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Aug 16, 2026

Asian stocks head for weekly losses as bond market stress persists, oil prices rise

Most Asian share indices are heading for weekly declines as stress in global bond markets continues and diplomatic deadlock in the Gulf pushes oil prices to one-month highs. Investors are turning to safe haven assets like gold and Bitcoin amid the market turbulence.

Aug 16, 2026·3 sources
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Top claims

  • ▪The U.S. budget deficit is running above 6% of gross domestic product, with annual interest charges alone projected to reach $1.2 trillion in 2026.
  • ▪Deutsche Bank strategist Steven Zeng cautioned that markets historically push back when they believe fundamentals like record debt and large deficits are on their side.
  • ▪Most Asian share indices headed for weekly losses on August 21, 2026, driven by persistent stress in global bond markets.

Subtopics

Bitcoin1Bond market volatility1Middle East1Oil market1

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