{"id":4164,"date":"2026-03-04T15:04:44","date_gmt":"2026-03-04T04:04:44","guid":{"rendered":"https:\/\/www.amillex.com\/?p=4164"},"modified":"2026-03-04T15:04:45","modified_gmt":"2026-03-04T04:04:45","slug":"amillex-daily-market-review-dollar-strength-triggers-long-liquidation-can-geopolitical-risks-support-gold","status":"publish","type":"post","link":"https:\/\/www.amillex.com\/es\/2026\/03\/04\/amillex-daily-market-review-dollar-strength-triggers-long-liquidation-can-geopolitical-risks-support-gold\/","title":{"rendered":"Amillex\u00a0Daily Market Review | Dollar Strength Triggers Long Liquidation \u2014 Can Geopolitical Risks Support Gold?\u00a0"},"content":{"rendered":"
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March 4, 2026<\/strong> \u2014 Global financial markets were hit by sharp volatility as multiple macro forces collided. On Tuesday, spot gold came under heavy selling pressure, dropping more than 4% intraday to trade near $5,123 per ounce<\/strong>. Expectations for the Federal Reserve\u2019s first rate cut have now been pushed back from July to September. As the rate-cut outlook softens, investors have shifted toward a \u201ccash is king\u201d stance amid extreme volatility, temporarily weakening gold\u2019s short-term appeal. Although prolonged tensions in the Middle East continue to raise longer-term inflation concerns, tighter liquidity conditions have made it difficult for gold to sustain its previous one-way rally. Gold futures closed down 3.5%, reflecting defensive repositioning at elevated levels. <\/p>\n\n\n\n

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Asset Performance & Fundamental Overview<\/strong> <\/p>\n\n\n\n

1. U.S. Equity Market<\/strong> <\/p>\n\n\n\n

Index Performance<\/strong> <\/p>\n\n\n\n

    \n
  • Dow Jones Industrial Average (DJI):<\/strong>48,501.27, down over 400 points (-0.83%).\u00a0<\/li>\n<\/ul>\n\n\n\n
      \n
    • S&P 500 (SP500):<\/strong>6,807.07, up slightly by 0.02%. The index traded in a tight range, with bulls and bears battling around the 6,800 level.\u00a0<\/li>\n<\/ul>\n\n\n\n
        \n
      • Nasdaq 100 (NQ1):<\/strong>24,720.00, down 0.14%. Growth and tech stocks have lost momentum after the recent rally, as markets reassess uncertainty around the\u00a0rate\u00a0path.\u00a0<\/li>\n<\/ul>\n\n\n\n

        Stock Focus<\/strong> <\/p>\n\n\n\n

          \n
        • Tesla (TSLA):<\/strong>$392.43, down 2.70%. As a bellwether growth stock, Tesla\u2019s pullback weighed on the Nasdaq, driven by concerns over slowing downstream demand growth and margin pressure.\u00a0<\/li>\n<\/ul>\n\n\n\n
          <\/div>\n\n\n\n

          2. Foreign Exchange Market<\/strong> <\/p>\n\n\n\n

            \n
          • U.S. Dollar Index (DXY):\u00a0<\/strong>99.178, up 0.11%. The dollar\u00a0remains\u00a0resilient above the 99 level, supported by renewed\u00a0safe-haven\u00a0flows amid global growth uncertainty.\u00a0<\/li>\n<\/ul>\n\n\n\n
              \n
            • EUR\/USD:\u00a0<\/strong>1.15943, down 0.16%. Weak growth momentum in the Eurozone and a still-wide U.S.-EU rate differential continue to limit the euro\u2019s rebound potential.\u00a0<\/li>\n<\/ul>\n\n\n\n
                \n
              • USD\/JPY:\u00a0<\/strong>157.613, down 0.05%. The yen is showing some resistance near the 158 level, with markets closely watching the Bank of Japan\u2019s stance on inflation expectations.\u00a0<\/li>\n<\/ul>\n\n\n\n
                <\/div>\n\n\n\n

                3. Precious Metals & Commodities<\/strong> <\/p>\n\n\n\n

                Metales preciosos<\/strong> <\/p>\n\n\n\n

                  \n
                • Spot Gold (XAUUSD):\u00a0<\/strong>$5,133.88 per ounce. Despite recent volatility, gold\u00a0remains\u00a0firm above the $5,100 level, supported by safe-haven demand and ongoing central bank purchases, making it a key macro hedge asset.\u00a0<\/li>\n<\/ul>\n\n\n\n
                    \n
                  • Spot Silver (XAGUSD):\u00a0<\/strong>$83.1026 per ounce. Silver continues to show higher volatility than gold, driven by its dual role as both an industrial and safe-haven asset.\u00a0<\/li>\n<\/ul>\n\n\n\n

                    Commodities<\/strong> <\/p>\n\n\n\n

                      \n
                    • Crude Oil (XTIUSD):\u00a0<\/strong>$75.06 per barrel, up 0.20%. Oil prices are finding technical support near $75, backed by geopolitical risk and expectations of tight supply conditions.\u00a0<\/li>\n<\/ul>\n\n\n\n
                      <\/div>\n\n\n\n

                      4. Crypto Assets & Macro Developments<\/strong> <\/p>\n\n\n\n

                        \n
                      • Bitcoin (BTCUSD):\u00a0<\/strong>$68,028, down 0.45%. BTC\u00a0remains\u00a0in consolidation below the $70,000 mark, with limited liquidity premium preventing it from rallying in tandem with gold.\u00a0<\/li>\n<\/ul>\n\n\n\n
                          \n
                        • Ethereum (ETHUSD):\u00a0<\/strong>$1,966.80, down 0.82%. ETH continues to underperform the broader crypto market, reflecting insufficient on-chain activity and application-layer innovation to support a breakout move.\u00a0<\/li>\n<\/ul>\n\n\n\n
                          <\/div>\n\n\n\n

                          5. Today\u2019s Focus<\/strong> <\/p>\n\n\n\n

                            \n
                          • Switzerland<\/strong>: February CPI (MoM)\u00a0<\/li>\n<\/ul>\n\n\n\n
                              \n
                            • United States<\/strong>: February ADP Employment Change\u00a0<\/li>\n<\/ul>\n\n\n\n
                                \n
                              • United States<\/strong>: February ISM Non-Manufacturing PMI\u00a0<\/li>\n<\/ul>\n\n\n\n
                                  \n
                                • Canada<\/strong>: Speech by Bank of Canada Governor Tiff Macklem\u00a0<\/li>\n<\/ul>\n\n\n\n
                                  <\/div>","protected":false},"excerpt":{"rendered":"

                                  March 4, 2026 \u2014 Global financial markets were hit by sharp volatility as multiple macro forces collided. On Tuesday, spot gold came under heavy selling pressure, dropping more than 4% intraday to trade near $5,123 per ounce. Expectations for the Federal Reserve\u2019s first rate cut have now been pushed back from July to September. As the rate-cut outlook softens, […]<\/p>\n","protected":false},"author":9,"featured_media":4166,"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-4164","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\/4164","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=4164"}],"version-history":[{"count":1,"href":"https:\/\/www.amillex.com\/es\/wp-json\/wp\/v2\/posts\/4164\/revisions"}],"predecessor-version":[{"id":4165,"href":"https:\/\/www.amillex.com\/es\/wp-json\/wp\/v2\/posts\/4164\/revisions\/4165"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/es\/wp-json\/wp\/v2\/media\/4166"}],"wp:attachment":[{"href":"https:\/\/www.amillex.com\/es\/wp-json\/wp\/v2\/media?parent=4164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amillex.com\/es\/wp-json\/wp\/v2\/categories?post=4164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amillex.com\/es\/wp-json\/wp\/v2\/tags?post=4164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}