Central Banks, Big Tech Deals in Focus | The Asia Trade 7/27/2026

Summary

Asian markets start a week dominated by central bank decisions and big tech earnings. Oil prices fall as the US pauses strikes on Iran, easing some inflation fears. NVIDIA CEO Jensen Huang declares a 'golden age' for Korea, announcing a $1 billion investment in NAVER and a massive partnership with SK Group, while forecasting the semiconductor industry must grow 10x. Goldman Sachs issues a bullish call on Japanese banks, and UBP stays long the AI trade. CXMT, China's memory champion, debuts after a record IPO. Bank Indonesia's governor unexpectedly resigns.

• Central bank week with Fed, BOJ, BOE decisions in focus.
• Oil falls as US pauses strikes on Iran for a second night.
• NVIDIA's Jensen Huang calls this a golden age for Korea, announces $1B NAVER investment and SK Group partnership.
• Huang says the semiconductor industry needs to be 10x larger over the next decade.
• Goldman Sachs' Makoto Kuroda is bullish on Japanese banks due to rising rates, loan growth, and capital markets.
• UBP's Kieran Calder reiterates a long AI trade conviction.
• CXMT, China's key memory chipmaker, lists at an opportunistic time amid memory shortages.
• Bank Indonesia governor steps down for personal reasons, adding to EM uncertainty.