Shares steady, oil prices slip amid Mideast risks and looming Nvidia earnings

NEW YORK/LONDON, Aug 27 - A gauge of global shares was flat in choppy trading while oil prices slipped on Tuesday as investors weighed geopolitical risks as well as impending Nvidia earnings and U.S. inflation data.

European stocks finished up 0.16% , following a late rally in Japan's Nikkei index, which ended 0.47% higher. MSCI's all-country index of stocks was up 0.02% at 830.22. Investors were also on edge ahead of Nvidia's , earnings report on Wednesday, where anything short of a stellar forecast from the chipmaker could jolt investor confidence in the AI-fuelled rally.

The dollar index , which measures the greenback against a basket of currencies including the yen and the euro, fell 0.13% at 100.72, with the euro up 0.05% at $1.1167. "I think 25 bps is locked and loaded in terms of the market expectations at this point, but the question is, is 50 bps on the table?" St. Aubin added.

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