Investors are cautious ahead of the US tech giant Nvidia’s earnings, while the question of the extent of the Fed interest rate cut looms. The markets are in a state of caution, and uncertainty about future developments is high.
Key topics include Nvidia earnings, Fed interest rate cut, market sentiment, AI hype, US economy, Chinese economy, and BHP profit.
Important details and facts:
- Investors are cautious ahead of Nvidia’s earnings, fearing that missteps could prove costly for the chipmaker
- US Federal Reserve official Daly hints at an imminent 0.25% interest rate cut
- Markets are cautious and uncertain, with Wall Street reacting cautiously to the interest rate shift
- China struggles with weak domestic demand and declining exports
- BHP reports a slight profit increase of 2% to $13.66 billion
Conclusions and opinions:
- Investors expect perfect numbers and forecasts from Nvidia to continue the positive rally
- Market uncertainty is reflected in a wait-and-see approach and low trading volumes
- Economic uncertainties in the US and China are impacting market sentiment