Asian benchmarks trade mixed ahead of US Fed chair's speech
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asian shares traded mixed Thursday, despite some optimism following a rally on Wall Street on better-than-expected profit reports from major companies. Trading is likely to stay relatively quiet ahead of the annual conference of central bankers at Jackson Hole, Wyoming, where Federal Reserve Chair Jerome Powell will give a much-anticipated speech. The hope is he’ll offer clues about how deeply and quickly the Fed will begin cutting interest rates in September after it jacked them to a two-decade high to beat inflation.