ASX Braces for Warsh-Driven Slide as Gold Sinks and Soft Commodities Surge

ASX 200 futures are down 36 points (0.4%) to 9,009 heading into Monday's open, spooked by Fed chair Kevin Warsh's hawkish Jackson Hole speech vowing to "stamp out inflation" with rate hikes if needed. The two-year US Treasury yield jumped 11 basis points to 4.34% as traders ramped up September rate rise bets, while the S&P 500 slid 0.3% and the Nasdaq shed 0.5% on tech sector selling. The Aussie dollar sits at US71.60¢, bitcoin dropped below US$80,000,...