{"id":2981,"date":"2025-10-23T16:12:30","date_gmt":"2025-10-23T05:12:30","guid":{"rendered":"https:\/\/www.amillex.com\/?p=2981"},"modified":"2025-12-23T19:28:36","modified_gmt":"2025-12-23T08:28:36","slug":"news20251022en","status":"publish","type":"post","link":"https:\/\/www.amillex.com\/pt\/2025\/10\/23\/news20251022en\/","title":{"rendered":"Amillex Daily Market Review: Risk Aversion Surges as Dollar Breaks 99 Barrier, Weighing on Risk Assets; Gold Falls to Two-Week Low at $4,040"},"content":{"rendered":"<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<h2 class=\"wp-block-heading\">October 23, 2025 \u2014 U.S. equities fell across the board, led by chipmakers. The U.S. dollar index broke above the 99 level to a one-week high, while spot gold tumbled more than 2% to $4,040 \u2014 its lowest level since October 10. Oil bucked the trend, with Brent crude rising nearly 2%. Markets remain caught between \u201cdata blackout anxiety\u201d and \u201cearnings season divergence.\u201d<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">U.S. Stock Market: Tech Leads Decline as Semiconductor Recovery Loses Momentum<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">The Nasdaq fell 0.7%, the S&amp;P 500 lost 0.3%, and the Dow slipped 0.2%. The Philadelphia Semiconductor Index dropped over 2%, while the Russell 2000 small-cap index declined 0.5%.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Top decliners: Texas Instruments plunged 9.8% (Q4 outlook missed expectations), Netflix dropped 9.4%, and Intel and AMD each fell more than 2%.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Bright spots: Intuitive Surgical (Da Vinci robotic surgery) surged 16.6%, and Marriott gained over 2%.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Key Drivers:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Industry outlook concerns: Texas Instruments warned of a sluggish chip demand recovery, dragging the entire semiconductor sector lower.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Policy uncertainty: The U.S. government shutdown has now entered its 23rd day (the second longest in history), and key data such as September CPI remain unavailable.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Precious Metals &amp; Forex: Gold Retreats on Technical Correction as Dollar Strengthens<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Spot gold fell over 2% to $4,039 per ounce, and spot silver dropped below $48, down 1.3% on the day.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Fundamental insights:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Technical correction: Standard Chartered noted that gold has been in overbought territory since early September, triggering profit-taking.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Geopolitical relief: Hungarian Prime Minister announced preparations for a \u201cBudapest Peace Summit,\u201d easing immediate safe-haven demand.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Stronger Dollar: The U.S. dollar index broke above 99, hitting its highest since October 15.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Underlying logic: In the current data vacuum, the dollar is viewed as the safest asset of choice, while U.S. Treasury yields held steady at 3.95%.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Commodities &amp; Crypto: Oil Gains, Digital Assets Extend Selloff<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Oil market: Brent crude rose nearly 2% to $62.5 per barrel, with WTI following higher.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Short-term factors: Uncertainty in the Middle East persists (Trump canceled the \u201cTrump-Putin meeting,\u201d though peace talks continue).<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Cryptocurrencies: Bitcoin fell over 3%, Ethereum dropped more than 5%, as the broader risk-off sentiment spread to digital assets.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Europe &amp; Asia-Pacific Markets: Europe Opens Lower, Japan\u2019s Gains Narrow<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Europe: STOXX 50 fell 0.27%, Germany\u2019s DAX slipped 0.04%, and France\u2019s CAC 40 declined 0.29%.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Asia-Pacific: Japan\u2019s Nikkei 225 retreated from record highs as tech stocks followed Wall Street lower.<\/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. Initial Jobless Claims:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">A reading above the prior 218K could heighten slowdown fears and boost rate-cut expectations.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">ECB Meeting Minutes:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Watch for wording on the \u201clast mile\u201d of inflation control \u2014 dovish tones could pressure the euro.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">U.S. Government Shutdown:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">If unresolved, the October 24 CPI release may be delayed, amplifying market anxiety.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Tesla (post-market):<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Focus on EV tax credit expiration and autonomous driving business updates.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Intel, IBM:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Key indicators include PC demand recovery and AI chip capital spending.<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Fed Speakers:<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Final remarks before the blackout period may hint at the October rate-cut trajectory.<\/h2>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>","protected":false},"excerpt":{"rendered":"<p>October 23, 2025 \u2014 U.S. equities fell across the board, led by chipmakers. The U.S. dollar index broke above the 99 level to a one-week high, while spot gold tumbled more than 2% to $4,040 \u2014 its lowest level since October 10. Oil bucked the trend, with Brent crude rising nearly 2%. Markets remain caught [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":2982,"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-2981","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news","entry","has-media"],"_links":{"self":[{"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/posts\/2981","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/comments?post=2981"}],"version-history":[{"count":1,"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/posts\/2981\/revisions"}],"predecessor-version":[{"id":2983,"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/posts\/2981\/revisions\/2983"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/media\/2982"}],"wp:attachment":[{"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/media?parent=2981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/categories?post=2981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/tags?post=2981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}