A look at the day ahead in European and global markets from Gregor Stuart Hunter

It turns out Nvidia’s earnings could only smother the blaze on markets for so long.

Stock markets are tumbling again after a renewed selloff in tech shares on Wall Street on Thursday, and even though there were some signs of dip-buyers creeping back into equities, investor confidence remains shot to pieces.

Anxious traders are on alert on Friday after explicit threats from Japanese Finance Minister Satsuki Katayama that intervention in FX markets could be imminent. That preceded the long-awaited announcement of a lavish $135 billion stimulus from the Takaichi administration that pummelled Japanese government bonds and the yen.

Adding to the pressure on the Bank of Japan, data released on Friday showed core

See Full Page