Asian markets mixed as investors await Nvidia earnings and Iran talks

handelsblatt.com (German)

Asian markets were mixed Wednesday as investors awaited Nvidia's quarterly results and hoped for eased tensions with Iran, with oil prices falling for a third day. Iran announced resuming talks with Oman over the Strait of Hormuz, raising prospects of reopening the crucial oil route. Meanwhile, investors held back ahead of Nvidia's earnings, watching whether the AI boom can meet high expectations. Japan's Nikkei rose 0.6 percent to 66,228 points, while Shanghai gained 0.9 percent. Separately, the European Central Bank is reportedly heading toward another interest rate hike in September.


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