From Yahoo Finance: 2025-05-28 08:37:00

Investors await Nvidia’s quarterly earnings as focus shifts back to artificial intelligence. Demand for Japanese government bonds falls, oil prices drop. Putin’s conditions for ending war in Ukraine revealed. Dollar weakening could reduce trade deficit. Trump’s tax bill may impact clean energy tax credits. Euro’s potential as world reserve currency discussed by ECB President. Lagarde emphasizes need for euro’s wider use. ECB supports joint debt issuance for ‘safe’ euro assets. Lagarde’s speech seen as ‘battle cry’ for euro.

Nvidia faces concerns over AI overspend and US-China chip curbs. Stock prices remain steady despite worries. Market rally driven by US-EU trade tensions relief. Mixed economic data and bond market edginess persist. EU officials seek US investment details. Long-dated government debt concerns arise in Japan and the US. Lagarde’s possible early exit from ECB presidency considered. New Zealand’s rate cut and Shein’s listing plans.

Lagarde’s speech highlights euro’s competitiveness amid dollar doubts. ECB aims to boost euro as reserve currency. Euro’s strength and potential policy easing noted. Financing needs for EU projects outlined. Draghi’s recommendations for European financing discussed. Europe faces substantial financing requirements for ambitious projects. Europe’s bill to pay for investments in defense, green energy, and tech. ‘Nvidia day’ brings caution as investors await earnings report.

Richmond and Dallas Federal Reserve surveys released. Federal Reserve meeting minutes and speeches by officials. US Treasury sells $70 billion of 5-year notes. Corporate earnings reports from Nvidia, Agilent, Salesforce, and more. Opinions expressed are those of the author. No promotion of services included.

Read more: Spotlight back on Nvidia