Asia Roundup: Yen barely moves after BOJ comments on possible rate hikes, Asian stocks gain, Gold drifts higher, Oil extends losses-August 27th,2026

Yen markets were steady after Bank of Japan comments that left room for possible rate hikes, while Asian stocks generally gained and gold drifted higher. In Australia, private capital expenditure fell 3.6% quarter-on-quarter, while plant and machinery spending dropped 8.9% and building capital expenditure rose 2.1% month-on-month. Attention across currencies turned to the U.S. Federal Reserve: upcoming remarks from Chair Kevin Warsh at the Jackson Hole symposium on Friday are expected to shape expectations after U.S. inflation held steady in July above the Fed’s 2% target. CME FedWatch showed a 36.1% probability of a September rate hike and 72.1% by December, keeping FX moves choppy.