August 28, 2026 8:14 AM

Shares turn cautious ahead of Warsh speech; FX, bonds hold breath

Shares in Asia turned cautious on Friday after a Nvidia-fuelled technology rally, while currency and bond markets held their breath for the world's most powerful central banker to speak on U.S. interest rates. Oil prices were headed for weekly losses as Iran and Oman had agreed on administering traffic in the Strait of Hormuz and sharing revenues, though Washington has shown little interest in reviving direct talks with Tehran. Brent eased 0.1% to $89.63 a barrel but was set for a weekly drop o...