Jackson Hole and Index

hong: Trade and military tensions between those two countries are intensifying, according to CNN. Powell will speak Friday at an economic meeting in Jackson Hole, Wyoming. Hong Kong's Hang Seng Index HSI advanced 0.6%, while China's Shanghai Composite Index SHCOMP also gained 0.6%. Japan'sNikkei N225 rose 0.2%, while South Korea's Kospi KOSPI was flat. He is facing political pressure from US President Donald Trump and expectations to deliver more rate cuts. Read More South Korea, meanwhile, said Thursday it would scrap its military intelligence-sharing agreement with Japan, an escalation in a trade dispute between the two countries that threatens global supply chains for smartphones and other gadgets. The danger is that ... Powell disappoints markets and isn't nearly as dovish as the street is hoping, wrote Jeffrey Halley, senior market analyst at Asia Pacific for Oanda, in a research note Friday. (news.financializer.com). As reported in the news.