20260824 Global Economic Issues

🗂Market Watching Ahead of Jackson Hole Speech, US Treasury Yields Close Slightly Higher With market caution reaching its peak ahead of the Global Economic Policy Symposium, the US 10-year Treasury yield saw a slight rebound to around 4.73%. Expectations that a cautious stance will be maintained regarding the monetary policy path and the extent of interest rate cuts are gaining traction, highlighting renewed volatility in the Treasury market. 🗂Tensions Over Trump Administration's Sanctions on Iran and Brent Crude Holding at $87/barrel Amid ongoing concerns about supply disruptions in the Middle East and the US's intensifying sanctions on Iran, international oil prices (WTI) closed trading at around $87 per barrel. The slowing pace of commodity price declines suggests that concerns about inflation stabilizing downwards have not completely disappeared. 🗂Nvidia Earnings and July PCE Announcement Pending Amid Big Tech Valuation Concerns A cautious sentiment is deepening, particularly around high-valuation tech stocks, as the earnings season for major AI companies concludes and the July Personal Consumption Expenditures (PCE) price index is awaited.