Highlights
On a relatively quiet day for scheduled macro news events, lots of interest in earnings from technology bellwether Nvidia due after the New York close. This takes on heightened significance given the market obsession with the AI trade.
Nvidia is one of very few megacaps still showing gains this year amid concern that the AI trade has been overdone. Nvidia provides the chips for big tech firms' data centers at the heart of the capex boom, and most analysts remain very bullish on the shares.
Definition
Market Focus details key factors in the coming day that will impact the economic outlook and the financial markets. These include central bank events, economic indicators, policymaker speeches as well as expected political and corporate developments.
Description
Keeping up-to-date with event schedules and the economic calendar is key to understanding the global financial system. Econoday's Market Focus allows investors and policymakers to carefully track what will be making news and moving the financial markets in the coming day.