🌅 Morning Update (27.08.2025)
📈 Asia Tech Rally:
Tech stocks advanced as investors await Nvidia’s earnings 🖥️💡. The stock trades near its all-time high, with the outlook on chip demand set to decide if the global rally since April can continue.
🇨🇳 AI stays hot – China’s Cambricon +8.2% 📊, while Japan’s Nikon soared 21% after reports of a possible stake increase by EssilorLuxottica (Ray-Ban maker).
🌍 Global Markets:
US & EU futures are edging higher 📊, though outside tech, Asia was weaker – Chinese indices slid the most.
💱 Currencies & Commodities:
💵 Dollar Index +0.2%, reversing Tuesday’s drop on Trump’s attempt to oust Fed’s Lisa Cook.
🥇 Gold -0.5%, Treasuries steady after earlier global bond declines.
🇦🇺 CPI hotter at 2.8% (exp. 2.3%), construction +3% QoQ – but AUD gained only slightly.
🛢 Oil flat as Washington slapped new tariffs on 🇮🇳 India; US API crude stocks fell -0.974M (vs -1.7M exp.).
🏭 China Data:
Industrial profit decline slowed in July, hinting that measures against overcapacity are easing pressure.
🇺🇸🤝🇮🇳 US–India Tensions:
Trump announced a 50% tariff on select Indian goods, the harshest in Asia, in retaliation for India’s Russian oil imports.
📌 Markets stay focused on Nvidia’s results – could this be the catalyst for the next big move? 🚀
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