📌 Global Market Overview | Wednesday, May 27 Global markets stayed cautious as U.S.–Iran negotiation headlines remained mixed. The White House denied reports of a temporary Hormuz deal, while Trump said he is still not satisfied with the pace of talks. U.S. equities stayed near record levels, but momentum cooled. $QQQ slipped slightly, $SPY was almost flat, while $DIA remained positive. $BTC weakened sharply, showing crypto risk appetite is still fragile. Market Snapshot $XAU Gold: $4,406.81 (-1.10%) $QQQ Nasdaq 100: $729.45 (-0.12%) $SPY S&P 500: $750.46 (-0.02%) $DIA Dow Jones: $506.88 (+0.33%) $USOIL WTI Crude: $94.63 (+2.15%) $DXY Dollar Index: 99.29 $BTC Bitcoin: $73.39K (-2.99%) Key Takeaway Markets are not fully risk-off, but confidence is weaker. Equities are holding near highs, oil bounced, and Bitcoin is under pressure. The next key catalyst is U.S. Core PCE. A hot print could support the dollar and yields, pressure gold and crypto, and test equity momentum again. Bottom line: cautiously risk-on, but highly sensitive to Iran headlines, oil volatility, and Fed inflation signals #OKXOrbitTopics #DailyOrbit