MarketPulse - The Beat of the Global Markets

Asia open: US stock futures and Asia Pacific equities wobbled on a firmer US dollar
Global markets entered a more cautious phase as a stronger US dollar and rising Treasury yields offset positive sentiment from easing Middle East tensions. Oil prices continued to decline following the US-Iran 60-day peace roadmap and temporary authorisation of Iranian crude exports. AI-related capital expenditure remained a bright spot, with Micron and Anthropic unveiling a major strategic partnership that lifted semiconductor stocks and reinforced the long-term AI infrastructure investments.
by Kelvin Wong
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Asia open: Markets whipsawed as fresh geopolitical friction jolts Switzerland peace talks
Global markets started the week cautiously as fresh geopolitical friction disrupted US-Iran peace negotiations in Switzerland. Although the Strait of Hormuz remains open and crude oil exports continue to flow normally, investors remain wary of potential setbacks to a permanent agreement. The US dollar extended its strength on the back of the Federal Reserve's hawkish policy stance, while Asian currencies faced renewed pressure and equity performance diverged across the region.
by Kelvin Wong
A hawkish Fed and a dovish SNB are driving gains in USDCHF
USDCHF extended its upward move, gaining 1.3% this week and more than 3.3% since the start of the month. The pair was supported by a stronger US dollar after hawkish signals from the Fed, while the Swiss franc weakened as the SNB kept rates at 0% and signaled readiness to intervene in the FX market.
by Krzysztof Kamiński
Asia open: US stock futures retreated ahead of Juneteenth holiday, US dollar remains firm
Global markets are adjusting to a new post-conflict reality as the Strait of Hormuz officially reopens following the US-Iran peace agreement. Oil prices have plunged to multi-month lows, removing much of the geopolitical inflation premium that dominated markets earlier this year. Meanwhile, the US dollar remains firmly supported by the Federal Reserve’s hawkish stance under Chair Kevin Warsh, while equities balance improving risk sentiment against higher-for-longer interest rates.
by Kelvin Wong
Asia open: Wall Street slumps as Kevin Warsh delivers hawkish hold, GBP/USD’s plunge hits support ahead of BoE
Global markets reacted sharply after the Federal Reserve delivered a hawkish hold at its June 2026 FOMC meeting. New Fed Chair Kevin Warsh kept interest rates unchanged but surprised investors by removing traditional forward guidance and signalling a stronger data-dependent policy framework. The shift triggered a selloff in US equities, boosted the US dollar, pressured gold prices, and reinforced expectations that the Fed could still raise interest rates before the end of 2026.
by Kelvin Wong

Top cryptocurrency news and analysis

Chart alert: Bitcoin (BTC/USD) potential near-term bullish reversal emerging from the sub-$70K plunge
Bitcoin (BTC/USD) has suffered a sharp 16% correction after MicroStrategy’s unexpected sale of part of its Bitcoin holdings triggered a breakdown in market sentiment and accelerated ETF outflows. However, technical and on-chain indicators are now pointing toward potential selling exhaustion. Oversold RSI conditions, elevated long liquidations, and continued accumulation by long-term holders suggest Bitcoin may be nearing a bullish reversal if it can maintain support above US$62,250.
by Kelvin Wong
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Top commodities news and analysis

Asia open: US stock futures and Asia Pacific equities wobbled on a firmer US dollar
Global markets entered a more cautious phase as a stronger US dollar and rising Treasury yields offset positive sentiment from easing Middle East tensions. Oil prices continued to decline following the US-Iran 60-day peace roadmap and temporary authorisation of Iranian crude exports. AI-related capital expenditure remained a bright spot, with Micron and Anthropic unveiling a major strategic partnership that lifted semiconductor stocks and reinforced the long-term AI infrastructure investments.
by Kelvin Wong
Asia open: Markets whipsawed as fresh geopolitical friction jolts Switzerland peace talks
Global markets started the week cautiously as fresh geopolitical friction disrupted US-Iran peace negotiations in Switzerland. Although the Strait of Hormuz remains open and crude oil exports continue to flow normally, investors remain wary of potential setbacks to a permanent agreement. The US dollar extended its strength on the back of the Federal Reserve's hawkish policy stance, while Asian currencies faced renewed pressure and equity performance diverged across the region.
by Kelvin Wong
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Central banks news

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