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Traders, here are 3 of the biggest developments across TradFi markets you need to know today.
This past Monday, Feb 23, we included Nvidia among our list of "3 Assets to Watch" this week.
The world's most valuable company just announced its latest quarterly results after US markets closed on Wednesday, Feb 25th.
Here are some key takeaways:
Nvidia projects fiscal Q1 (3 months ending April 30th, 2026) revenue at a higher-than-expected US$ 78 billion (average analyst prediction: US$ 72.8 billion)
Fiscal Q4 revenue (3 months ending Jan 25th, 2026) grew 73% to a higher-than-expected US$ 68.1 billion (average analyst prediction: US$ 65.9 billion)
Adjusted earnings per share (EPS) came in at $1.62 (average analyst prediction: $ 1.53)
Despite the blowout results, Nvidia stocks actually FELL as much as 5.3% after its earnings announcements.
Recall what we wrote this past Monday (Feb 23rd), expecting a post-earnings move of "over 4%" - which markets duly delivered (per chart above).
Perhaps more pertinently, even though this stock's price briefly breached the $200 mark prior to the earnings announcement ...
Nvidia shares respected the $196.80 post-earnings target we'd drawn since this past Monday, Feb 23rd.
Given Nvidia's heft, its post-earnings declines are also weighing on broader US stock indexes.
Bybit's SP500 - which tracks the benchmark S&P 500 index - soared to within touching distance of the psychologically-important 7k line yesterday (Wed, feb 25), before easing back lower at the time of writing.
Brent Crude Oil (Bybit: UKOUSD) has been steadying above the psychological $71/bbl mark in recent sessions.
Still, this global oil benchmark remains around a 6-month high, amid rising US-Iran tensions that could threaten global oil supplies, or so markets fear.
Markets are eagerly awaiting the slightest news out of today's talks in Geneva between the US and Iran.
POTENTIAL SCENARIOS:
UKOUSD may tumble and test its 21-day simple moving average (SMA) for immediate support if the US and Iran signal positive developments that eases geopolitical tensions and oil's supply-side risks.
UKOUSD may soar to a new 6-month high above $72/bbl if the US-Iran talks fail to ease geopolitical tensions and oil's supply-side risks.
HEADS UP: Another major event for oil markets incoming - OPEC+ is set to decide on its April oil production levels this Sunday, March 1st.
Also recall, in this week's "3 Assets to Watch" article, we also featured USDJPY+
USDJPY+ duly hit that 156.60 upside price target cited since Mon, Feb 23rd.
But the week's not yet over for FX traders.
Here are economists' forecasts for the top-tier Japanese economic data due tomorrow (Friday, Feb 27) that may yet inject more volatility into USDJPY+:
Tokyo Feb consumer price index (CPI a.k.a. inflation): 1.4% year-on-year (Feb 2026 vs. Feb 2025)
If so, 1.4% would be slightly lower than January's 1.5% y/y number.
Tokyo Feb Core CPI (excluding fresh food and energy prices, which can be more volatile): 2.3% year-on-year
If so, 2.3% would be slightly lower than January's 2.4% y/y core CPI number.
Japan January retail sales: 1.5% month-on-month (Jan 2026 vs. Dec 2025) and 0.1% year-on-year
If so, this would mark a return to growth compared to the contracting retail sales registered in Dec 2025.
Japan January industrial production: 5.5% month-on-month (Jan 2026 vs. Dec 2025) and 5% year-on-year
If so, this would mark a return to growth versus December's month-on-month contraction, while almost double the 2.6% year-on-year industrial production growth in Dec 2025