{"id":4579,"date":"2026-05-18T16:41:04","date_gmt":"2026-05-18T06:41:04","guid":{"rendered":"https:\/\/www.amillex.com\/?p=4579"},"modified":"2026-05-18T16:43:17","modified_gmt":"2026-05-18T06:43:17","slug":"amillex-daily-market-commentary-macro-tightening-expectations-disturb-commodities-gold-under-pressure-at-high-levels-while-crude-oil-regains-upward-momentum","status":"publish","type":"post","link":"https:\/\/www.amillex.com\/uz\/2026\/05\/18\/amillex-daily-market-commentary-macro-tightening-expectations-disturb-commodities-gold-under-pressure-at-high-levels-while-crude-oil-regains-upward-momentum\/","title":{"rendered":"Amillex kundalik bozor sharhi | Makroiqtisodiy keskinlashuv kutilmalari xom ashyo bozorini bezovta qilmoqda, oltin yuqori darajada bosim ostida, xom neft esa yuqori sur&#039;atlarga qaytmoqda"},"content":{"rendered":"<p class=\"has-black-color has-text-color has-link-color wp-elements-1 wp-block-paragraph\" style=\"font-size:18px\">2026-yil 18-may, dushanba kuni ertalab, Osiyo savdo sessiyasining dastlabki davrida, global xom ashyo bozori makroiqtisodiy o&#039;zgarishlar va ta&#039;minot zanjiri kutganlarining o&#039;zaro ta&#039;siri fonida tafovut bosqichiga kirdi. Spot oltin bir untsiya uchun 4542 AQSh dollari atrofida sotildi va hozirda asosiy untsiya uchun 4500 AQSh dollari psixologik darajasining qisqa muddatli pasayish sinoviga duch kelmoqda. Ta&#039;minot zanjiri xavotiri tufayli inflyatsiya bilan bog&#039;liq bozor xavotirlari davom etmoqda, bu ma&#039;lum darajada yirik markaziy banklar uzoq vaqt davomida yuqori foiz stavkalarini saqlab turishi yoki hatto yanada qattiqlashishi mumkinligi haqidagi makro kutganlarni kuchaytirdi. Qattiq pul-kredit siyosatining kutganlari asosida AQSh dollari indeksi mustahkamlanishda davom etmoqda, bu oltin kabi daromad keltirmaydigan aktivlar uchun likvidlikni to&#039;g&#039;ridan-to&#039;g&#039;ri qisqartiradi, bu esa xavfsiz boshpana talabi va o&#039;sib borayotgan real foiz stavkalari o&#039;rtasidagi tortishuv sharoitida oltin narxlarining yuqori darajada bosim ostida qolishiga olib keladi.&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\">Aksincha, energiya bozori talab va taklif xavfi premiyalariga nisbatan sezgirroq va to&#039;g&#039;ridan-to&#039;g&#039;ri munosabatda bo&#039;ldi. AQSh xom nefti bugun 1% dan ortiq o&#039;sish bilan ochildi va barrel uchun 102,27 AQSh dollari atrofida sotildi. Tashqi bayonotlar bir vaqtlar bozor vahimasini yumshatishga urinishgan bo&#039;lsa-da, tegishli mintaqaviy vaziyat bilan bog&#039;liq noaniqlik yuqoriligicha qolmoqda va ta&#039;minotning uzilish xavfi neft narxlarining tarkibiy kuchini qo&#039;llab-quvvatlovchi asosiy harakatlantiruvchi kuchga aylandi. Kelajakda barcha tomonlar fundamental ma&#039;lumotlardagi so&#039;nggi o&#039;zgarishlarni va makro siyosatdagi marjinal o&#039;zgarishlarni diqqat bilan kuzatib borishda davom etadilar, shu bilan birga umumiy xom neft bozori buqalar va ayiqlar o&#039;rtasida yuqori darajadagi tortishuvni saqlab qolishi kutilmoqda.&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>Aktivlarning samaradorligi va fundamental tahlil<\/strong>&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-black-color has-text-color has-link-color wp-elements-4 wp-block-paragraph\" style=\"font-size:18px\"><strong>1. AQSh fond bozori<\/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>Indeks samaradorligi<\/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 sanoat o&#039;rtacha ko&#039;rsatkichi (DJI)<\/strong>: 49 530.94 da xabar qilingan. Kun davomida 537.07 punktga pasayib, 1.07% ga pasaydi. Geosiyosiy xavf premiyalaridan kelib chiqadigan inflyatsiya xavotirlari ta&#039;sirida, og&#039;ir sanoat aksiyalari sezilarli darajada foyda ko&#039;rdi va indeksni psixologik 50 000 punktli darajadan pastga tushirdi.\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 indeksi (SP500)<\/strong>: 7410 da xabar qilingan. 92,74 punktga pasayib, 1,24% ga pasaydi. Kutilganidan yuqori bo&#039;lgan iste&#039;mol narxlari indeksi ma&#039;lumotlari yil davomida Federal rezerv stavkalarini pasaytirish bo&#039;yicha bozor kutganlarini pasaytirdi, natijada avvalgi baholash kengayishidan keyin texnik pasayish kuzatildi.\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 indeksi (NQ1!)<\/strong>: 29,004.50 da xabar qilingan. 227.25 punktga pasayib, 0.78% ga pasaydi. Foiz stavkasi bosimi o&#039;sishga yo&#039;naltirilgan texnologiya aktsiyalariga salbiy ta&#039;sir ko&#039;rsatgan bo&#039;lsa-da, sun&#039;iy intellekt infratuzilmasi bilan bog&#039;liq aktivlarning xavfsiz boshpana xususiyatlari yo&#039;qotishlarning bir qismini qopladi.\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:18px\"><strong>Shaxsiy aksiyalarning asosiy jihatlari<\/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>: 108,77 AQSh dollari miqdorida xabar qilingan, 6,18% ga tushib ketgan. 2026-yil boshida keskin ko&#039;tarilgandan so&#039;ng, aksiya quyish biznesining rentabellik jadvalini bozorda qayta baholash tufayli jiddiy o&#039;zgaruvchanlikka duch keldi.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-10\" style=\"font-size:18px\"><strong>Tesla (TSLA)<\/strong>: 422.24 AQSh dollari miqdorida xabar qilindi, bu 4.75% ga keskin pasayishdir. Global savdo ishqalanishi va xom ashyo narxlarining oshishi bilan bog&#039;liq xavotirlar spekulyativ pozitsiyalarning tez chiqib ketishiga olib keldi.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-11\" style=\"font-size:18px\"><strong>Apple (AAPL)<\/strong>: Bozor tendentsiyasiga nisbatan 0.68% ga ko&#039;tarilib, 300.23 AQSh dollari miqdorida xabar qilindi. Bozor o&#039;zgaruvchanligi sharoitida investorlar kuchli pul oqimi va mustahkam fundamental ko&#039;rsatkichlarga ega asosiy aktivlarni afzal ko&#039;rishdi, bu esa AAPL ning &quot;xavfsiz boshpana&quot; xususiyatlarini ta&#039;kidladi.\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-12 wp-block-paragraph\" style=\"font-size:18px\"><strong>2. Valyuta bozori<\/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-13\" style=\"font-size:18px\">AQSh dollari indeksi (DXY): 99.376 darajasida xabar qilindi. Kun davomida 0.11% ga ko&#039;tarildi. Geosiyosiy o&#039;zgaruvchanlikka qaramay, barqaror AQSh inflyatsiya ma&#039;lumotlari &quot;Uzoq vaqt davomida yuqoriroq&quot; foiz stavkasi narrativini mustahkamladi va bu dollarga 99 darajasidan yuqori qo&#039;llab-quvvatlashga imkon berdi.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-14\" style=\"font-size:18px\">USD\/JPY (USDJPY): 158.87 darajasida xabar qilindi. 0.06% ga ko&#039;tarildi. Yaponiya Bankining og&#039;zaki aralashuviga bo&#039;lgan umidlar saqlanib qolsa-da, AQSh va Yaponiya o&#039;rtasidagi keng foiz stavkalari farqi yen savdolarini to&#039;xtatish uchun motivatsiyani cheklashda davom etmoqda.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-15\" style=\"font-size:18px\">EUR\/USD (EURUSD): 1.16116 darajasida xabar qilindi. Kun davomida 0.11% ga biroz pasaydi. Zaif Yevropa iqtisodiy fundamental ko&#039;rsatkichlari va barqaror inflyatsiya o&#039;rtasidagi tafovut yevroni dollarning mustahkamlanishi fonida tiklanish momentumidan mahrum qildi.\u00a0<\/li>\n<\/ul>\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>3. Qimmatbaho metallar va tovarlar<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-17 wp-block-paragraph\" style=\"font-size:18px\"><strong>Qimmatbaho metallar<\/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-18\" style=\"font-size:18px\"><strong>Spot oltin (XAUUSD)<\/strong>: Bir untsiya uchun 4485,30 AQSh dollari miqdorida baholandi, kun davomida 52,98 AQSh dollariga keskin pasayib, 1,17% ga tushdi. Avvalgi yangi cho&#039;qqilarga chiqqanidan so&#039;ng, oltin narxlari dollarning mustahkamlanishi va doimiy yuqori real foiz stavkalari tufayli texnik chekinish bosqichiga duch keldi va 4500 darajasidan pastga tushdi.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-19\" style=\"font-size:18px\"><strong>Spotli kumush (XAGUSD)<\/strong>: Bir untsiya uchun 84,240 AQSh dollari miqdorida baholandi. 1,50% ga pasaydi. Kumushning o&#039;zgaruvchanligi oltinga qaraganda ancha yuqori bo&#039;lib qoldi va &quot;issiq pul&quot; xavfsiz metallardan chiqib ketar ekan, kumush sanoat talabining pasayishi kutilganidan qo&#039;shimcha bosimga duch keldi.\u00a0<\/li>\n<\/ul>\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>Tovarlar<\/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>Xom neft (XTIUSD)<\/strong>Barrel uchun 106,52 AQSh dollari miqdorida baholandi. 1,16% ga keskin oshdi. Yaqin Sharqdagi tiqilinch va Hormuz bo&#039;g&#039;ozidagi yuk tashish xavfi ta&#039;minotda jiddiy uzilishlarni keltirib chiqardi, bu esa xom neft narxining 100 AQSh dollari darajasidan yuqori &quot;xavf premium&quot; da davom etishiga imkon berdi.\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-22 wp-block-paragraph\" style=\"font-size:18px\"><strong>4. Kripto aktivlari va makro dinamika<\/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-23\" style=\"font-size:18px\"><strong>Bitcoin (BTCUSD)<\/strong>: 77 089 AQSh dollari miqdorida xabar qilindi. Kun davomida 0,42% ga tushdi. 90 000 AQSh dollari darajasiga yaqin savdo bosimiga duch kelganidan so&#039;ng, BTC 75 000 dan 80 000 AQSh dollarigacha bo&#039;lgan diapazonda konsolidatsiyani davom ettirdi.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-24\" style=\"font-size:18px\"><strong>Ethereum (ETHUSD)<\/strong>: 2108.41 AQSh dollari miqdorida xabar qilindi. 1.00% ga pasaydi. ETH BTC dan pastroq ko&#039;rsatkichlarga erishishda davom etdi, bu esa makro noaniqlikning kuchayishi sharoitida amaliy qatlam protokollari o&#039;rniga &quot;raqamli oltin&quot; xususiyatlariga ega kapital afzal ko&#039;rgan aktivlarni aks ettiradi.\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-25 wp-block-paragraph\" style=\"font-size:18px\"><strong>5. Bugungi diqqat markazida<\/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-26\" style=\"font-size:18px\">Hech biri\u00a0<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>","protected":false},"excerpt":{"rendered":"<p>On Monday morning, May 18, 2026, during the early Asian trading session, the global commodities market entered a phase of divergence amid the interplay of macroeconomic changes and supply chain expectations. Spot gold traded near USD 4,542 per ounce and is currently facing a short-term downside test of the key USD 4,500 per ounce psychological [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":4580,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_front_end_style_editor":"no","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-4579","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news","entry","has-media"],"_links":{"self":[{"href":"https:\/\/www.amillex.com\/uz\/wp-json\/wp\/v2\/posts\/4579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amillex.com\/uz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amillex.com\/uz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/uz\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/uz\/wp-json\/wp\/v2\/comments?post=4579"}],"version-history":[{"count":1,"href":"https:\/\/www.amillex.com\/uz\/wp-json\/wp\/v2\/posts\/4579\/revisions"}],"predecessor-version":[{"id":4582,"href":"https:\/\/www.amillex.com\/uz\/wp-json\/wp\/v2\/posts\/4579\/revisions\/4582"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/uz\/wp-json\/wp\/v2\/media\/4580"}],"wp:attachment":[{"href":"https:\/\/www.amillex.com\/uz\/wp-json\/wp\/v2\/media?parent=4579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amillex.com\/uz\/wp-json\/wp\/v2\/categories?post=4579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amillex.com\/uz\/wp-json\/wp\/v2\/tags?post=4579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}