In Brief: major data releases of the week

Wednesday, 25 February 2026

-Australia CPI: Economists say January is a seasonally softer month with the headline seen one-tenth lower at 3.7%. The RBA’s focus is on the trimmed mean with consensus forecasting a rise of 0.3% m/m and 3.3% y/y. Electricity and food prices are expected to leave inflation still elevated.

-Nvidia Earnings: Q4 results are a big risk event for broader markets as NVDA is still the AI darling amid the AI disruption theme. Fourth quarter EPS is forecast at $1.53 on revenues of $65.7bn, with gross margins just shy of 75%. Full year EPS is predicted at $4.69 and revenues of $213.6bn, while Q1 guidance is predicted at $1.66 EPS and $70.1bn. Guidance on chip demand and Big Tech capex figures will be watched.

Friday, 27 February 2026

-Tokyo CPI: This data is the forerunner to nationwide inflation. January figures were lower than expected, though still above the BoJ’s 2% target, reflecting base effects in food prices and lower energy costs.  Cooler CPI and more muted economic activity is likely to see the BoJ in wait-and-see mode. Key will be the April spring wage negotiations.

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