European stock markets opened lower as investors awaited Nvidia's earnings report and signals from Watch regarding interest rates.

European stock markets opened lower as investors await major developments this week, including Nvidia's earnings report (a key indicator of AI investment direction), the Fed chair's Jackson Hole statement, and details on US sanctions against Iran.

On August 24, 2569, at 15.40:24 PM, European stock markets opened slightly lower as investors held back on investments awaiting several key events this week. These include Nvidia's earnings report, a speech by Federal Reserve Chairman Kevin Warsh at the annual Jackson Hole meeting, and details of the US's new round of sanctions against Iran.

The STOXX 600 index opened at 653.73 points, down 0.45 points or 0.07%. France's CAC 40 index opened at 8,481.79 points, down 2.64 points or 0.03%, and Germany's DAX index opened at 26,091.29 points, down 45.27 points or 0.17%.

One of the key factors the market is watching this week is the earnings reports of major U.S. technology companies, which will help investors assess the direction of spending on artificial intelligence (AI) following rapid growth in the industry.

Nvidia is scheduled to report its earnings on Wednesday, August 26th, while Marvell Technology will release its earnings on Thursday, August 27th.

Nvidia's earnings are being closely watched, as the company is considered a key indicator of demand for chips and infrastructure for AI, amidst market questions about how much revenue and return can be generated from high-level AI investments.

Another important factor is the Federal Reserve's annual Jackson Hole Economic Symposium, to be held from August 27–29, under the theme "Financial Innovation: Implications for Payments and Policy."

Federal Reserve Chairman Kevin Warsh is scheduled to deliver a speech on Friday, August 28th, and markets will be closely watching for signals regarding the Fed's approach to combating inflation and the direction of monetary policy, especially amidst sharply rising U.S. bond yields.

The situation in the Middle East remains another factor creating uncertainty in the markets. U.S. Treasury Secretary Scott Bassent is scheduled to hold a press conference today at 6:00 PM GMT, which corresponds to 1:00 AM Tuesday, August 25th, Thailand time.

Markets are watching closely for the extent of further pressure the United States will be imposed on Iran, after Bescent signaled his readiness to implement a major economic isolation measure against Iran. Such a move could have a significant impact on energy markets, inflation, and the global investment climate.

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