Tech sell-off widens as Asian markets dive — Moving Markets

Listen in the Podli app 🎧

Follow your favourite podcasts, listen offline and in the car with CarPlay and Android Auto, and always pick up where you left off. Free to try.

The market reaction to Friday’s better-than-expected US jobs report started bad and got worse. The Nasdaq closed down 4.2%, marking its steepest decline since April 2025, following ‘Liberation Day’. The sell-off spread to Asia this morning, where investors slammed the brakes on the red-hot AI rally. South Korea’s KOSPI fell by more than 8%, triggering circuit breakers. Mensur Pocinci, Head of Technical Analysis, explains why he thinks the latest weakness in tech is a well-deserved pause, and why gold is on the watch list.

(00:00) - Introduction: Bernadette Anderko, Product & Investment Content
(00:21) - Markets wrap-up: Jan Bopp, Product & Investment Content
(06:44) - Technical Analysis update: Mensur Pocinci, Head of Technical Analysis
(10:39) - Closing remarks: Bernadette Anderko, Product & Investment Content

Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.