Risk supported by Nvidia’s results after the close yesterday, Nasdaq up 1.1%, semiconductors up around 3%. Earnings beat at $108 vs mkt $104, with revenue seen up 70% FY28, while still highlighting memory supply shortages as constraints.
Otherwise, quiet and broadly flat across FX this morning. Even with the slight bolster to risk, dollar still cushioned out of yesterday’s data. Next big focus is Warsh’s speech on Friday of course and that might keep the market sidelined.