Asian markets tread water ahead of Nvidia’s quarterly earnings and oil price retreat
Nvidia’s fiscal second-quarter results after the U.S. close anchored global investor caution across Asian exchanges on Wednesday.
Source: whalesbook.com · August 26, 2026 at 4:30 AM · AI-assisted report
CorroboratedKUALA LUMPUR, 26 AUGUST 2026 —
Nvidia’s fiscal second-quarter results after the U.S. close anchored global investor caution across Asian exchanges on Wednesday.
Market Impact
Brent crude slipped to about $86 a barrel after reports that Iran and Oman had reopened talks on managing the Strait of Hormuz eased supply disruption fears. The decline in energy costs helps ease inflation pressure, supporting regional sentiment even as traders brace for the semiconductor bellwether.
Nvidia is expected to post revenue of $91 billion to $92 billion for the quarter, according to consensus estimates. That would represent strong year-over-year growth of roughly 150%, yet investors are more focused on management’s forward guidance than the headline figure.
“The real test is whether AI capital spending remains sustainable,” said a strategist at a Singapore-based asset manager. “If Nvidia’s outlook disappoints on China demand or order visibility, tech could reprice quickly.”
U.S. Treasury yields slipped to 4.634% as the government prepares to expand bond buybacks in September to stabilise longer-dated debt markets. The national debt has surpassed $40 trillion, keeping fiscal risk on the radar even as near-term energy relief supports risk appetite.
Malaysian banks with treasury operations may benefit from lower oil hedging costs, traders said, while chip-linked small caps could feel spillover if Nvidia’s report sparks broad tech weakness.
Related: Nvidia