Global Market Today: Asian shares mixed, dollar dips as Fed hike bets ease

August 17, 2026

The dollar experienced a decline following disappointing US economic indicators, leading to less anticipation for interest rate hikes. Treasury yields dropped universally as retail sales saw a significant downturn. Meanwhile, oil prices reversed their upward trend as traders sought new market signals. In Asia, stock markets showed little variation amid careful monitoring of Middle Eastern affairs, with ongoing geopolitical tensions impacting global investor confidence.

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