Nvidia Once Again Beat Wall Street Expectations

On Wednesday, US stock markets ended the session mixed as investors awaited key earnings from chipmaker Nvidia. By the end of the day, the Dow Jones (US30) fell by 0.21%. The S&P 500 (US500) declined by 1.58%. The tech‑heavy NASDAQ (US100) closed slightly lower at 0.08%. Traditional sectors of the economy were under pressure. Strong data on consumer spending, incomes, and the Personal Consumption Expenditures (PCE) Index, all above predictions, heightened investor concerns about the Federal Reserve maintaining a tight policy stance.

Nvidia reported financial results for the second quarter of fiscal year 2027 (ending July 26, 2026), once again surpassing Wall Street expectations. Revenue surged 106% year‑over‑year (and 18% quarter‑over‑quarter), reaching a record $96.2 billion (vs. outlooks of around $92 billion). Despite strong results and another “beat‑and‑raise,” the stock reacted with a moderate post‑market decline of about 1.3% amid extremely high investor expectations.

By the end of the day, Germany’s DAX (DE40) rose by 0.08%, France’s CAC 40 (FR40) closed up 0.27%, Spain’s IBEX 35 (ES35) gained 0.05%, while the UK’s FTSE 100 (UK100) finished slightly lower at 0.07%. The market was supported by gains in banking, industrial, and tech sectors, though this was partially offset by a sharp drop in software developers. Financial and industrial stocks showed strong performance. Deutsche Bank and Commerzbank shares jumped 4.3% and 2.6%, respectively.

Crude oil prices (WTI) recovered part of their earlier losses on Wednesday, stabilizing just below $83 per barrel after a two‑day decline. The market reacted to signals of increased supply from the Persian Gulf region, easing concerns about a potential shortage. Traders are watching negotiations between Iran and Oman on restoring safe navigation through the Strait of Hormuz. Statements by US President Donald Trump that roughly 10 million barrels of oil passed through the strait the previous day supported hopes for logistical normalization. Satellite data also indicated possible increases in Saudi Arabian oil shipments.
In Asia, Japan’s Nikkei 225 (JP225) rose by 0.62%, China’s FTSE China 50 closed up 0.78%, Hong Kong’s Hang Seng (HK50) gained 0.56%, while Australia’s ASX 200 (AU200) closed down 0.40%.

The Australian dollar (AUD) continued to strengthen, reaching $0.72 and hitting a three‑month high. The driver was strong July inflation data, which prompted markets and major financial institutions to revise expectations for Reserve Bank of Australia (RBA) policy. The probability of a September rate hike jumped to around 50% (vs. 17% before the inflation report), and a November tightening is now fully priced in.

The New Zealand dollar (NZD) showed a modest recovery on Thursday, stabilizing near $0.595. Support continues to come from firm market expectations: at next week’s meeting, the Reserve Bank of New Zealand (RBNZ) is highly likely to raise the interest rate by another 25 basis points, with the key rate expected to reach 3.0% by year‑end.

The Bank of Korea (BoK) decided to raise its base interest rate by 25 basis points to 3.0% following its August 2026 meeting. The tightening is driven by persistent inflation risks amid strong economic growth. South Korea’s export‑oriented economy is being boosted by global demand for artificial‑intelligence technologies and unprecedented growth in the semiconductor sector. Gross Domestic Income (GDI) surged 15.6% year‑over‑year in Q2 – the strongest increase in more than 38 years. Against this backdrop, the Bank of Korea sharply upgraded its GDP growth expectation for 2026 to 3.3% (from 2.6% previously), and expects 2.9% growth in 2027.

• S&P 500 (US500) 7,675.70 +0.02 (-1.58%)

• Dow Jones (US30) 53,463.88 -113.52 (-0.21%)

• DAX (DE40) 26,285.96 +19.82 (+0.08%)

• FTSE 100 (UK100) 10,878.12 -8.04 (-0.07%)

• USD Index 99.15 +0.24 (+0.24%)

News feed for: 2026.08.27

• German GfK German Consumer Climate (m/m) at 09:00 (GMT+3) – EUR (MED)

• Eurozone ECB Monetary Policy Meeting Accounts at 14:30 (GMT+3) – EUR (MED)

• US Initial Jobless Claims (w/w) at 15:30 (GMT+3) – USD (MED)

• US Natural Gas Storage (w/w) at 17:30 (GMT+3) – XNG (HIGH)

• Jackson Hole Symposium (Day1) – USD, XAU, US indices (HIGH)