European Markets Steady as Traders Anticipate Nvidia Earnings Amid Currency Fluctuations

# European Markets Steady as Traders Anticipate Nvidia Earnings Amid Currency Fluctuations

**Note**: This analysis is generated during European session, markets open. Event times in US Eastern Time.

## Major News

Global market sentiment was mixed today as investors awaited Nvidia’s earnings report, which is anticipated to provide a boost to the tech sector. US futures showed little movement, with S&P 500 futures down 0.03%, Dow futures down 0.02%, and Nasdaq futures declining 0.05%.

In Europe, stocks rebounded as traders positioned themselves ahead of Nvidia’s results, with the Euro Stoxx 50 up 0.13%, the CAC 40 gaining 0.35%, while the DAX slipped 0.12% and the FTSE 100 rose 0.21%. The Nikkei also saw a slight increase of 0.16%.

The currency market reflected caution, with the EUR/USD pair edging down to approximately 1.1630 amid political uncertainty in France, while the USD/CHF remained stable around 0.8050. Gold prices retreated from a two-week high, trading lower due to a rebound in the US Dollar, while WTI crude oil hovered around $63.10 following a recent decline.

On the corporate front, Canada Goose attracted take-private bids valuing it at $1.35 billion, indicating significant interest in the retail sector. Overall, market participants are closely

## Performances

### US Futures

US futures indicate opening sign for cash market.

### Major US Indices (Previous Close)

Previous close performance for US indices.

### European Indices Performance

### Nikkei Performance

### FX Performance

### Commodities Performance

### BTC and ETH Performance

## Economic Calendar of Today (Most Important Events)

The following table lists high-importance economic events for today, 2025-08-27, with times in US Eastern Time.

**Notes**:
– **Cur**: Currency associated with the event (with flag emoji).
– **Imp**: Importance (High, Medium, Low, None).
– **Actual**: Reported value (if available).
– **Forecast**: Expected value (if available).

On August 27, 2025, several significant economic events are poised to influence currency markets.

The GfK German Consumer Climate index for September is expected to show a decline, with a forecast of -21.5 compared to the actual reading of -23.6. This unexpected deterioration may weigh on the euro (EUR), reflecting declining consumer confidence in Germany, potentially leading to further depreciation against major currencies.

At 10:30 AM ET, the U.S. will release its Crude Oil Inventories data, with expectations of a decrease of 2.000 million barrels. A larger-than-expected drawdown could bolster the U.S. dollar (USD) as it signals tightening supply, while any surprise increase might exert downward pressure on the dollar.

In Russia, retail sales data is anticipated at 12:00 PM ET, with a forecast of 1.8%. A weaker performance could negatively impact the Russian ruble (RUB), especially if it deviates significantly from expectations.

Later in the day, the Reserve Bank of Australia (RBA) will release Private New Capital Expenditure data, and comments from Bank of Japan Board Member Nakagawa may provide insights into future monetary policy, influencing both the Australian dollar (AUD) and Japanese yen (JPY) respectively.

Overall, these events are critical for traders and investors to monitor for potential market volatility.

## Remaining Economic Calendar Comment for the Week (Important Events Only)

During the week of August 25, 2025, several key economic events influenced market sentiment and currency valuations. Notably, Singapore’s Core CPI (YoY) for July came in at 0.5%, slightly below expectations, while the overall CPI registered at 0.6%, missing the forecast of 0.7%. This could suggest a more subdued inflationary environment, potentially impacting the Singapore Dollar (SGD) negatively.

In the Eurozone, Germany’s business sentiment indicators exceeded expectations, with the Ifo Business Climate Index at 89.0 versus a forecast of 88.7, indicating stronger business confidence. However, the Current Assessment slightly missed expectations, which may temper enthusiasm for the Euro (EUR).

The U.S. data showed robust signs, with New Home Sales surpassing forecasts at 652K and Core Durable Goods Orders significantly exceeding expectations at 1.1%. This positive data could bolster the U.S. Dollar (USD), particularly in light of consumer confidence rising to 97.4, above the forecast of 96.4.

Conversely, Japan’s BoJ Core CPI came in at 2.0%, below the anticipated 2.4%, which may weaken the Japanese Yen (JPY). Overall, the week demonstrated a mixed economic landscape, with varying implications for currency movements across different regions.