{
  "id": 3881171,
  "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-3881171",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-28T02:45:00.000Z",
  "source": {
    "name": "Bangkok Post Business",
    "slug": "bangkok-post-business",
    "url": "https://www.bangkokpost.com/business/investment/3309619/most-asian-stocks-advance-as-attention-turns-to-warsh-speech"
  },
  "original_language": "en",
  "account": "Asian stocks experienced a general upward trend on Friday as investors anticipated a significant speech from the United States Federal Reserve boss, Kevin Warsh, who will provide insights into the potential trajectory of interest rates amid persistent inflation and ongoing geopolitical tensions. The excitement surrounding Nvidia's impressive earnings report had waned, shifting focus towards the broader economic outlook. The U.S. central bank had maintained interest rates steady in the previous meeting, but dissenting voices advocated for a rate increase, and despite a slight easing of inflation, it still remained substantially above the 2% target.\n\nThe Federal Reserve's meeting in July saw mixed reactions, with some officials expressing cautious optimism, while others remained skeptical about the effectiveness of current policies. Warsh's upcoming speech at the Jackson Hole annual meeting, where central bankers and economic leaders convene, holds considerable weight for investors seeking clarity on decision-makers' perspectives. However, his previous speech following the July meeting was criticized for offering ambiguous guidance, and analysts suggest that his failure to provide forward guidance may leave investors disappointed.\n\nStephen Innes from Quintex Intel deemed Warsh's speech as the most crucial central bank address left this year, occurring nearly three weeks prior to the next policy announcement. Recent economic data have somewhat alleviated the urgency for stricter policies, allowing Warsh the opportunity to reaffirm the Fed's commitment to fighting inflation without hinting at imminent actions. The speech arrives amidst a challenging policy landscape. Inflation has remained above the target for six consecutive years, while Fed officials have begun deliberating on the potential necessity of tighter policies. Despite this, Asian equity markets demonstrated resilience in early trading, with several major economies, including Tokyo, Hong Kong, Shanghai, Sydney, Singapore, Jakarta, and Taipei, witnessing positive gains. However, Seoul experienced a decline alongside Wellington and Manila. Wall Street had set a positive tone earlier in the day, with all three major indexes surging, although the strength was primarily driven by the tech sector, the sole among 11 industries to show an upward movement.\n\nOil prices experienced a slight decline but continue to face the risk of further escalation as investors await news on the possibility of reopening the Strait of Hormuz to allow tanker and cargo traffic. The U.S. has vowed to exert additional economic pressure on Iran to facilitate the reopening of the waterway, which constitutes a fifth of global oil transportation, after six months of conflict. However, diplomatic efforts to achieve a resolution have thus far proven unsuccessful.",
  "summary": "HONG KONG - Asian stocks mostly rose on Friday ahead of a closely watched speech by United States Federal Reserve boss Kevin Warsh that investors will be parsing for clues about the outlook for interest rates amid elevated inflation and no sign of an end to the Middle East crisis.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Winnipeg Free Press",
        "title": "Asian shares mostly gain after upbeat results for Nvidia and others lift US stocks",
        "url": "https://urgent.news/2026/08/28/asian-shares-mostly-gain-after-upbeat-results-for-nvidia-and-others",
        "published": "2026-08-28T04:08:46.000Z"
      },
      {
        "outlet": "Hindu BusinessLine",
        "title": "Markets open higher; IT stocks lead gains as investors await Warsh's Jackson Hole speech",
        "url": "https://urgent.news/2026/08/28/markets-open-higher-it-stocks-lead-gains-as-investors-await-warshs",
        "published": "2026-08-28T04:20:57.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Asia FX, dollar muted ahead of Warsh speech; won hits 13-mth high post BOK hike",
        "url": "https://urgent.news/2026/08/28/asia-fx-dollar-muted-ahead-of-warsh-speech-won-hits-13-mth-high-post",
        "published": "2026-08-28T04:53:24.000Z"
      }
    ]
  },
  "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."
}