Economy / Markets
European shares turn cautious ahead of Warsh's first Jackson Hole keynote
Asian and European equities traded cautiously on Friday morning with currency and bond markets holding their breath for Kevin Warsh's first Jackson Hole keynote as Fed chair. S&P 500 and Nasdaq futures were off 0.1% while EURO STOXX 50 futures edged up 0.3% after Thursday's sharp sell-off, when a stronger-than-expected US durable goods print met an ECB account showing selected policymakers did not oppose a June hike.