{"id":3874,"date":"2026-02-05T19:16:16","date_gmt":"2026-02-05T08:16:16","guid":{"rendered":"https:\/\/www.amillex.com\/?p=3874"},"modified":"2026-02-05T19:16:17","modified_gmt":"2026-02-05T08:16:17","slug":"amillex-daily-market-commentary-political-breakthrough-lifts-the-dollar-gold-pulls-back-toward-the-5000-mark","status":"publish","type":"post","link":"https:\/\/www.amillex.com\/es\/2026\/02\/05\/amillex-daily-market-commentary-political-breakthrough-lifts-the-dollar-gold-pulls-back-toward-the-5000-mark\/","title":{"rendered":"Amillex\u00a0Daily Market Commentary | Political Breakthrough Lifts the Dollar, Gold Pulls Back Toward the 5,000 Mark\u00a0"},"content":{"rendered":"<p class=\"has-black-color has-text-color has-link-color wp-elements-1 wp-block-paragraph\" style=\"font-size:18px\"><strong>February 5, 2026<\/strong>&nbsp;\u2014 U.S. political uncertainty eased meaningfully after the President reached a funding agreement with Senate Democrats, officially ending the risk of a prolonged partial government shutdown. The resolution restored market confidence in U.S. Treasuries and the dollar, pushing the U.S. Dollar Index to a one-week high and weighing broadly on non-USD assets.&nbsp;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-2 wp-block-paragraph\" style=\"font-size:18px\">After a strong rally to record levels, spot gold saw notable profit-taking. Prices reversed from intraday highs on Wednesday, briefly breaking below key technical support and pulling back toward the USD 5,004\/oz area. The move signals a short-term cooling in safe-haven demand, as markets reassess geopolitical risk premiums amid improving political clarity. Energy markets, however, remained&nbsp;relatively resilient. WTI crude oil advanced against the broader risk-off tone, holding near USD 64 as supply expectations and negotiation uncertainty continued to support prices.&nbsp;<\/p>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-text-align-center has-black-color has-text-color has-link-color wp-elements-3 wp-block-paragraph\" style=\"font-size:20px\"><strong>Asset Market Performance and Market Analysis<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-4 wp-block-paragraph\" style=\"font-size:18px\"><strong>1. U.S. Equity Markets<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-5 wp-block-paragraph\" style=\"font-size:18px\"><strong>Index Performance<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-6\" style=\"font-size:18px\"><strong>Dow Jones Industrial Average (DJI):<\/strong>\u00a049,501.30 (<strong>+0.53%<\/strong>).\u00a0Defensive and value-oriented blue-chip stocks attracted inflows as investors sought relative stability.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-7\" style=\"font-size:18px\"><strong>S&amp;P 500 Index (SPX):<\/strong>\u00a06,902.99 (<strong>\u22120.10%<\/strong>).\u00a0The index continued to\u00a0consolidate\u00a0below the psychologically important 7,000 level.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-8\" style=\"font-size:18px\"><strong>Nasdaq 100 Index (NDX):<\/strong>\u00a025,060.75 (<strong>+0.25%<\/strong>).\u00a0Tech shares showed mild resilience despite ongoing valuation sensitivity.\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-9 wp-block-paragraph\" style=\"font-size:18px\"><strong>Stock&nbsp;Highlight<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-10\" style=\"font-size:18px\"><strong>Tesla (TSLA):<\/strong>\u00a0USD 406.01 (<strong>\u22123.78%<\/strong>).\u00a0Shares slid to a near two-month low amid concerns over moderating EV demand and post-earnings profit-taking pressure.\u00a0<\/li>\n<\/ul>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-11 wp-block-paragraph\" style=\"font-size:18px\"><strong>2. Foreign Exchange Markets<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-12\" style=\"font-size:18px\"><strong>U.S. Dollar Index (DXY):<\/strong>\u00a097.642 (<strong>+0.27%<\/strong>).\u00a0The dollar strengthened as markets recalibrated expectations for Federal Reserve rate cuts in 2026 and safe-haven flows returned.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-13\" style=\"font-size:18px\"><strong>EUR\/USD:<\/strong>\u00a01.18006 (<strong>\u22120.05%<\/strong>).\u00a0The euro remained capped below the 1.20 handle, pressured by yield-spread dynamics and lingering geopolitical headwinds to European growth.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-14\" style=\"font-size:18px\"><strong>USD\/JPY:<\/strong>\u00a0156.928 (<strong>+0.07%<\/strong>).\u00a0Yen weakness persisted, with markets increasingly alert to potential intervention signals from the Bank of Japan as the pair approaches the 160 level.\u00a0<\/li>\n<\/ul>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-15 wp-block-paragraph\" style=\"font-size:18px\"><strong>3. Precious Metals and Commodities<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-16 wp-block-paragraph\" style=\"font-size:18px\"><strong>Metales preciosos<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-17\" style=\"font-size:18px\"><strong>Spot Gold (XAU\/USD):<\/strong>\u00a0USD 5,012.95\/oz (<strong>+0.98%<\/strong>).\u00a0Despite intraday volatility, gold successfully held above the historic USD 5,000 threshold.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-18\" style=\"font-size:18px\"><strong>Spot Silver (XAG\/USD):<\/strong>\u00a0USD 89.48\/oz (<strong>+1.46%<\/strong>).\u00a0Silver extended gains after clearing USD 85 resistance, supported by a combination of\u00a0safe-haven\u00a0flows and strong industrial demand.\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-19 wp-block-paragraph\" style=\"font-size:18px\"><strong>Commodities<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-20\" style=\"font-size:18px\"><strong>WTI Crude Oil (XTI\/USD):<\/strong>\u00a0USD 64.58\/barrel (<strong>+0.02%<\/strong>).\u00a0Oil prices found solid near-term support around USD 65, underpinned by Middle East tensions and uncertainty surrounding U.S.\u2013Iran nuclear negotiations.\u00a0<\/li>\n<\/ul>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-21 wp-block-paragraph\" style=\"font-size:18px\"><strong>4.&nbsp;<\/strong><strong>Digital Assets and Macro Dynamics<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-22\" style=\"font-size:18px\"><strong>Bitcoin (BTC\/USD):<\/strong>\u00a0USD 72,685 (<strong>\u22120.43%<\/strong>). Bitcoin entered a phase of technical consolidation after\u00a0failing to sustain\u00a0upside momentum, as rising U.S. Treasury yields weighed on risk appetite.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-23\" style=\"font-size:18px\"><strong>Ethereum (ETH\/USD):<\/strong>\u00a0USD 2,136.6 (<strong>\u22120.34%<\/strong>). Ethereum continued to underperform Bitcoin and traditional safe-haven assets.\u00a0<\/li>\n<\/ul>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-24 wp-block-paragraph\" style=\"font-size:18px\"><strong>5.&nbsp;<\/strong><strong>Today\u2019s Focus<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-25\" style=\"font-size:18px\">Bank of England (BOE) Monetary Policy Report\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-26\" style=\"font-size:18px\">BOE Monetary Policy Statement\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-27\" style=\"font-size:18px\">BOE Interest Rate Decision and Vote Breakdown\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-28\" style=\"font-size:18px\">European Central Bank (ECB) Main Refinancing Rate Decision\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-29\" style=\"font-size:18px\">ECB Monetary Policy Statement\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-30\" style=\"font-size:18px\">ECB President\u2019s Press Conference\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-31\" style=\"font-size:18px\">U.S.\u00a0Initial\u00a0Jobless Claims (week ending Jan 31)\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-32\" style=\"font-size:18px\">U.S. JOLTS Job Openings Report\u00a0<\/li>\n<\/ul>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>","protected":false},"excerpt":{"rendered":"<p>February 5, 2026&nbsp;\u2014 U.S. political uncertainty eased meaningfully after the President reached a funding agreement with Senate Democrats, officially ending the risk of a prolonged partial government shutdown. The resolution restored market confidence in U.S. Treasuries and the dollar, pushing the U.S. Dollar Index to a one-week high and weighing broadly on non-USD assets.&nbsp; After [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":3877,"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-3874","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\/3874","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/es\/wp-json\/wp\/v2\/comments?post=3874"}],"version-history":[{"count":1,"href":"https:\/\/www.amillex.com\/es\/wp-json\/wp\/v2\/posts\/3874\/revisions"}],"predecessor-version":[{"id":3875,"href":"https:\/\/www.amillex.com\/es\/wp-json\/wp\/v2\/posts\/3874\/revisions\/3875"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/es\/wp-json\/wp\/v2\/media\/3877"}],"wp:attachment":[{"href":"https:\/\/www.amillex.com\/es\/wp-json\/wp\/v2\/media?parent=3874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amillex.com\/es\/wp-json\/wp\/v2\/categories?post=3874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amillex.com\/es\/wp-json\/wp\/v2\/tags?post=3874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}