MarketPulse - The Beat of the Global Markets

Chart alert: Dow Jones (DJIA) under pressure, medium-term uptrend at risk
The Dow Jones Industrial Average is showing signs of technical deterioration after underperforming other major US equity indices throughout the current bull cycle. Rising geopolitical tensions in the Middle East, higher Treasury yields, and a bear-flattening yield curve are tightening financial conditions and weighing on cyclical sectors. Technical indicators, including a breakdown below ascending channel support and bearish RSI divergence, suggest near-term downside risks remain elevated.
by Kelvin Wong
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Asia open: Middle East tensions drive oil higher as S&P 500 snaps winning streak
Global markets retreated as renewed U.S.-Iran tensions disrupted ceasefire hopes and pushed oil prices higher. The S&P 500 snapped a nine-day winning streak while technology shares came under pressure after Broadcom issued weaker-than-expected AI growth guidance. Meanwhile, rising energy costs, strong labour markets, and persistent inflation reinforced expectations of further monetary tightening from major central banks, weighing on investor sentiment worldwide.
by Kelvin Wong
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
Asia open: AI exuberance rotates into small caps amid sticky inflation and looming central bank tightening
Global stock markets climbed to record highs as AI-driven investment expanded beyond mega-cap technology firms into small-cap industrial and infrastructure companies. Alphabet’s surprise US$80 billion capital raise underscored the enormous funding demands of the AI supercycle, while stronger U.S. labour data and rising Eurozone inflation reinforced expectations for tighter monetary policy. Investors are now balancing growth optimism against mounting interest-rate risks.
by Kelvin Wong
Asia open: US stock futures dipped on conflicting US-Iran news after S&P 500 scaled a historic high
Global stock markets reached new record highs as investors embraced AI-driven growth and improving U.S.-Iran diplomatic prospects. Strong U.S. manufacturing data reinforced confidence in the AI infrastructure boom, while major technology firms such as Nvidia, Dell, and Oracle led gains. However, beneath the surface, consumer savings have fallen to near post-financial-crisis lows and market leadership remains heavily concentrated in a handful of AI-related stocks, raising concerns over long-term
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
Cryptos fail to generate momentum continuous confusion – BTC and Ethereum (ETH) Technical Outlook
Cryptocurrency Market update: Bitcoin and Ethereum remain trapped in a tight, rangebound grind as digital assets decouple from the record-breaking rally seen in traditional US equities. While the tech-heavy Nasdaq surges on Strait of Hormuz peace headlines, explore our technical outlook to see if BTC’s consolidation around the $76,000 handle is signalling a localized top or a launching pad for a delayed catch-up rally.
by Elior Manier
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Top commodities news and analysis

Asia open: Middle East tensions drive oil higher as S&P 500 snaps winning streak
Global markets retreated as renewed U.S.-Iran tensions disrupted ceasefire hopes and pushed oil prices higher. The S&P 500 snapped a nine-day winning streak while technology shares came under pressure after Broadcom issued weaker-than-expected AI growth guidance. Meanwhile, rising energy costs, strong labour markets, and persistent inflation reinforced expectations of further monetary tightening from major central banks, weighing on investor sentiment worldwide.
by Kelvin Wong
Asia open: US stock futures dipped on conflicting US-Iran news after S&P 500 scaled a historic high
Global stock markets reached new record highs as investors embraced AI-driven growth and improving U.S.-Iran diplomatic prospects. Strong U.S. manufacturing data reinforced confidence in the AI infrastructure boom, while major technology firms such as Nvidia, Dell, and Oracle led gains. However, beneath the surface, consumer savings have fallen to near post-financial-crisis lows and market leadership remains heavily concentrated in a handful of AI-related stocks, raising concerns over long-term
by Kelvin Wong
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Central banks news

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