{"id":66821,"date":"2026-08-21T00:38:15","date_gmt":"2026-08-21T04:38:15","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-update-ukraine-eyes-starlink-expansion-while-asian-currencies-gain-ground\/66821\/"},"modified":"2026-08-21T00:38:15","modified_gmt":"2026-08-21T04:38:15","slug":"global-markets-update-ukraine-eyes-starlink-expansion-while-asian-currencies-gain-ground","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-update-ukraine-eyes-starlink-expansion-while-asian-currencies-gain-ground\/66821\/","title":{"rendered":"Global Markets Update: Ukraine Eyes Starlink Expansion While Asian Currencies Gain Ground"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-update-ukraine-eyes-starlink-expansion-while-asian-currencies-gain-ground\/66821\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-update-ukraine-eyes-starlink-expansion-while-asian-currencies-gain-ground\/66821\/#Ukraine_Seeks_Strategic_Starlink_Expansion\" >Ukraine Seeks Strategic Starlink Expansion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-update-ukraine-eyes-starlink-expansion-while-asian-currencies-gain-ground\/66821\/#Asian_Currency_Markets_Show_Resilience\" >Asian Currency Markets Show Resilience<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-update-ukraine-eyes-starlink-expansion-while-asian-currencies-gain-ground\/66821\/#Technical_Hurdles_for_USDJPY\" >Technical Hurdles for USD\/JPY<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-update-ukraine-eyes-starlink-expansion-while-asian-currencies-gain-ground\/66821\/#Imran_Khan_Returned_to_Custody\" >Imran Khan Returned to Custody<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-update-ukraine-eyes-starlink-expansion-while-asian-currencies-gain-ground\/66821\/#Corporate_and_Economic_Shifts\" >Corporate and Economic Shifts<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Ukraine is seeking approval to deploy Starlink-equipped drones<\/strong> to target Russian ballistic missile launchers up to <strong>200 km<\/strong> inside Russian territory.<\/li>\n<li><strong>The Indonesian Rupiah hit its strongest level since mid-June<\/strong>, reaching <strong>17,690 per U.S. dollar<\/strong> amid optimistic growth projections.<\/li>\n<li><strong>USD\/JPY remains capped by technical resistance<\/strong>, with the <strong>20-day Exponential Moving Average (EMA)<\/strong> serving as a critical hurdle for further upside.<\/li>\n<li><strong>Former Pakistani PM Imran Khan was declared &quot;medically fit&quot;<\/strong> by a team of specialist doctors after being transferred to a hospital on Supreme Court orders.<\/li>\n<li><strong>Jefferies raised its price target for Capgemini (<a href=\"\/stock\/CAP\">CAP<\/a>) to \u20ac110<\/strong>, up from \u20ac95, following the company&#39;s latest financial results.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Ukraine_Seeks_Strategic_Starlink_Expansion\"><\/span>Ukraine Seeks Strategic Starlink Expansion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Ukraine has reportedly requested permission to use <strong>Starlink-equipped drones<\/strong> to strike ballistic missile launchers located deep within Russian territory. According to the <em>Financial Times<\/em>, the proposal aims to target assets up to <strong>200 km<\/strong> across the border to mitigate a severe shortage of air-defense interceptors. The move would require direct approval from <strong>Elon Musk<\/strong>, whose stance on the military application of his satellite network has been a point of contention throughout the conflict.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Asian_Currency_Markets_Show_Resilience\"><\/span>Asian Currency Markets Show Resilience<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>Indonesian Rupiah<\/strong> surged to <strong>17,690 per U.S. dollar<\/strong>, marking its most robust performance since mid-June. Investor sentiment was bolstered by <strong>President Prabowo&#39;s<\/strong> projection of <strong>6% GDP growth<\/strong> for the coming year, alongside a weakening U.S. Dollar. Meanwhile, the <strong>Singapore Dollar<\/strong> edged higher as traders scrutinized the long-term efficacy of proposed U.S. fiscal plans and monitored ongoing geopolitical tensions in the Middle East.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Technical_Hurdles_for_USDJPY\"><\/span>Technical Hurdles for USD\/JPY<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>USD\/JPY<\/strong> pair continues to face significant resistance, with the <strong>20-day EMA<\/strong> acting as a primary barrier to a sustained rally. While the pair has stabilized around the <strong>159.00<\/strong> level, technical analysts at <em>FXStreet<\/em> suggest a bearish near-term bias remains as long as the spot price holds beneath key moving averages. Market participants are now looking toward upcoming <strong>Purchasing Managers Index (PMI)<\/strong> data for further direction.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Imran_Khan_Returned_to_Custody\"><\/span>Imran Khan Returned to Custody<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Former Pakistani Prime Minister <strong>Imran Khan<\/strong> has been moved back to <strong>Adiala Jail<\/strong> after a medical evaluation at Shifa International Hospital. A team of six specialist doctors declared the 73-year-old &quot;medically fit&quot; to remain in custody, despite concerns from his legal team regarding deteriorating health and vision loss. The medical examination was conducted following a <strong>Supreme Court<\/strong> order intended to address the welfare of the jailed leader.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Corporate_and_Economic_Shifts\"><\/span>Corporate and Economic Shifts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In the technology sector, <strong>Jefferies<\/strong> updated its outlook on <strong>Capgemini (<a href=\"\/stock\/CAP\">CAP<\/a>)<\/strong>, raising the price target to <strong>\u20ac110<\/strong> while maintaining a &quot;Hold&quot; rating. The adjustment reflects the firm&#39;s analysis of Capgemini&#39;s first-half performance and evolving market expectations for the IT services giant. Separately, a <em>Financial Times<\/em> analysis suggests that the decline of the &quot;male breadwinner&quot; model in Western economies is primarily driven by <strong>structural economic shifts<\/strong>\u2014such as the decline of manufacturing and the rise of service-oriented sectors\u2014rather than cultural movements.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Ukraine is seeking approval to deploy Starlink-equipped drones to target Russian ballistic missile launchers up to 200 km 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