Episode
Tech sell-off widens as Asian markets dive
- Podcast
- Moving Markets
- Published
- Jun 8, 2026
- Duration seconds
- 686
- Processing state
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- https://share.transistor.fm/s/31569b8e
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Summary
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.