20260825 Global Economic Issues

🗂Tightening Concerns Resurface Ahead of Jackson Hole Speech, New York Stocks Flat Ahead of Federal Reserve Chair Jerome Powell's speech at the Jackson Hole meeting, concerns about the possibility of maintaining a tightening monetary policy have intensified. Amidst weak U.S. economic indicators, investor sentiment cooled, leading major New York stock indices to close mixed and slightly down, with upward pressure limited. 🗂US Treasury Yields and Dollar Index Consolidate Amid Wait-and-See Approach The rise in U.S. Treasury yields has temporarily paused due to uncertainty surrounding the direction of monetary policy. The dollar index, which measures the dollar's value against major currencies, also fluctuated slightly around the 98 mark, reflecting a strong wait-and-see attitude as market participants await the Jackson Hole outcomes. 🗂Oil Prices Rebound on OPEC+ Production Cut Possibility and Geopolitical Risks International oil prices have strengthened again following hints of production cuts from oil-producing nations and ongoing geopolitical risks in the Middle East. Consequently, profit-taking funds have flowed into energy and resource-related sectors, stimulating upward inflationary pressure.