OANDA Group
CFXS
Newsletter
Open hamburger menu

MarketPulse - The Beat of the Global Markets

Asia open: Trump’s Iran strike threat and tech rout spark stagflation
Global markets turned sharply risk-off as President Trump’s threat of hard strikes on Iran sent WTI crude back above US$90 and revived stagflation fears. Hot US CPI data reinforced expectations of a higher-for-longer Federal Reserve stance, pressuring equities, bonds, and precious metals. Technology stocks led losses as stretched AI valuations and mega-IPO liquidity concerns weighed on sentiment, while Asia Pacific markets opened broadly lower amid renewed currency stress.
11-06-2026 04:18 GMT by Kelvin Wong
US_Presidential_Election_Building_White_House_Flag
Chart alert: USD/JPY advances toward the next 161.60/95 key intervention levels
USD/JPY remains on a bullish footing as widening US-Japan yield spreads reinforce demand for the US dollar ahead of key US inflation data and the Bank of Japan’s policy meeting. Markets are increasingly pricing a Federal Reserve rate hike later this year, while the BOJ is expected to raise rates but potentially slow its bond tapering programme. Technically, USD/JPY continues to trend higher toward the critical intervention zone near 160.65, where Japanese authorities may step in again.
10-06-2026 09:34 GMT by Kelvin Wong
Asia open: Tech rout and geopolitical volatility ignite risk-off
Global markets turned risk-off as technology stocks extended their recent correction, geopolitical tensions between the US and Iran resurfaced, and investors prepared for key US inflation data. Semiconductor shares remained volatile amid concerns over AI valuations and liquidity pressures from upcoming mega-IPOs such as SpaceX and OpenAI. Meanwhile, Bank Indonesia surprised markets with an emergency rate hike, while the Bank of Japan signalled flexibility on bond market support.
10-06-2026 04:57 GMT by Kelvin Wong
Chart alert: SPX 500 weak market breadth and Fed rate hike fears signal further downside risk
The S&P 500 is showing signs of increasing vulnerability as weak market breadth, rising Treasury yields, and growing expectations of Federal Reserve rate hikes weigh on investor sentiment. Despite a strong rebound in semiconductor stocks, only a handful of sectors participated in the recovery. Technical indicators, including a bearish divergence in the NYSE Advance/Decline line and resistance at the 20-day moving average, suggest further downside risks for US equities in the near term.
09-06-2026 07:46 GMT by Kelvin Wong
Asia open: Dip buyers spark tech rebound on weak market breadth
Global markets rebounded as dip buyers returned aggressively to semiconductor and AI-related stocks, driving the Nasdaq 100 higher despite weak market breadth. A temporary Israel-Iran ceasefire helped contain oil prices and ease geopolitical concerns, while Treasury yields remained elevated amid expectations of a prolonged higher-rate environment. Investors are also preparing for the record-breaking SpaceX IPO, which could reshape liquidity flows across global equity markets.
09-06-2026 04:04 GMT by Kelvin Wong

Top cryptocurrency news and analysis

CryptoBitcoin_Gold_Black_Coins
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.
03-06-2026 11:31 GMT by Kelvin Wong
More crypto news chevron_right

Top commodities news and analysis

US_Presidential_Election_Building_White_House_Flag
Asia open: Trump’s Iran strike threat and tech rout spark stagflation
Global markets turned sharply risk-off as President Trump’s threat of hard strikes on Iran sent WTI crude back above US$90 and revived stagflation fears. Hot US CPI data reinforced expectations of a higher-for-longer Federal Reserve stance, pressuring equities, bonds, and precious metals. Technology stocks led losses as stretched AI valuations and mega-IPO liquidity concerns weighed on sentiment, while Asia Pacific markets opened broadly lower amid renewed currency stress.
11-06-2026 04:18 GMT by Kelvin Wong
Computer_Screen_Chart
Asia open: Tech rout and geopolitical volatility ignite risk-off
Global markets turned risk-off as technology stocks extended their recent correction, geopolitical tensions between the US and Iran resurfaced, and investors prepared for key US inflation data. Semiconductor shares remained volatile amid concerns over AI valuations and liquidity pressures from upcoming mega-IPOs such as SpaceX and OpenAI. Meanwhile, Bank Indonesia surprised markets with an emergency rate hike, while the Bank of Japan signalled flexibility on bond market support.
10-06-2026 04:57 GMT by Kelvin Wong
More commodities news chevron_right

Central banks news

More central banks news chevron_right