ASX Shrugs Off Trump Tariff Legal Challenge and Nvidia Result

ASX shrugs off Trump tariff legal challenge and Nvidia result

SBS Finance Editor Ricardo Gonçalves speaks with Todd Hoare from LGT Crestone Wealth Management Limited and Armina Rosenberg from Minotaur Capital to find out why Australian investors looked past surging US Futures following Nvidia's strong earnings result and after a US court blocked Donald Trump's reciprocal tariffs.

We welcome the decision of a US court to prevent President Donald Trump from imposing general import duties under a law on emergency powers

The Asian Stock Exchanges close in sharp rise after an American federal court temporarily blocked Donald Trump's duties, calling them illegal. Under the spotlight also the results beyond the expectations of Nvidia and the forecasts of revenues increasing. Tokyo salt (+1.88%). On the foreign exchange market the yen is devalued on the dollar, to 145.60, and on the euro to 164.11. At ongoing negotiations are also rising Hong Kong (+0.91%), Shanghai…

Lunch Wrap: ASX up as Trump tariffs tossed by court, Nvidia fuels data centre rally

ASX data centre stocks surge after Nvidia’s earnings Trump tariffs blocked by court Oil jumps on tariff call   The ASX spent most of Thursday morning stuck in neutral gear, despite a roaring start from US futures. The ASX 200 swung back and forth before settling higher by midday, up by 0.2%. Overnight on Wall Street, the vibe was very different. Nvidia fired up the after-hours circuit, jumping over 5% thanks to a blockbuster earnings print: a 69…