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Autonomy vs anarchy: How do we secure the future of autonomous transportation?

Imagine this: After a long, exhausting day, your car drives you home. No hands on the wheel, no stress on the road. Just plain convenience and stress relief. That’s fantastic, but only if we can use autonomous vehicles without fear of them being hacked, taken over, or driven beyond our control.

Autonomous transportation is no longer a vision of the distant future. It is here, transforming the way we move people and goods. From self-driving cars cruising down city streets to drones delivering packages to your doorstep and even life-saving medical equipment, autonomous systems are becoming integral to industries and daily life.

They promise efficiency, innovation, and accessibility. However, as they become more prevalent, the pressing question remains: How do we secure these technologies from cyber threats that could undermine their immense potential?

The reliance of autonomous systems on advanced software, artificial intelligence, and interconnected networks makes them particularly vulnerable to cyberattacks. These attacks could compromise not just operational integrity but also public safety and privacy. Securing autonomous transportation is therefore not just a technical challenge, it is a necessity.

The expanding reality of autonomous transportation

The combined market for autonomous vehicles across land, air, and sea can be valued at an estimated $62 billion USD in 2022, with rapid growth projected in the coming years. As industries embrace self-driving cars, drones, and unmanned vessels, autonomous technology is poised to revolutionise transportation and redefine how we move people and goods, cementing its place at the heart of our future.

On the road, self-driving vehicles are being developed for personal use, ride-sharing, and logistics. Companies like Uber are collaborating with artificial intelligence (AI) specialists such as Nvidia to leverage advancements in AI and computing power, aiming to enhance the efficiency and scalability of autonomous systems. These efforts highlight the vital role of robust AI capabilities in enabling the next generation of transportation solutions, alongside the critical need for securing these systems against evolving cyber threats.

In the skies, drones are revolutionising delivery services, while autonomous aerial vehicles are on the horizon for passenger transport. Companies like Zipline are leading the charge, having completed over 1.3 million commercial deliveries in the US alone, primarily for medical supplies and consumer goods demonstrating how autonomous drones are transforming logistics with unparalleled speed and efficiency. Meanwhile, autonomous aerial vehicles for passenger transport are on the horizon, hinting at an even broader future for autonomous technologies in the air.

At sea, autonomous ships are beginning to navigate global waterways, promising increased efficiency in cargo transport. The Yara Birkeland, a fully electric and autonomous container ship in Norway, is already reducing emissions while demonstrating the potential of crewless maritime logistics.

While each type of autonomous system operates in its own unique environment, they all share a common reliance on connectivity, AI, and automation. These features, while enabling their functionality, also introduce vulnerabilities that hackers could exploit.

Also Read: Cybersecurity in Asia: Trending toward a safer digital future

The cybersecurity challenges facing autonomous systems

The opportunities in common that they bring also come with common vulnerabilities, and these can be exploited across land, air, and sea.

Software vulnerabilities are a universal challenge. From malware injection to exploiting unpatched systems, attackers can compromise the very algorithms that drive autonomy, taking control or shutting down operations entirely. This threat is amplified by the interconnected nature of these systems, where a single breach could cascade across multiple vehicles or domains.

Another critical threat is GPS spoofing, where attackers feed false signals to disrupt navigation. This can misdirect self-driving cars, drones, or ships, potentially causing accidents, delays, or loss of valuable cargo. Sensor tampering is another shared vulnerability, as autonomous systems rely on cameras, LiDAR, radar, and other sensors to interpret their surroundings. A compromised sensor could provide inaccurate data, leading to operational errors or collisions.

Communication networks, such as Vehicle-to-Everything (V2X) or equivalent systems in other domains, are also prime targets for attackers. Spoofing, interception, or denial-of-service (DoS) attacks on these networks could disrupt coordination between vehicles and infrastructure, causing chaos and safety risks.

Additionally, all autonomous systems generate and store sensitive data, such as location histories, user preferences, and operational logs. If this data is accessed or stolen, it could lead to privacy violations, espionage, or even physical harm if attackers exploit it for targeted attacks.

It goes without saying that if these concerns remain unaddressed, it will continue to be a major challenge to build consumer trust and confidence in these systems.

Lessons from recent incidents

The urgency of addressing these cybersecurity challenges is underscored by real-world incidents.

In 2015, security researchers demonstrated the ability to remotely access and control various functions of a Tesla Model S, including the infotainment system, by exploiting software vulnerabilities. Tesla quickly addressed these issues with over-the-air (OTA) updates, but the incident highlighted the potential dangers of compromised software in connected vehicles.

GPS spoofing, a significant threat to autonomous systems, has been highlighted in several alarming cases. In 2019, Regulus Cyber successfully conducted a test on a Tesla Model 3, deceiving its navigation system through GPS spoofing. This caused the vehicle to exit a highway unexpectedly, showcasing the risks of over-the-air attacks on navigation systems. More recently, in 2024, reports of GPS spoofing incidents affecting commercial airliners have emerged, particularly in conflict zones. These attacks led to navigation systems displaying incorrect positions, posing significant risks to aviation safety. The implications are even more severe when considering unmanned vehicles, where human intervention is absent to correct the course.

These incidents make it clear that autonomous transportation systems must be designed with security as a foundational principle, not an afterthought. As reliance on autonomy grows, addressing these vulnerabilities is not just critical for the success of the technology but also for public safety and trust.

Also Read: Camellia Chan: Transforming cybersecurity with hardware-based solutions and and building a global brand

Building a secure future for autonomous transportation

Securing autonomous transportation requires a multi-faceted approach that addresses its unique risks. Communication protocols, such as V2X and drone-to-controller links, must minimally be fortified with encryption and authentication to prevent unauthorised access. AI systems used in autonomous vehicles and drones must be made resilient against adversarial attacks, such as manipulated traffic signs or false data inputs designed to mislead decision-making.

While software security plays a crucial role in protecting autonomous systems, it must be complemented by hardware-based security measures to offer comprehensive protection. Hardware security is uniquely positioned to detect and stop malicious actors attempting to access data in real time, addressing threats at the physical layer where critical data is generated and processed. For instance, embedded sensors in hardware can identify attempts to access or tamper with sensitive data and immediately lock down the system to prevent theft or corruption.

One of the most significant advantages of hardware security is its independence from interconnected systems. Unlike software, which often relies on a network of applications and updates, hardware can operate independently. This independence makes it far less susceptible to the cascading vulnerabilities that plague interconnected software systems, such as malware spreading through shared networks or dependencies on compromised third-party applications. Hardware’s self-contained nature ensures it can continue functioning and safeguarding critical data even when other layers of security are breached.

To build a robust future for autonomous transportation, redundancy and fail-safes must also be built into critical systems to ensure functionality during a breach. In the event of a vehicle hack – such as an attacker gaining remote control of a car’s steering, brakes, or acceleration – hardware security can act as the last line of defence. Its ability to operate autonomously and proactively ensures that the system can detect unauthorised actions in real-time, isolate the compromised components, and prevent malicious commands from causing harm.

For instance, in a scenario where navigation systems are hijacked or critical driving functions are manipulated, hardware-level monitoring can trigger a lockdown or revert the vehicle to a safe mode, overriding malicious inputs. This capability is particularly vital in high-stakes environments, such as urban areas or highways, where a compromised vehicle could endanger not only its passengers but also other road users.

Looking ahead to a bright and secure future

The future of autonomous transportation is bright, but its success hinges on public trust and safety. As these technologies become more prevalent, the industry must prioritise cybersecurity at every stage – from design and manufacturing to deployment and ongoing operation. A critical part of this effort is ensuring that hardware and software security work together seamlessly, creating a multi-layered defence against evolving threats.

Emerging innovations, such as edge computing to reduce reliance on centralised systems, further enhance this collaboration. By processing data closer to the source, edge computing minimises latency and the risks associated with transferring sensitive information over potentially vulnerable networks. This decentralised approach aligns well with the strengths of hardware security, which operates independently and can safeguard data at its point of origin.

Ultimately, the journey toward secure autonomous transportation requires continuous vigilance, innovation, and collaboration. By addressing cybersecurity challenges head-on, we can unlock the full potential of these technologies while safeguarding the people and systems they serve.

Editor’s note: e27 aims to foster thought leadership by publishing views from the community. Share your opinion by submitting an article, video, podcast, or infographic.

Join us on InstagramFacebookX, and LinkedIn to stay connected.

Image credit: Canva Pro

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Together for tomorrow: The role of collaboration in disaster tech innovation

Three people standing in front of the Wateroam booth in Echelon 2023

SAFE STEPS D-Tech Awards 2023 winner Wateroam showcases its ROAMfilter Plus 2, a lightweight, cost-effective water filtration system, at Echelon 2023

The Los Angeles wildfires have caused unprecedented devastation. Over 30,000 acres have been burned and more than 10,000 structures destroyed, including numerous homes. Approximately 180,000 residents have been evacuated and there have been at least five fatalities, with the death toll expected to rise. The economic losses are estimated between $135 billion and $150 billion. As a result, these wildfires among the costliest in U.S. history. This, and other natural disasters, sow destruction on both lives and livelihoods. The urgent need for innovative and collaborative approaches to disaster preparedness and response is clear.

That’s where the SAFE STEPS D-Tech Awards 2025 comes in. This platform is designed to identify and support life-saving innovations that mitigate the impacts of natural disasters and accelerate recovery efforts. And there is no better time, as efforts to save lives before, during, and after disasters have never been more critical. The initiative also underscores the urgent need for collaboration. Read on to find out how it brings together diverse stakeholders to address the pressing challenges posed by climate-related and other crises.

The role of collaboration in advancing disaster tech

At the heart of the SAFE STEPS D-Tech Awards is the Prudence Foundation, a leading advocate for disaster preparedness and resilience in Asia. Since its inception, Prudence Foundation has leveraged its deep expertise and expansive network. It has created a platform dedicated to saving lives through innovation. As the driving force behind the awards, its vision is to inspire transformative solutions that mitigate disaster risks and accelerate recovery efforts, ensuring communities can thrive even in the face of adversity.

This vision is realized through consistent and intentional collaboration. First, the International Federation of Red Cross and Red Crescent Societies (IFRC) contributes invaluable expertise in humanitarian response, providing a critical perspective on disaster management. This partnership ensures a comprehensive understanding of the challenges faced during crises. As a  result, it facilitates timely and effective interventions that prioritize the needs of affected communities.

Meanwhile, Amazon Web Services (AWS) lends its technological prowess, offering cloud infrastructure and support for disaster preparedness efforts. This includes their work with CropIn to reduce crop loss using climate-resilient technologies. Through this collaboration, AWS helps provide farmers with predictive analytics and real-time weather data.  This optimises agricultural practices, ensuring that crops are better protected against unpredictable climate patterns. Since 2017, they’ve responded to 145 natural disasters, leveraging cloud technology to enable solutions like climate-resilient agriculture.

Finally, e27 plays a vital role as an implementation partner. With its unparalleled connection to the startup ecosystem, it ensures that the initiative resonates with its target audience. Together, these partners exemplify the synergy required to advance the disaster technology ecosystem, proving that collaboration is the cornerstone of resilience.

Read also: e27 and Prudence Foundation champion disaster tech innovation through strategic partnerships

SAFE STEPS D-Tech Awards and the real-world impact of disaster tech

The SAFE STEPS D-Tech Awards have a proven track record of celebrating groundbreaking innovations. These innovations have made a tangible impact in disaster response and preparedness. Over the years, the Awards have provided a launchpad for startups to scale their solutions and secure key partnerships, expanding their reach and effectiveness. In 2023, Wateroam emerged as a standout winner with its ROAMfilter Plus 2, a lightweight, cost-effective water filtration system that has delivered safe drinking water to over 250,000 people across 40 countries.

The 2021 edition saw EcoWorth Tech Pte. Ltd. from Singapore take the spotlight for its transformative approach to turning local cellulosic waste into super-absorbent materials for oil spill clean-up and water treatment. The inaugural 2019 Awards celebrated FieldSight, a platform revolutionizing field operations with real-time monitoring and management capabilities, particularly in disaster-prone regions. These inspiring success stories underscore the Awards’ commitment to empowering innovators and scaling disaster tech solutions that save lives globally.

Read also: Wateroam emerges victorious at the 2023 SAFE STEPS D-Tech Awards

Introducing the SAFE STEPS D-Tech Community Hub

The SAFE STEPS D-Tech Hub booth at Echelon Singapore

In 2024, the launch of the SAFE STEPS D-Tech Community Hub marked a pivotal extension of the awards’ mission. The hub has cultivated a thriving ecosystem of over 100 members, including startups, NGOs, investors, and policymakers. This vibrant network fosters collaboration and innovation in disaster technology. As a result, it enables stakeholders to share ideas, pool resources, and form impactful partnerships. A cornerstone of the hub’s efforts is its global repository, a central platform for disaster tech news, resources, and events. Startups have also benefited from access to high-impact activities like webinars, workshops, and showcases.

Designed to foster long-term collaboration, the hub serves as a platform where innovators, funders, and enablers can connect, share resources, and scale solutions. It provides an ecosystem for stakeholders to collaborate on groundbreaking technologies that address disaster risks. Complementing the D-Tech Awards, the Hub amplifies efforts to build resilience and promote sustainable solutions, ensuring that the impact of these innovations extends well beyond the awards themselves. Join the Community Hub here.

Read also: Shaping disaster resilience in APAC through innovation with D-Tech Spotlight

Looking Ahead: The D-Tech Awards 2025

As the D-Tech Awards 2025 approach, the emphasis on collaboration remains stronger than ever. The event promises an enhanced focus on partnerships, capacity building, and innovation, driving further progress in disaster resilience. Interested organisations can look forward to the start of the application process in February. The in-person finals will take place at Echelon 2025. This key gathering for tech innovators and entrepreneurs hosted by e27 will be held on 11 June 2025.

The awards promise to continue its legacy of uncovering and promoting transformative solutions that save lives, protect communities, and expedite recovery in the aftermath of disasters.The awards offer an unparalleled opportunity for startups, organisations, and stakeholders to engage in transformative change. By fostering collaboration across sectors, the awards aim to uncover and scale solutions that save lives, protect communities, and expedite recovery during crises. 

The SAFE STEPS D-Tech Awards and Community Hub exemplify how strategic partnerships can create lasting impact in disaster tech. Organisations and stakeholders are invited to join the Hub.  Through it, they can contribute to this mission and support the journey toward a more resilient future.

Be part of the innovation that shapes tomorrow’s disaster response! Join the virtual launch of SAFE STEPS D-Tech Awards 2025 on 10 February!

This article is produced by the e27 team, sponsored by Prudence Foundation

We can share your story at e27, too. Engage the Southeast Asian tech ecosystem by bringing your story to the world. Reach out to us here to get started.

Image credit: Prudence Foundation

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‘Thai startups face challenges in funding, corporate engagement, global expansion’: A2D Ventures

Ankit Upadhyay, founder and General Partner at A2D Ventures

While Thailand’s startup ecosystem has made progress in the last several years, it still lags behind its neighbouring countries in the region, including gaps in funding access, corporate engagement, and global readiness. A2D Ventures is looking to fill these gaps with Venture Spark, a programme that empowers startups across Thailand with the funding, mentorship, and resources they need to scale locally and globally (applications for Cohort 1 are now open).

e27 spoke with Ankit Upadhyay, founder and General Partner at A2D Ventures, to learn about the Venture Spark programme and Thailand’s startup ecosystem.

Edited excerpts:

What inspired A2D Ventures and InnoSpace Thailand to launch Venture Spark, and why is now the right time for this initiative?

The last sector-agnostic accelerator in Thailand was run by mobile services provider DTAC in 2019. Since then, founders have lacked access to participate in an accelerator programme with a local focus.

We believe that Thailand’s startup ecosystem is at a turning point. It has incredible potential due to factors like the highest internet penetration, second highest GDP, highest volume of annual tourists, and a substantial population baseline of circa 70 million people. However, there are gaps in scaling venture opportunities and exposure to global mentors.

A2D Ventures and InnoSpace Thailand recognised that startups needed more than just funding—they needed a platform to access deep industry networks, a global mindset, and curated mentorship.

Also Read: How to hack product growth and user acquisition in Thailand

With Southeast Asia poised for rapid economic growth, now is the perfect time to empower Thai startups to lead this revolution and make Thailand a hub for innovation by creating the new S-curve.

What sets Venture Spark apart from other startup accelerators in Thailand?

Venture Spark doesn’t just focus on traditional mentorship and funding; we build deep, strategic partnerships with corporate giants, Thai and expat founder match-making, access to government agency grants, and global VC networks.

Our programme integrates global resources with a local focus, offering startups access to matching funds, corporate collaborations, and a pathway to scale internationally. It also fosters inclusivity for founders of every background—Thais, expats, and digital nomads alike.

What is Venture Spark’s ultimate vision for transforming Thailand’s startup ecosystem?

We aim to position Thailand as a hub for innovation in Southeast Asia. By fostering a culture of global thinking and inclusivity, we aim to produce world-class startups that solve local problems and compete on the global stage. Over time, we aspire to establish Thailand as a key player in Southeast Asia’s innovation economy.

I learned that Venture Spark has collaborated with government agencies like DEPA and NIA to provide matching funds. Can you share more about these collaborations?

Our partnership with Innospace extends its collaboration with the DEPA (Digital Economy Promotion Agency) and NIA (National Innovation Agency) to bridge the financial gaps that many startups face. These matching funds in the form of grants amplify the impact of private investments, allowing startups to access the additional capital they need to scale.

Additionally, these collaborations help foster a supportive policy environment and open doors to resources critical for growth, such as DEPA’s “Digital Startup Technology and Innovation Market,” which enables startups to access corporate and government tenders.

Venture Spark promises strong corporate collaborations with companies like ThaiBev and PTTOR. How do these partnerships help startups scale their business?

These collaborations connect startups with invaluable industry expertise, resources, and distribution networks. Companies like ThaiBev and PTTOR bring decades of operational knowledge and established ecosystems, which help startups test, refine, and scale their solutions rapidly. These partnerships also create opportunities for pilot projects and market validation at a scale most startups can only dream of.

Venture Spark emphasises inclusivity, welcoming local founders, expats, and digital nomads. How do you ensure your programme caters to such a diverse audience?

We design our programme to be highly flexible and universally accessible. From workshops conducted in English to support networks tailored for cultural nuances, we prioritise creating an environment where every founder feels supported.

Also Read: Why is fintech-driven lending a game-changer for Thai SMEs

Additionally, our mentor and advisor network includes experts from Thailand and overseas with experience across various markets and industries, ensuring diverse perspectives are integrated into our guidance.

What strategies does Venture Spark use to help Thai startups build a global mindset and scale internationally?

We focus on exposing startups to global markets early in their journey. This includes bringing in international mentors, facilitating cross-border partnerships, and organising immersion programs in key startup ecosystems worldwide.

We also emphasise the importance of building scalable business models and encourage founders to think beyond Thailand’s borders from day one.

Thailand’s startup ecosystem has grown significantly over the years. How does Venture Spark plan to address the remaining critical gaps?

While progress has been made, gaps remain in funding access, corporate engagement, and global readiness. Venture Spark addresses these by offering not just funding but also strong corporate collaborations and international market entry pathways.

Our tailored programme will help startups overcome these challenges and position them for long-term success, starting with a mindset change amongst founders.

How do you measure Venture Spark’s success, both in terms of individual startups and the broader impact on Thailand’s innovation landscape?

At the individual level, success is measured by a startup’s ability to scale sustainably, secure partnerships, secure funding, and enter new markets. On a broader scale, we look at our contribution to job creation, foreign investment inflows, and Thailand’s ranking in global innovation indices. Ultimately, we aim to create a ripple effect that benefits the entire ecosystem by building strong role models.

What are your expectations for Cohort 1, and what kind of startups are you hoping to attract?

For Cohort 1, we seek innovative startups with high-growth potential, especially those in sectors like food innovation, AI, healthtech, consumer goods, wellness, agritech, robotics, e-commerce, mobility/EV, tourism and biotech. We’re excited to work with founders who are passionate about solving significant problems and powered by a big vision to scale their businesses locally and internationally. We anticipate this first cohort will set a new benchmark for what Thai startups can achieve.

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YouTube, Circles.Life founders invest in Elev8.vc’s US$30M deeptech fund

Elev8.vc, a prominent venture capital firm in Singapore, has announced closing a US$$30 million fund aimed at propelling deeptech innovation within Southeast Asia.

The US$30 million fund has garnered backing from institutional investors, corporate partners, family offices, and experienced founders, including YouTube founder Steve Chen, Circles.Life founder Abhishek Gupta, and AppWorks.

Also Read: Unleashing the power: The fierce talent battle in deeptech innovations

The corporate investment arm of the Singapore Economic Development Board, EDBI, has joined as a strategic partner through the SG Startup Equity (SSGE) scheme. This collaboration aims to accelerate private sector investment into local deep tech startups for their global expansion from Singapore.

This new deeptech fund will support early-stage deeptech startups across various sectors, including artificial intelligence (AI), medtech, robotics, and advanced manufacturing.

The venture capital firm aims to back 20 to 30 high-potential deeptech startups, providing them with capital and strategic resources to accelerate their growth. Elev8.vc will utilise its network across Asia, Europe, and North America to connect these companies to global markets, talent, and further investment opportunities. This strategic support aims to further establish Singapore as a thriving centre for deeptech innovation.

The fund has already invested in a diverse range of companies, including Aevice, Auristone, CoNEX, Equatorial Space, Gush, KABAM Robotics, Moon Technologies, N&E Innovations, and Polybee, as well as two companies operating in stealth mode. These startups are working on technologies ranging from space exploration to sustainable materials and AI.

Also Read: Funding deeptech: Balancing potential and complexity in the search for capital

According to Elev8.vc founder and MD Aditya Mathur, deeptech founders face distinct challenges due to complex sales, development processes, and the need for significant technical expertise. This fund intends to support founders who are translating scientific discoveries into commercially viable solutions that tackle global challenges.

Elev8.vc is working with research institutions, government agencies, and corporate partners in Singapore to create a robust ecosystem that supports the success of deep tech startups.

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Geopolitical risks and economic opportunities: A market overview on global trends

The article covers the complexity of current market conditions, the ongoing geopolitical and economic risks, and the potential for growth in certain sectors, including Bitcoin, as of January 27, 2025.

Key points:

  • Global markets remain cautious as geopolitical tensions and economic uncertainty weigh on sentiment.
  • President Trump’s tariffs and sanctions on Colombia, tied to immigration policy, add to global unease.
  • Markets rebounded last week after Trump avoided immediate tariffs on Mexico, Canada, and China, easing fears of a trade war.
  • The Federal Reserve is expected to pause rate cuts, while tech earnings will be a major focus for US equities.
  • Chinese economic data, due soon, will test global sentiment.
  • US equities dipped, Treasury yields fell, the dollar weakened, and gold prices rose.
  • Bitcoin dropped 1.2 per cent but saw a rise in trading volume and market cap, signalling strong momentum despite short-term challenges.

Global risk sentiment and market rebound

Global markets are treading carefully as uncertainty continues to dominate the financial landscape. President Trump’s decision to impose tariffs and sanctions on Colombia, citing its role in obstructing his immigration goals, has added another layer of tension. This move highlights the administration’s willingness to use economic measures to achieve political ends, which has left investors wary of further disruptions.

Despite these concerns, markets managed to stage a recovery last week. Fears of an immediate trade war were eased when Trump held off on imposing tariffs on key trading partners like Mexico, Canada, and China. This decision provided some relief to investors, who had braced for a more aggressive stance. However, the underlying risks remain, and the potential for future trade conflicts continues to cast a shadow over global sentiment.

US economic developments and federal reserve outlook

In the US, all eyes are on the tech sector as earnings season kicks off. The performance of major technology companies will be critical, as this sector has been a driving force behind market gains in recent years. Strong results could help stabilise equities, while weaker-than-expected numbers might amplify concerns about the broader economy.

Meanwhile, the Federal Reserve is widely expected to hold interest rates steady in its upcoming meeting. This pause in the rate-cutting cycle reflects a cautious approach to monetary policy, as the Fed navigates a mixed economic environment. Investors will be closely watching for any signals about future policy moves, as these could have significant implications for both domestic and global markets.

Chinese economic data and asian market trends

Outside the US, attention is turning to China, where key economic activity data is set to be released. This data will offer valuable insights into the health of the Chinese economy, which has been grappling with slower growth and ongoing trade tensions. A strong reading could boost global sentiment, while weaker numbers might deepen concerns about the global recovery.

Asian markets have been mixed in early trading, reflecting the region’s sensitivity to both local and international developments. As investors digest the implications of US policies and await Chinese data, volatility is likely to remain a key feature of the market in the near term.

Also Read: The human factor: B2B marketing in 2025

Market performance: Equities, bonds, and commodities

US equities saw a slight decline, with the MSCI US index down 0.8 per cent. However, the Real Estate sector stood out, gaining 1.2 per cent as investors sought defensive plays. Treasury yields also fell, with the 10-year yield dropping to 4.62 per cent and the two year yield slipping to 4.27 per cent. These moves suggest a cautious approach by investors, who are seeking safer assets amid ongoing uncertainty.

The US dollar continued its recent pullback, falling 0.6 per cent, while gold prices rose 0.6 per cent, nearing US$2,800 per ounce. Gold’s upward momentum reflects its appeal as a safe-haven asset in times of uncertainty. In the oil market, Brent crude remained below US$80 per barrel, with geopolitical tensions and OPEC+ dynamics adding to the complexity. President Trump’s pressure on Russia to resolve the Ukraine conflict and his demands for lower crude prices have further complicated the outlook for energy markets.

Bitcoin performance and market sentiment

Bitcoin, the world’s largest cryptocurrency, experienced a 1.2 per cent drop over the past 24 hours, trading at US$107,098.75. Despite the decline, trading volume surged by 13 per cent to US$83.05 billion, and market capitalisation rose by two per cent to US$2.09 trillion. These figures suggest that while Bitcoin is facing short-term challenges, there is still strong underlying momentum in the market.

Technical indicators paint a cautiously optimistic picture. The Relative Strength Index (RSI) is at 60.68, signalling mild bullish strength while staying below the overbought level of 70. Additionally, the Moving Average Convergence Divergence (MACD) shows a bullish crossover, with the MACD line at 2,474.87 above the signal line at 1,732.52. Resistance is expected at US$106,251, with support at US$102,693. While Bitcoin’s price remains volatile, the broader market sentiment appears to be leaning toward further gains in the near term.

Conclusion

Global markets are navigating a complex web of risks and opportunities, shaped by geopolitical tensions, economic data, and central bank policies. While last week’s rebound in equities provided some relief, the underlying uncertainties—ranging from US trade policies to Chinese economic performance—continue to weigh on sentiment.

In the cryptocurrency space, Bitcoin’s recent dip highlights the challenges facing digital assets in today’s environment. However, strong trading activity and bullish technical indicators suggest that the market still has room to grow. As investors monitor these developments, staying adaptable and informed will be crucial for navigating the road ahead.

Editor’s note: e27 aims to foster thought leadership by publishing views from the community. Share your opinion by submitting an article, video, podcast, or infographic.

Join us on InstagramFacebookX, and LinkedIn to stay connected.

Image courtesy of the author.

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