Market Review August 27: Nvidia Report Explodes Post-Market, Oil Falls for 4th Day, Markets Await Fed Speech Signal
Today, August 27, 2026, global market sentiment remains moderately positive. A strong Nvidia report renewed interest in tech stocks and supported Asian chipmakers, but higher US inflation (PCE 3.7%) keeps investors cautious.
Today, August 27, 2026, global market sentiment remains moderately positive. A strong Nvidia report renewed interest in tech stocks and supported Asian chipmakers, but higher US inflation (PCE 3.7%) prevents investors from relaxing. The decline in oil amid diplomacy around the Strait of Hormuz eases risks, but attention shifts to Federal Reserve Chair Kevin Warsh's speech in Jackson Hole.
Stock Markets: Phenomenal Nvidia Report and Asian Rally Momentum
USA: Trading on August 26 ended slightly lower (PCE inflation rose to 3.7% YoY, Q2 GDP at 1.5%). However, after the close, Nvidia crushed forecasts: revenue $96.22 billion (vs. $92.17 billion), EPS $2.22, and Q3 guidance of $108 billion. Shares soared nearly 5% in post-market. The market prices a 38% chance of a Fed rate hike in September.
Europe and Asia: Asian chipmakers rise following Nvidia (KOSPI +1–1.8%, Taiwan +0.3–0.9%). The Bank of Korea raised rates by 25 bps to 3%. European futures trade with moderate gains (STOXX 600 +0.4%) amid the chipmaker's report but are pressured by energy sector declines.
Commodity Market: Oil Falls for 4th Day and Gold Reverses Upward
Oil: Prices fall (Brent — $87.1–87.4; WTI — $81.8) amid talks between Iran, Oman, and Qatar on establishing control mechanisms over the Strait of Hormuz. Nevertheless, traffic is only a quarter of normal, and US distillate inventories have dropped to a historic low (103.4 million barrels).
Precious Metals: Gold recovers to $4,619–4,624 per ounce (+0.6–0.7%), silver rose to $68.88 (+1.2%). The renewed growth is fueled by the rising US budget deficit and concerns over dollar depreciation.
Currency Market Stability and Bitcoin Holding the Lines
Currencies and Debt: The DXY index stands at 99.13; EUR/USD trades around 1.1655. The 10-year US Treasury yield holds at 4.65%. The yen does not react to the Bank of Japan's hawkish statements, with the market pricing an 86% chance of a rate indexation in September.
Cryptocurrencies: Bitcoin holds in the $78,600–78,800 range, and Ethereum around $2,480–2,490. BTC has risen 25% since the start of the month, supported by capital inflows amid fiat devaluation risks. The main resistance is $80,000–81,000.
Key Events:
The Jackson Hole symposium begins. All investors await Kevin Warsh's speech tomorrow to understand the Fed's future rate trajectory.
| Time / Date | Event |
|---|---|
| August 27 | Opening of the annual economic symposium in Jackson Hole |
| Friday, August 28 | Federal Reserve Chair Kevin Warsh's speech on monetary policy |
Summary: Nvidia has once again demonstrated the strength of the AI trend, supporting the IT sector, while falling oil prices have reduced local risks. However, the Fed will set the final market trajectory: inflation at 3.7% leaves the question of a rate hike open, with conclusions to be drawn only after Kevin Warsh's speech tomorrow.