EU Market Open: Europe set for stronger open after well received NVIDIA guidance

NVIDIA (NVDA) shares rose almost 5% after beating on top and bottom lines, whilst the CEO said they are seeing demand acceleration and expect revenues to grow about 70% in fiscal 2028.Crude futures mildly declined following recent indecisive performance amid mixed geopolitical updates.Oman reportedly stopped cooperating with the US to facilitate escorted tanker movements through southern Hormuz, according to Press TV.APAC stocks were ultimately mixed, but with most indices in the green, after the flat performance stateside, whilst US equity futures were lifted on NVDA.European equity futures indicate a higher cash market open with Euro Stoxx 50 futures up 0.4%.Looking ahead, highlights include German GfK Consumer Confidence (Sep), US Jobless Claims (Aug/22). Fed Jackson Hole Symposium (27th-29th), ECB Minutes (Jul). Supply from the US, Earnings from Marvell & Pernod Ricard.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk