Powell Speech: Markets Await Rate Cut Clues

Will Powell signal a September rate cut? Asian stocks are up slightly as investors await Powell's Jackson Hole speech for clues amidst job market worries. The yen and dollar are steady, but a hawkish Powell could boost the dollar and dash rate cut hopes. Oil dips, gold flat, and the euro gains on a new EU-US trade deal. All eyes on Powell! Hosted on Acast. See acast.com/privacy for more information.