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"Southeast Asian stock markets fell onTuesday ahead of a speech by Federal Reserve Chair Janet Yellenon Friday that could give some clues on the timing of a U.S.interest rate hike. Also, weighing on sentiment was declining oil prices, withGoldman Sachs warning that August's price rally had beenoverdone and that a proposed oil production freeze at currentnear-record levels would not help rein in an oversuppliedmarket. Indonesian stocks fell nearly 1 percent, draggeddown by technology and consumer cyclical stocks. IndoritelMakmur Internasional Tbk PT lost 2.8 percent, whileAstra International Tbk PT dropped 3 percent. The JCI (Jakarta Composite Index) is expected to move lowerin Tuesday's trading, Reliance Securities said, adding volatility was expected to remain high until the end of thisweek as investors awaited Yellen's speech. Yellen's address is in focus with no major U.S. economicdata due until Friday's second reading of gross domestic", www.reuters.com
"FILE - In this Oct. 8, 2014, file photo, a Wall Street address is carved in the side of a building in New York. European stock markets rose on solid economic data Tuesday, Aug. 23, 2016, while investors in Asia largely stayed on the sidelines ahead of a widely anticipated speech by the Fed chief. (AP Photo/Mark Lennihan, File)", www.wdtimes.com
"'Markets rise as investors await Yellen speech' on Yahoo7 Finance Australia. World markets ventured higher on Tuesday, as eurozone data encouraged a measure of optimism and anticipation built for a speech due Friday from the head of the US central bank. Janet Yellen, chair of the ...", au.finance.yahoo.com
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