Report published August 27, 2026
Deutsche Bank Early Morning Reid: Nvidia Guidance Drives Tech Rebound Amid Hawkish Macro Repricing
Source and citation context
- Issuer
- Deutsche Bank
- Report date
- August 27, 2026
- Analysis as of
- Not stated in source
Authors / editors: Jim Reid
Finvaulta summarizes Deutsche Bank's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.
Global market sentiment turned positive overnight driven by Nvidia's solid earnings beat and optimistic AI outlook, despite hawkish US economic data pushing Treasury yields higher. Agricultural commodities also surged to three-year highs on geopolitical supply disruptions, while the Bank of Korea delivered a hawkish rate hike.
Key Takeaways
- 1.Nvidia delivered solid earnings and revenue guidance with a bullish medium-term outlook projecting ~70% revenue growth for next fiscal year, lifting overnight tech sentiment and equity futures.
- 2.Stronger-than-expected US macroeconomic data—including sticky core PCE details, robust durable goods shipments, and upwardly revised domestic sales—drove hawkish repricing in US interest rate markets.
- 3.Agricultural commodities surged, with wheat and corn touching three-year highs amid escalating Russia-Ukraine export disruptions, European drought, and fertilizer supply constraints.
Table of Contents
- Key Market Data
- Other Market Data
- Key Economic Data
- Topical Deutsche Bank publications
Report data
Key figures extracted from this report
| Metric | Estimate | Context |
|---|---|---|
| Nvidia Current Quarter Revenue Guidance | 108.0 USD Billion | Nvidia earnings revenue guidance |
| US July Core PCE Inflation (MoM) | 0.246% | Unrounded core PCE print just below rounding threshold to 0.3% |
| US 2-Year Treasury Yield | 4.21% | Yield rose following hawkish US data |
| Bank of Korea Policy Rate | 3.0% | Second consecutive policy rate hike |
| Wheat Price Daily Change | 6.56% | Spiked to three-year high on Russia-Ukraine export disruptions |
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Authors / Editors
Reported Data Context
- Nvidia Current Quarter Revenue Guidance: 108.0 USD Billion (Current Quarter)
- US July Core PCE Inflation (MoM): 0.246 % (July)
- US 2-Year Treasury Yield: 4.21 % (Previous Day Close)
- Bank of Korea Policy Rate: 3.0 % (Current)
- Wheat Price Daily Change: 6.56 % (Daily)