Global markets are trading mixed ahead of Fed Chair Jerome Powell’s highly anticipated speech later in the week. Shares in France, Britain and Germany gained in early trading on Wednesday. Benchmarks finished higher in Tokyo, Sydney and Hong Kong while declining in Seoul and Shanghai. Powell is set to speak Friday at an event in Jackson Hole, Wyoming, the site of several major policy announcements by the Fed. Attention is also on what the People’s Bank of China might do next on monetary policy. Investors are also awaiting the earnings report from U.S. chipmaker Nvidia, one of Wall Street’s most influential stocks.
