أنت تشاهد الآن Amillex Daily Market Commentary | US Treasuries Fall as Spot Gold Surges Over 4% to Near 2-Month Highs

تعليق أميليكس اليومي على السوق | انخفاض سندات الخزانة الأمريكية مع ارتفاع سعر الذهب الفوري فوق 41 سنتًا ليصل إلى أعلى مستوياته في شهرين تقريبًا

August 6, 2026 – Early Thursday in the Asian session, spot gold was trading near $4,250/oz. In the previous trading session, gold displayed explosive bullish momentum, surging over 4% in a single day and touching an intraday peak of $4,267.55/oz—marking a new high in nearly two months. This sharp rally was primarily driven by a significant decline in US Treasury yields and diminishing market bets on further Federal Reserve rate hikes. Meanwhile, WTI crude oil is currently trading near $75/barrel; despite reports that both parties have reached a preliminary draft agreement to reopen the Strait of Hormuz pending final approval, underlying geopolitical volatility continues to keep capital highly cautious, hovering between commodities and safe-haven assets.

From a macroeconomic perspective, falling Treasury yields provided immediate valuation support for non-yielding gold, while easing rate hike expectations opened up further upside potential. Although progress on the Strait of Hormuz agreement offered short-term geopolitical relief, the market maintains a defensively “cautiously optimistic” stance ahead of final execution. Looking ahead, the specific execution details of the geopolitical situation alongside upcoming US employment and inflation data will serve as key market drivers. If macro data continues to signal economic deceleration, gold could remain elevated or test higher levels; conversely, investors should beware of potential temporary pullbacks driven by profit-taking at higher levels.

أداء الأصول والتحليل الأساسي

1. سوق الأسهم الأمريكية

أداء المؤشر

  • Dow Jones Industrial Average (DJI): Reported at 54,354.44, up 263.03 points (+0.49%). Traditional value and industrial heavyweights showed solid resilience. Capital rotated out of high-valuation tech mega-caps into defensive and cyclical blue-chip sectors, pushing the Dow steadily higher above the 54,000 threshold.
  • S&P 500 Index (SP500): Reported at 7,743.60, up 3.20 points (+0.04%). Caught in a tug-of-war between tech pullbacks and value stock resilience, the S&P 500 hovered in a tight sideways pattern near historical record highs around 7,740, reflecting wait-and-see sentiment ahead of policy signals and earnings reports.
  • Nasdaq 100 Index Futures (NQ1!): Reported at 29,555.00, down 60.00 points (-0.20%). Under pressure from revised earnings expectations among mega-cap tech giants and profit-taking on stretched valuations, Nasdaq futures pulled back, with selling pressure emerging around 29,600.

أبرز مميزات الأسهم

  • Alphabet / Google (GOOG): Reported at $362.43, dropping 4.03% (-$15.22). Surging AI capital expenditures combined with antitrust regulatory concerns stoked fears over short-term margin compression, triggering technical profit-taking that led tech weights lower.
  • Amazon (AMZN): Reported at $272.65, falling 1.72% (-$4.77). Heavy CapEx in cloud computing and e-commerce prompted short-term investors to lock in profits, sending the price back to test support around $270.
  • Tesla (TSLA): Reported at $321.55, down 1.77% (-$5.80). Its high-beta characteristics caused TSLA to continue consolidating amid broader tech sector pullbacks.
  • Apple (AAPL): Reported at $311.00, bucking the trend with a 0.52% gain (+$1.62). Backed by robust cash flow and defensive appeal, Apple held resilient during the broader tech sell-off, staying securely above $310.
  • Intel (INTC): Reported at $101.06, edging up 0.20% (+$0.20). Showing initial signs of bottoming out and stabilizing near the $100 psychological level.

2. سوق الصرف الأجنبي

  • US Dollar Index (DXY): Reported at 99.661, down slightly by 0.03% (-0.028). The dollar consolidated in a tight range around 99.6. Markets are carefully pricing in the pace of the Fed’s policy pivot, seeking balance between soft-landing expectations and high-rate tail risks, leaving the greenback lacking momentum for a directional breakout.
  • USD/JPY: Reported at 157.684, down 0.05% (-0.086). Despite ongoing verbal intervention from the Bank of Japan regarding an exit from ultra-loose monetary policy, upside momentum for the yen remains constrained by wide US-Japan rate differentials, keeping the pair consolidating near 157.7.
  • زوج اليورو/الدولار الأمريكي: Reported at 1.15566, up 0.03% (+0.00035). Slowing Eurozone growth continues to cap euro gains, locking the currency in a sideways pattern near the 1.155 handle.

3. المعادن الثمينة والسلع

المعادن الثمينة

  • Spot Gold (XAUUSD): Reported at $4,287.32/oz, surging $40.05 (+0.94%). Fueled by structural de-dollarization, global geopolitical risk, and safe-haven demand against central bank balance sheet expansion, gold displayed powerful bullish momentum, breaking resistance at $4,280 as it closes in on record highs.
  • Spot Silver (XAGUSD): Reported at $62.34/oz, up $0.29 (+0.47%). Driven jointly by financial safe-haven flows and robust industrial demand from photovoltaics and electronics, silver firmly held the $62 support level.

السلع

  • WTI Crude Oil (XTIUSD): Reported at $75.13/barrel, down 0.17% (-$0.13). After breaking out of its previous trading range, oil paused near $75. Geopolitical risk premiums and cyclical demand headwinds remain locked in a stalemate.

4. الأصول المشفرة والديناميكيات الكلية

  • Bitcoin (BTCUSD): Reported at $64,626, up 0.04% (+$26). Following elevated volatility, Bitcoin entered a technical bottoming phase around $64,600. With global liquidity heavily favoring traditional safe havens like gold, crypto assets lack aggressive buying momentum in the short term.
  • Ethereum (ETHUSD): Reported at $1,909.25, up 0.10% (+$1.96). ETH consolidated tightly around the $1,900 level, remaining relatively sluggish as capital flows remain highly concentrated elsewhere.

5. Key Event Today

  • US Initial Jobless Claims