Stocks of some Indian banks show widest exchange price gap in decades

• US stock futures remained flat and bond yields rose as investors awaited a key address from Fed chief Kevin Warsh. • Warsh is scheduled to deliver a speech at the Jackson Hole symposium today at 10:00 AM ET.

• Asian stock markets traded mostly higher on Friday, following positive momentum from Wall Street and the tech-heavy Nasdaq. • Gains were partially offset by rising crude oil prices, which have renewed investor concerns regarding inflation.

• Asian stocks, specifically equity-index futures for South Korea and Hong Kong, are expected to open lower on Friday, August 28, while Japanese futures remain flat. • The cautious sentiment follows a rally in US technology stocks driven by a strong outlook from Nvidia.

• Gold prices declined 0.16% to trade at $4,594, remaining below key moving averages as market participants await the upcoming Jackson Hole symposium. • Technical indicators show a mixed outlook, with the MACD in a strong sell configuration and the RSI at 48.63, suggesting mild bearishness.

• Global stock markets mostly rose on Friday as investors sought guidance on future interest rate trajectories amid persistent inflation. • Market attention has shifted from the recent euphoria surrounding Nvidia's strong earnings report to an upcoming policy speech by US Federal Reserve Chair Kevin Warsh.

• Federal Reserve Chair Kevin Warsh signaled on Friday, Aug. 28, 2026, that the central bank may raise interest rates in the coming months. • Speaking at the annual Jackson Hole Economic Policy Symposium, Warsh stated that U.S. inflation remains stubbornly elevated and is still too high.

• Fed Chairman Kevin Warsh used the Jackson Hole symposium to clarify his stance on inflation and signal the potential for higher interest rates. • Warsh addressed recent critiques regarding his core mission, specifically countering interpretations that he intended to change the Fed's long-term 2% inflation target.

• US Federal Reserve Chairman Kevin Warsh described current inflation levels in the United States as "concerning" during his opening remarks on Friday. • Speaking at a key central bankers' meeting in Jackson Hole, Wyoming, Warsh emphasized that the Fed's "predominant focus right now should be on prices."

• The Nifty index is expected to face downward pressure this Monday following hawkish inflation warnings issued by US Fed Chairman Kevin Warsh at the Jackson Hole symposium. • Market volatility is being driven by a combination of elevated US bond yields, a strengthening US dollar, and rising crude oil prices.

• Federal Reserve Chair Kevin Warsh stated on Friday that high inflation in the U.S. remains "concerning" and must be the central bank's predominant focus. • The Fed has failed to meet its long-term 2% inflation target for over five years, with the most recent preferred gauge reaching 3.7%.

• US stock indices remained steady on August 28, 2026, as investors reacted to Federal Reserve Chairman Kevin Warsh's address at the annual Jackson Hole symposium in Wyoming. • During his speech, Warsh warned policymakers and economists that inflation risks remain persistent, contributing to a cautious mood across the markets.