{"id":2707,"date":"2025-10-10T18:04:00","date_gmt":"2025-10-10T07:04:00","guid":{"rendered":"https:\/\/www.amillex.com\/?p=2707"},"modified":"2025-12-23T19:30:12","modified_gmt":"2025-12-23T08:30:12","slug":"news20251011en","status":"publish","type":"post","link":"https:\/\/www.amillex.com\/es\/2025\/10\/10\/news20251011en\/","title":{"rendered":"Amillex Daily Market Commentary: Dollar Index Breaks 99 to Eight-Month High, Silver Surges Past $50, U.S. Stocks Await Earnings Season Kickoff"},"content":{"rendered":"<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<h2 class=\"wp-block-heading\">October 10, 2025 \u2014 The U.S. dollar index climbed above the 99 mark, while the yen weakened to 153 per dollar, its lowest level in eight months. Silver made history by breaking through $50\/oz, and gold held firmly above $4,000. U.S. tech stocks led market gains, with NVIDIA hitting a new record high, while Ferrari plunged 13% on cautious guidance. Markets are now balancing between Fed policy expectations and easing geopolitical tensions.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Equities: Tech Stocks Support Global Indices; Nikkei Hits Record High<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">U.S. Markets:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Major indices closed higher \u2014 Dow +0.1%, S&amp;P 500 +0.1%, Nasdaq +0.04%.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">NVIDIA gained nearly 2%, setting a new all-time high as strong AI computing demand continues to drive the chip sector.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Ferrari fell 13% after issuing cautious forward guidance, signaling potential cooling in luxury consumption.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Asia &amp; Europe:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Japan\u2019s Nikkei 225 surged over 1.6% to 48,489, hitting a historic high, with SoftBank Group soaring 13% after announcing plans to acquire ABB\u2019s robotics business.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Germany\u2019s DAX rose 0.3% to a record high, supported by strong M&amp;A activity in industrial stocks.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Market Drivers:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Expanding AI-related capital expenditures (e.g., SoftBank\u2019s acquisition move) continue to boost tech stocks.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">The U.S. government shutdown, now in its 9th day, has created a data vacuum, amplifying the impact of company-specific news.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">FX: Dollar Strengthens Broadly, Yen Weakens to 153<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">The U.S. Dollar Index rose 0.16% to break 99, while USD\/JPY hit 153.22, its highest since February.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">EUR\/USD fell 0.2% to 1.1607, and GBP\/USD dropped to 1.3368, the lowest since September 26.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Fundamental Drivers:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Japan\u2019s political backdrop: Newly elected Prime Minister Sanae Takaichi signaled no support for FX intervention, driving a 3.5% yen depreciation since her victory.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Safe-haven flow reversal: The unresolved U.S. government shutdown and delayed Fed rate-cut expectations have boosted the appeal of dollar assets.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Precious &amp; Base Metals: Silver Breaks $50, Copper Near Record<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Silver: Spot prices broke above $50\/oz for the first time in decades, surging over 2% intraday.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Gold: Slightly down 0.1% at $4,037, but remains firmly above the $4,000 mark.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Copper: LME copper rose 1.51%, approaching record highs amid persistent supply tightness.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Key Drivers:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Industrial momentum: Demand from solar and electronics sectors continues to strengthen silver\u2019s industrial role.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Divergent safe-haven flows: The Gaza ceasefire has temporarily capped gold\u2019s upside, but continued central bank buying (PBoC\u2019s 11th consecutive month of gold accumulation) provides long-term support.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Energy &amp; Crypto: Oil Range-Bound, Ethereum Drops 3.5%<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Oil: Brent crude edged up 0.09%. Volatility narrowed after former U.S. President Trump announced a ceasefire deal between Israel and Hamas.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Crypto: Ethereum fell 3.5% below $4,400, with Bitcoin also retreating as risk appetite cooled.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Market Context:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Easing geopolitical risks reduced oil\u2019s risk premium, but OPEC+ supply discipline limited downside pressure.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">The stronger dollar and stretched valuations in tech triggered profit-taking in crypto assets.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Today\u2019s focus<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">U.S. Michigan Consumer Sentiment Index<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Canada September Employment Report<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">U.S. Government Shutdown Developments: Prolonged delay could postpone next week\u2019s CPI release, heightening policy uncertainty.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Fed Speakers: Watch for remarks from James Bullard and John Williams on labor market conditions.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Earnings Season Kickoff: JPMorgan and Citigroup results to gauge the resilience of the U.S. economy.<\/h2>\n<\/blockquote>","protected":false},"excerpt":{"rendered":"<p>October 10, 2025 \u2014 The U.S. dollar index climbed above the 99 mark, while the yen weakened to 153 per dollar, its lowest level in eight months. Silver made history by breaking through $50\/oz, and gold held firmly above $4,000. U.S. tech stocks led market gains, with NVIDIA hitting a new record high, while Ferrari [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":2708,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","_glsr_average":0,"_glsr_ranking":0,"_glsr_reviews":0,"ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[8],"tags":[],"class_list":["post-2707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news","entry","has-media"],"_links":{"self":[{"href":"https:\/\/www.amillex.com\/es\/wp-json\/wp\/v2\/posts\/2707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amillex.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amillex.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/es\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/es\/wp-json\/wp\/v2\/comments?post=2707"}],"version-history":[{"count":1,"href":"https:\/\/www.amillex.com\/es\/wp-json\/wp\/v2\/posts\/2707\/revisions"}],"predecessor-version":[{"id":2709,"href":"https:\/\/www.amillex.com\/es\/wp-json\/wp\/v2\/posts\/2707\/revisions\/2709"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/es\/wp-json\/wp\/v2\/media\/2708"}],"wp:attachment":[{"href":"https:\/\/www.amillex.com\/es\/wp-json\/wp\/v2\/media?parent=2707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amillex.com\/es\/wp-json\/wp\/v2\/categories?post=2707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amillex.com\/es\/wp-json\/wp\/v2\/tags?post=2707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}