Asian Markets Stay Cautious Ahead of Nvidia Earnings and Trade Talks
Asian markets displayed little movement on Tuesday, as investors exercised caution amid looming trade tariffs from the US. Japan’s stocks showed signs of recovery, bolstered by a weaker yen and speculation over potential bond issuance adjustments by the Bank of Japan.
The Nikkei 225 index rose 0.5%, while the TOPIX gained 0.4%, reversing earlier losses. Exporters benefited from the yen’s decline, reflecting growing global risk appetite.
Attention now shifts towards Nvidia’s quarterly report, anticipated on Wednesday. Analysts are expecting earnings at 5.12 per share and revenue of 26.8 billion, making this a key event for tech traders.
The combination of global trade concerns, earnings reports, and potential policy changes keeps the markets on edge. Investors are to remain alert for shifts in economic indicators and central bank announcements.