๐Ÿ“Š Mixed Trends Emerge as Markets Await Powell's Speech. ๐Ÿ“Š

$ETH $RONIN $BONK ๐ŸŒโคด๏ธ๐Ÿช™

As investors eagerly await Federal Reserve Chair Jerome Powell's highly anticipated speech at the Jackson Hole symposium, mixed trends have emerged across various markets ๐Ÿค”.

๐Ÿ“‰ Asian Stock Markets Decline ๐Ÿ“‰

Asian stock markets broadly fell, with:

- Tokyo's Nikkei 225 down 0.6%

- Hong Kong's Hang Seng Index down 0.4%

- Shanghai Composite down 0.3%

๐Ÿ“Š European Stock Futures Mixed ๐Ÿ“Š

European stock futures were mixed, with:

- Euro Stoxx 50 futures up 0.1%

- FTSE 100 futures down 0.2%

- DAX futures flat

๐Ÿ’ธ Currency and Commodity Markets ๐Ÿ’ธ

- The dollar fell slightly against major currencies

- Treasury yields declined, with the 10-year yield down 1.5 basis points

- Gold rose 0.2% to $1,515.50 an ounce

- Oil futures fell, with Brent crude down 0.5% to $59.30 a barrel

๐Ÿ“Š Investor Expectations ๐Ÿ“Š

Investors expect the Fed to lower interest rates in September, but are split on the size of the cut. Powell's speech could provide a clearer signal about the future direction of interest rates, which would impact the markets ๐Ÿ“ˆ.

๐Ÿ”œ What's Next? ๐Ÿ”œ

As the markets await Powell's speech, investors are bracing for potential volatility. Will Powell's words calm or stir the markets? The next few hours will be crucial in determining the short-term market direction โฐ.