• NVIDIA (NVDA) shares rose almost 5% after beating on top and bottom lines, whilst the CEO said they are seeing demand acceleration and expect revenues to grow about 70% in fiscal 2028.
  • Crude futures mildly declined following recent indecisive performance amid mixed geopolitical updates.
  • Oman reportedly stopped cooperating with the US to facilitate escorted tanker movements through southern Hormuz, according to Press TV.
  • APAC stocks were ultimately mixed, but with most indices in the green, after the flat performance stateside, whilst US equity futures were lifted on NVDA.
  • European equity futures indicate a higher cash market open with Euro Stoxx 50 futures up 0.4%.
  • Looking ahead, highlights include German GfK Consumer Confidence (Sep), US Jobless Claims (Aug/22). Fed Jackson Hole Symposium (27th-29th), ECB Minutes (Jul). Supply from the US, Earnings from Marvell & Pernod Ricard.

Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

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