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MarketPulse - The Beat of the Global Markets

US PCE inflation remains sticky in May as consumer spending accelerates; EURUSD reacts
May PCE inflation remained sticky at 4.1% headline and 3.4% core, underscoring persistent price pressures and supporting the Federal Reserve’s "higher for longer" policy outlook. Following the release, EURUSD has staged a technical breakout above its descending channel, with bullish momentum building. Explore our latest market analysis for insights into the economic drivers and key technical levels impacting the pair.
26-06-2026 00:15 GMT by Moheb Hanna
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Asia open: Micron earnings beat sparks global semiconductor rally, USD remains firm
Global technology stocks rebounded after Micron Technology delivered blockbuster FY Q3 earnings and record guidance, reinforcing confidence that AI infrastructure spending remains exceptionally resilient. Strong demand for HBM reignited semiconductor shares across Asia, while crude oil extended losses as the reopening of the Strait of Hormuz continued to unwind the geopolitical risk premium. Investors are now turning their focus to the US Core PCE inflation as the next major market catalyst.
25-06-2026 03:50 GMT by Kelvin Wong
Micron Technology (MU) forecast: Bearish momentum signals are emerging
Micron Technology heads into its FYQ3 earnings release after an extraordinary 268% year-to-date rally, making it one of the best-performing AI infrastructure stocks of 2026. Investors are closely watching demand for high-bandwidth memory, DRAM and NAND pricing, margin expansion, and forward guidance to gauge the sustainability of the AI spending boom. While fundamentals remain strong, technical indicators suggest the stock may be vulnerable to profit-taking.
24-06-2026 11:22 GMT by Kelvin Wong
Asia open: Tech selloff deepens as US Dollar strength pressures global markets
Global markets turned defensive as a broad technology selloff hit Wall Street and Asia-Pacific semiconductor stocks. The Nasdaq 100 plunged 3.3% while the US Dollar Index extended its breakout above 101.00, supported by rising Treasury yields and persistent higher-for-longer rate expectations. Meanwhile, oil prices continued to slide as Iranian export waivers and normalised Strait of Hormuz shipping flows accelerated the unwinding of the geopolitical risk premium.
24-06-2026 04:40 GMT by Kelvin Wong
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.
23-06-2026 04:08 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
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Top commodities news and analysis

USD_Bank_Note_US_Dollar
Asia open: Micron earnings beat sparks global semiconductor rally, USD remains firm
Global technology stocks rebounded after Micron Technology delivered blockbuster FY Q3 earnings and record guidance, reinforcing confidence that AI infrastructure spending remains exceptionally resilient. Strong demand for HBM reignited semiconductor shares across Asia, while crude oil extended losses as the reopening of the Strait of Hormuz continued to unwind the geopolitical risk premium. Investors are now turning their focus to the US Core PCE inflation as the next major market catalyst.
25-06-2026 03:50 GMT by Kelvin Wong
Semiconductors_Machine_Electrical
Asia open: Tech selloff deepens as US Dollar strength pressures global markets
Global markets turned defensive as a broad technology selloff hit Wall Street and Asia-Pacific semiconductor stocks. The Nasdaq 100 plunged 3.3% while the US Dollar Index extended its breakout above 101.00, supported by rising Treasury yields and persistent higher-for-longer rate expectations. Meanwhile, oil prices continued to slide as Iranian export waivers and normalised Strait of Hormuz shipping flows accelerated the unwinding of the geopolitical risk premium.
24-06-2026 04:40 GMT by Kelvin Wong
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Central banks news

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