Asian shares track Wall Street futures lower as Nvidia’s results disappoint

Asian shares followed Wall Street futures lower on Thursday as Nvidia’s results disappointed some bullish investors, while the dollar steadied and the Treasury yield curve came within a whisker of turning positive.

Investors now await US weekly jobless claims, which have gained prominence given the Federal Reserve’s focus on the health of the labour market, as well as inflation readings from Germany and Spain, for clues on rate-cut prospects beyond September.