Global markets are volatile: Gold prepares to reach $5,000, Bitcoin stands firm at 90,000, while Thai stocks crash due to DELTA

Global Market Sentiment Today: US Economy Deep Dive, Employment Data, and Fed Leadership Changes to Watch

Amid concerns over energy supply disruptions, the US economy is sending mixed signals. Today’s market is closely watching the non-farm employment data (NFP) with anticipation. Analysts estimate an increase of around 55,000 jobs. If the figures confirm a soft landing, it could open the door for the Fed to implement a sharp rate cut policy, especially with Kevin Hassett managing monetary policy. This may support risk assets in the second half of the year.

Bitcoin Stalls at Psychological Level of $90,000 – Gateway to the Supercycle Era

The crypto market is in a delicate phase. Bitcoin is testing a key support zone at $90,000-$91,500 (According to current data, the price is at $96.68K). Established institutions like Bernstein and Standard Chartered remain optimistic, viewing this correction as a mere reorganization before entering the real asset transformation phase into digital tokens (Tokenization Supercycle), which will create enormous bullish momentum.

For investors, staying above $90,000 is a critical threshold. Falling below could lead to further declines, but holding firm might set a target of $150,000 by 2026.

Gold Lacks Arm: Soaring Towards $5,000 per Ounce as Central Banks’ Heartbeat Accelerates

Classic safe-haven assets like gold continue to be a refuge for risk-averse investors. The current price remains volatile at $4,440-$4,580 per ounce, serving as a buffer zone in case of geopolitical crises or financial instability.

Major banks like HSBC have raised their target to $5,000 per ounce by the first half of 2026. The reason is that central banks worldwide are still accumulating gold to reduce their dollar exposure, making gold a “must-have” asset for risk preservation.

Thai Stock Market Hurt by DELTA Pandemic: Down 27.22 Points After Major Stock Collapse

The Thai stock market (SET Index) mostly declined today, mainly due to DELTA shares being heavily impacted by significant losses. Large-scale selling at lower prices caused the stock to drop more than 12% during the session. The resilience of DELTA in the portfolio dragged the SET Index down by 15 points, reflecting the fragility of the Thai market’s dependence on a small number of stocks.

This impact caused foreign investors to sell more than 3,700 million baht, indicating a lack of confidence in the current market structure.