks following the July meeting were deemed ambiguous, and analysts warned that his reluctance to provide forward guidance could leave investors disappointed. Stephen Innes of Quintix Intel highlighted the significance of the speech, noting that it would allow Warsh to reiterate the Fed's commitment to fighting inflation without giving away any signs of imminent rate tightening.\n\nAsian equity markets saw broad-based gains at the opening bell, with major economies such as Tokyo, Hong Kong, Shanghai, Sydney, Singapore, Jakarta, and Taipei all posting positive results. However, Seoul and Wellington experienced declines, alongside Manila. While Wall Street had initially provided a supportive backdrop, the rally was primarily driven by the tech sector, which comprised the sole advancing segment among the 11 major indices. Oil prices experienced a slight downward trend but remained vulnerable to further volatility as investors awaited breakthroughs in efforts to restore the Strait of Hormuz to open trade after six months of maritime restrictions.",
  "summary": "Investors will parse the US central bank’s outlook for clues on interest rates amid elevated inflation and the Middle East crisis.",
  "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-3881817",
        "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."
}