Asian stock markets experienced a notable rise as easing US inflation rates and declining oil prices alleviated concerns regarding potential interest rate hikes. South Korea’s Kospi Index surged, reflecting a positive trend seen in US technology shares. In the US, wholesale inflation dropped more than expected, impacting Treasury yields, while Federal Reserve officials expressed differing views on interest rate strategies.
Yen’s slide to weekly loss prompts bets for another intervention
The Japanese yen is facing its steepest drop in three months, prompting traders to expect more government action to support its value. Key to this
August 14, 2026