{"id":3672,"date":"2026-01-26T17:29:13","date_gmt":"2026-01-26T06:29:13","guid":{"rendered":"https:\/\/www.amillex.com\/?p=3672"},"modified":"2026-01-26T17:29:14","modified_gmt":"2026-01-26T06:29:14","slug":"amillex-daily-market-commentary-full-scale-tariff-shock-rocks-markets-gold-smashes-through-the-5000-barrier","status":"publish","type":"post","link":"https:\/\/www.amillex.com\/pt\/2026\/01\/26\/amillex-daily-market-commentary-full-scale-tariff-shock-rocks-markets-gold-smashes-through-the-5000-barrier\/","title":{"rendered":"Amillex\u00a0Daily Market\u00a0Commentary\u00a0| Full-Scale Tariff Shock Rocks Markets, Gold Smashes Through the $5,000 Barrier\u00a0"},"content":{"rendered":"<p class=\"has-black-color has-text-color has-link-color wp-elements-1 wp-block-paragraph\" style=\"font-size:18px\">January 26, 2026, U.S. equities traded in a tight range near record highs, as investors remained on edge ahead of the Federal Reserve\u2019s first policy meeting of the new year. Risk sentiment is being squeezed from both sides by the continued resilience of the labor market and the stickiness of inflation. Meanwhile, the U.S. Dollar Index hovered with only modest fluctuations, reflecting institutional caution as markets wait for major macro signals to crystallize. The key macro shock this round came from a sharp deterioration in geopolitical trade relations over the weekend. The U.S. government issued an exceptionally aggressive threat of&nbsp;100% full tariffs on Canada via social media, directly responding to recent trade engagement between the Canadian Prime Minister and China. Driven by a surge in safe-haven demand and fluctuations in real yields,&nbsp;gold not only sustained last week\u2019s powerful rally but decisively broke above the historic $5,000 per ounce milestone, surging to a peak near&nbsp;$5,050.&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-2 wp-block-paragraph\" style=\"font-size:20px\"><strong>Asset Performance and Fundamental Analysis<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-3 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-4 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-5\" style=\"font-size:18px\"><strong>Dow Jones Industrial Average:<\/strong>\u00a0Around\u00a0<strong>49,120<\/strong>\u00a0(+0.09%). Following last week\u2019s post-Davos rebound, the Dow has entered a phase of tight consolidation at elevated levels.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-6\" style=\"font-size:18px\"><strong>S&amp;P 500:<\/strong>\u00a0Around\u00a0<strong>6,892<\/strong>. While the energy sector continues to gain support from geopolitical tensions, broader sentiment\u00a0remains\u00a0capped by \u201cSuper Week\u201d macro uncertainty.\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>Nasdaq Composite:<\/strong>\u00a0Around\u00a0<strong>25,608<\/strong>. Tech stocks showed mixed performance. Despite structural support from AI-driven computing demand, high-valuation segments\u00a0remain\u00a0vulnerable to profit-taking as the 10-year Treasury yield ticks higher.\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-8 wp-block-paragraph\" style=\"font-size:18px\"><strong>Stock Highlights<\/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-9\" style=\"font-size:18px\"><strong>Intel (INTC):<\/strong>\u00a0Around\u00a0<strong>$45.08<\/strong>\u00a0(-17.02%). Shares plunged more than 17% in a single session after the CEO acknowledged persistent manufacturing yield issues and ongoing supply constraints. Combined with widening losses in its foundry business, investor confidence collapsed, triggering panic selling.\u00a0The stock is now retesting the\u00a0<strong>$42\u201345 key support zone<\/strong>.\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-10 wp-block-paragraph\" style=\"font-size:18px\"><strong>2.&nbsp;Foreign Exchange Market<\/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-11\" style=\"font-size:18px\"><strong>U.S. Dollar Index (DXY):<\/strong>\u00a0Around\u00a0<strong>97.20<\/strong>. The dollar found support near 98.60 and staged a mild rebound. Markets are closely watching Chair Powell\u2019s guidance this week on the pace of rate cuts in 2026.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-12\" style=\"font-size:18px\"><strong>EUR\/USD:<\/strong>\u00a0Around\u00a0<strong>1.1855<\/strong>. The pair\u00a0remains\u00a0capped by dovish rhetoric from ECB officials, alongside lingering concerns over long-term trade protectionism between Europe and the U.S.\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>USD\/JPY:<\/strong>\u00a0Around\u00a0<strong>154.80<\/strong>. As risk sentiment stabilized ahead of the U.S. equity open, safe-haven demand for the yen softened.\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-14 wp-block-paragraph\" style=\"font-size:18px\"><strong>3. Precious Metals &amp; Commodities<\/strong>&nbsp;<\/p>\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>Metais 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-16\" style=\"font-size:18px\"><strong>Spot Gold (XAUUSD):<\/strong>\u00a0Broke decisively above the historic\u00a0<strong>$5,000\/oz<\/strong>\u00a0level, reaching highs near\u00a0<strong>$5,050<\/strong>.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-17\" style=\"font-size:18px\"><strong>Spot Silver (XAGUSD):<\/strong>\u00a0Around\u00a0<strong>$106<\/strong>. Silver has firmly held above the $100 mark, supported by both industrial supply tightness and rising risk-aversion. Former resistance has now flipped into\u00a0strong support.\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-18 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-19\" style=\"font-size:18px\"><strong>WTI Crude Oil:<\/strong>\u00a0Around\u00a0<strong>$61.20 per barrel<\/strong>. Prices continue to probe the $60 level amid downward revisions to global demand forecasts, with weak balance\u00a0maintained\u00a0by expectations of energy cooperation.\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-20 wp-block-paragraph\" style=\"font-size:18px\"><strong>4. Crypto Assets &amp; Macro Developments<\/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-21\" style=\"font-size:18px\"><strong>Bitcoin (BTC):<\/strong>\u00a0Around\u00a0<strong>$86,665<\/strong>. Having slipped below the $90,000 level, BTC is now searching for support near\u00a0<strong>$85,000<\/strong>.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-22\" style=\"font-size:18px\"><strong>Ethereum (ETH):<\/strong>\u00a0Around\u00a0<strong>$2,830<\/strong>.\u00a0Fell below the key $3,000 threshold and\u00a0remains\u00a0relatively weak.\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-23 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-24\" style=\"font-size:18px\">Germany:\u00a0January Ifo Business Climate Index\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-25\" style=\"font-size:18px\">U.S.:\u00a0December Core Durable Goods Orders (MoM)\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-26\" style=\"font-size:18px\">U.S.:\u00a0December Durable Goods Orders (MoM)<\/li>\n<\/ul>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>","protected":false},"excerpt":{"rendered":"<p>January 26, 2026, U.S. equities traded in a tight range near record highs, as investors remained on edge ahead of the Federal Reserve\u2019s first policy meeting of the new year. Risk sentiment is being squeezed from both sides by the continued resilience of the labor market and the stickiness of inflation. Meanwhile, the U.S. Dollar [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":3670,"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-3672","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\/3672","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/comments?post=3672"}],"version-history":[{"count":1,"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/posts\/3672\/revisions"}],"predecessor-version":[{"id":3673,"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/posts\/3672\/revisions\/3673"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/media\/3670"}],"wp:attachment":[{"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/media?parent=3672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/categories?post=3672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amillex.com\/pt\/wp-json\/wp\/v2\/tags?post=3672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}