Market Update US, Europe & Asia

Latest edition · August 28, 2026

market update us europe asia

Global equity markets showed divergent performance on August 28, 2026, as US markets gained led by AI and enterprise software earnings, while European markets finished lower. Macro attention centered on hawkish central bank signals from Asia and Europe alongside anticipation of Fed Chair Warsh's speech at Jackson Hole.

Global equity markets traded mixed with US tech outperforming on strong earnings and forward guidance from Nvidia, Okta, Salesforce, and CrowdStrike, dampening concerns around AI disruption. European indices closed mostly lower despite tech gains, dragged down by Food & Beverage, Real Estate, and Financials. On the macro front, Asian central banks in South Korea and the Philippines raised benchmark rates by 25 bps to manage inflation, German consumer sentiment showed modest improvement, and investors positioned cautiously ahead of Fed Chair Warsh's Jackson Hole address.

Key takeaways from the latest edition

• 1.A strong tech rally driven by AI monetization momentum and solid software earnings buoyed US markets, led by Nvidia's outlook and beats from Okta, Salesforce, and CrowdStrike.
• 2.European equity markets closed lower despite outperformance in technology, while construction, real estate, banks, and insurance lagged ahead of Fed Chair Warsh's Jackson Hole address.
• 3.Central banks remain in focus as ECB July minutes show vigilance on inflation risks, the Bank of Korea and the Philippines central bank both hiked policy rates by 25 bps, and markets await Jackson Hole commentary.

What this series covers

• Market Barometer
• U.S. Markets Recap
• Synopsis
• Macro
• Notable Movers
• EU Market Recap
• Asian Markets
• Disclaimer

Edition archive

• market update us europe asia

  August 28, 2026

• market update us europe asia

  August 17, 2026

• market update us europe asia

  August 10, 2026