현재 보고 계신 내용은 다음과 같습니다. Amillex Daily Market Commentary | Falling inflation and geopolitical risks coexist; US stocks recover, USD fluctuates, gold and silver hit historical peaks, and energy trends upward. 

아밀렉스 일일 시장 논평 | 인플레이션 하락과 지정학적 위험이 공존; 미국 증시 회복세, 달러화 변동성, 금과 은 사상 최고치 경신, 에너지 가격 상승세. 

December 23, 2025. Yesterday, US stock indices closed higher across the board, though gains were modest. The US Dollar Index remained in a low-level oscillation (within the 98–99 range), while the foreign exchange market showed structural divergence. As market expectations for a gradual easing by the Federal Reserve rise, spot gold and silver prices both hit new historical highs, indicating a rapid flow of capital into precious metals amid expectations of further declines in US dollar yields. Meanwhile, oil prices have shown signs of a recent rebound, driven in part by risk premiums from geopolitical frictions in Venezuela and other regions, fueling a short-term recovery in the energy sector. 

자산 유형별 시장 성과 및 기본적 분석 

1. US Stock Market: Index recovery continues, led by Tech and Finance 

지수 성과:  

  • The Dow Jones Industrial Average rose slightly by 0.47%, with steady performance in the financial and industrial sectors.  
  • The S&P 500 Index gained 0.64%, the strongest performer among the three major indices; it is approaching historical highs and poised for a potential breakout.  
  • The Nasdaq Index up slightly by 0.52%, supported by heavyweight technology stocks.  

주식 집중 분석: NVIDIA (NVDA) broke its short-term downward trend, closing at $183.70 with a gain of about 1.5%. Renewed sentiment around the AI theme continues to attract capital inflows.  

주요 요인: Micron Technology’s strong performance last week and its future guidance have pushed the semiconductor sector higher overall. 

2. Forex Market: USD oscillates at high levels, non-US currencies diverge 

  • The US Dollar Index (DXY) continued to fluctuate with a downward bias but remained largely within the 98–99 range;  
  • EUR/USD is currently oscillating above the 1.17 level, with narrow volatility due to reduced year-end liquidity;  
  • USD/JPY saw a technical rebound, ending its recent losing streak;  
  • GBP/USD remained resilient, briefly rising to nearly 1.348, a two-month high.  

구동 논리: The US dollar has not yet entered a trend-based decline. While year-end trading volumes often narrow exchange rate ranges, the market is seeing structural divergence as safe-haven assets like gold climb. 

3. Precious Metals and Commodities: Gold and Silver hit new highs; oil prices surge on geopolitical tensions 

귀금속:  

  • Spot gold (XAUUSD) driven by geopolitical risk sentiment, prices surged 2.4% at high levels, strongly refreshing historical peaks.  
  • Spot silver (XAGUSD) also skyrocketed to new historical highs, jumping 2.8% and briefly approaching $70/ounce, outperforming gold.  

상품:  

  • WTI crude oil rose over 2%, propelled by supply-side risks.. 

4. Crypto Assets: Continued slight rebound amid recovering risk appetite 

  • Bitcoin (BTC) trading near $90,000, it briefly broke through the psychological barrier with intraday volatility exceeding 2%;  
  • Ethereum (ETH) moved higher in tandem, with volatility remaining at elevated levels. 

5. 오늘의 초점 

  • US ADP Employment Report 
  • Canada October GDP (MoM, Seasonally Adjusted) 
  • US Q3 Real GDP (Annualized QoQ, Revision) 
  • US November Core Durable Goods Orders (MoM) 
  • US November Durable Goods Orders (MoM) 
  • US Q3 GDP Price Index (Revision) 
  • US December CB Consumer Confidence 
  • US December Richmond Fed Manufacturing Index