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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

Asian Markets Rise with Eyes on China, Fed Speech

China Jerome Powell Economy US Federal Reserve Inflation Jackson Hole Wyoming Xinhua
File: Traders looking at stock exchange graphs. AFP/Jung Yeon-je

Asian markets rose Thursday after China unveiled fresh measures to boost its economy, while investors awaited a speech by the Fed chair that may hold clues about future rate hikes.

Central bankers are meeting in Jackson Hole in the US state of Wyoming, and all eyes are on Federal Reserve boss Jerome Powell's Friday speech for clues about its plans to tame inflation, AFP said.

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