The session in Spanish financial markets is unfolding with moderate movements as investors hold their breath ahead of Nvidia's earnings release. The IBEX 35 is trading without a clear direction, the euro remains stable against the dollar, and oil oscillates between caution and speculation. Expectations for the US tech company's data are conditioning sentiment, on a day where public debt also reflects the wait for signals that will set the short-term course.
AI and the Markets: Nvidia's Thermometer 📊
Nvidia has become a key indicator for the technology sector and, by extension, for global indices. Its results not only measure the health of artificial intelligence but also influence the valuation of the entire supply chain. In Spain, stocks linked to technology and digitalization are closely following the movement. If Nvidia exceeds expectations, it could give the IBEX 35 a breather; if it fails, the punishment would extend to the most exposed sectors, such as semiconductors and data centers.
The Euro and Oil: Two Old Friends in No Rush ⛽
While Nvidia grabs headlines, the euro-dollar seems to have taken a coffee break and is not in the mood to move. Oil, for its part, continues its usual dance between geopolitics and demand, without deciding whether to cause a scare or a cheer. Investors look to the tech sky while the euro and crude oil amuse themselves with their own affairs. In the end, it will be Nvidia that decides whether the day ends with a toast or a simple sigh of relief.