{"id":4790,"date":"2026-05-25T16:26:50","date_gmt":"2026-05-25T06:26:50","guid":{"rendered":"https:\/\/www.amillex.com\/?p=4790"},"modified":"2026-05-25T16:26:51","modified_gmt":"2026-05-25T06:26:51","slug":"amillex-daily-market-commentary-easing-supply-chain-expectations-trigger-sharp-oil-selloff-while-renewed-tightening-expectations-reinforce-golds-resilience","status":"publish","type":"post","link":"https:\/\/www.amillex.com\/uz\/2026\/05\/25\/amillex-daily-market-commentary-easing-supply-chain-expectations-trigger-sharp-oil-selloff-while-renewed-tightening-expectations-reinforce-golds-resilience\/","title":{"rendered":"Amillex kundalik bozor sharhi | Ta&#039;minot zanjiri kutganlarining yumshatilishi neft narxining keskin pasayishiga olib keldi, shu bilan birga yangilandi Kutilganlarning qisqarishi oltinning barqarorligini kuchaytirdi\u00a0"},"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 25-may kuni global xom ashyo bozori keskin farqlar bilan ochildi. Dam olish kunlari ommaviy axborot vositalarida tegishli davlatlar bo&#039;g&#039;oz o&#039;tishini tiklash va sulhni uzaytirish bo&#039;yicha memorandum doirasiga erishganligi haqidagi xabarlardan so&#039;ng, energiya ta&#039;minoti zanjirlaridagi uzilishlar bilan bog&#039;liq bozor xavotirlari tezda pasaydi. Osiyo sessiyasi davomida AQSh xom neftining (WTI) yuqori pozitsiyalari agressiv likvidatsiyaga duch keldi, narxlar 5% dan ortiq pasaydi va qisqa vaqt ichida bir barrel uchun 91,25 AQSh dollari atrofida sessiyaning eng past darajasini sinab ko&#039;rdi. Talab-talab xavfi bo&#039;yicha mukofotlarning tez pasayishi xalqaro neft narxlarini avvalgi geosiyosiy narxlardan keyin texnik tuzatish bosqichiga olib keldi, bozorning keyingi yo&#039;nalishdagi harakatga e&#039;tibori esa endi 5-iyunga rejalashtirilgan rasmiy muzokaralarning keyingi bosqichiga to&#039;liq o&#039;tdi.&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\">Biroq, ta&#039;minot zanjiri kutganlarining qisman yumshatilishi oltinning o&#039;sish sur&#039;atini bostira olmadi. Osiyo sessiyasi davomida oltin narxi 1% dan oshdi va kunlik kuchli o&#039;sish sur&#039;atini namoyish etgan holda, untsiya uchun 2580 AQSh dollaridan yuqori darajada savdo qilishda davom etdi. Federal rezerv gubernatori Uollerning bozorlarni bu yil stavkalarning ko&#039;tarilish ehtimolini 67.1% ga yetkazgan &quot;keksa&quot; siyosat kutganlaridan voz kechishga chaqirgan so&#039;nggi so&#039;zlariga qaramay, oltin narxlari nominal foiz stavkalarining oshishiga olib keladigan pasayish bosimi fonida ajoyib likvidlikka chidamlilikni namoyish etishda davom etdi. Bu shuni ko&#039;rsatadiki, ko&#039;p aktivlarni taqsimlash doirasida uzoq muddatli tarkibiy talab va makro inflyatsiyani mustahkamlash effektlari oltin uchun chuqur asosiy qo&#039;llab-quvvatlashni ta&#039;minlaydi. Qisqa muddatda untsiya uchun 2600 AQSh dollari psixologik darajasi o&#039;sish pozitsiyasi uchun asosiy o&#039;sish maqsadi bo&#039;lib qolmoqda.&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:18px\"><strong>Aktivlar sinflarining samaradorligi va fundamental tahlili<\/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 qimmatli qog&#039;ozlar 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>: 50,585.07 da xabar qilingan. Kun davomida 294.05 punktga ko&#039;tarilib, +0.58% ga ko&#039;tarildi. Indeks 50,000 belgisidan yuqori darajada muvaffaqiyatli ushlab turildi, shu bilan birga qiymatli ko&#039;k chipli sektorlar yuqori darajalardan oldingi pasayishlardan so&#039;ng barqaror tiklanish momentumini namoyish etdi. Kapital oqimlari hozirda mudofaa va kengayishga yo&#039;naltirilgan pozitsiyalar o&#039;rtasida vaqtinchalik muvozanatni qidirmoqda.\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>: Taxminan 7.47K (7,470) atrofida xabar qilindi. Kun davomida 27.75 punktga ko&#039;tarilib, +0.37% ga ko&#039;tarildi. Indeks yuqori diapazonlarda mustahkamlanishda davom etmoqda, bozor diqqat markazida yakka makro siyosat kutilganidan mega-kapitatsiyali texnologiyalar fundamentallarida mudofaa konsentratsiyasiga o&#039;tilmoqda.\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>: 29 874.75 da xabar qilingan. 316.00 punktga kuchli o&#039;sish kuzatildi va +1.07% ga oshdi. Texnologiya aktsiyalari kengroq bozordan sezilarli darajada oshib ketdi, chunki sun&#039;iy intellekt infratuzilmasi va asosiy apparat aktivlari bilan bog&#039;liq o&#039;sish aniqligi yana bir bor kapital oqimining asosiy omili bo&#039;ldi.\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-9 wp-block-paragraph\" style=\"font-size:18px\"><strong>Asosiy aksiyalar<\/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-10\" style=\"font-size:18px\"><strong>Tesla (TSLA)<\/strong>: Kun davomida 1,95% ga ko&#039;tarilib, 426,01 AQSh dollari miqdorida xabar qilindi. Aksiya asosiy texnik darajalarda qo&#039;llab-quvvatlandi, yuqori beta o&#039;sish ko&#039;rsatkichiga ega aksiyalar likvidlik kutilmalarining marjinal yumshashi fonida elastiklikning dastlabki belgilarini ko&#039;rsatdi.\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>: 308,82 AQSh dollari miqdorida xabar qilingan bo&#039;lib, kun davomida 1,26% daromad keltirdi. Kuchli pul oqimini yaratish va chuqur raqobatbardosh xandaqqa ega mudofaa texnologiyalari yetakchisi sifatida Apple kapitalning &quot;xavfsiz boshpanasi&quot; sifatida ishlashda davom etmoqda.\u201c\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>Intel (INTC)<\/strong>: Kun davomida 1,13% ga o&#039;sib, 119,84 AQSh dollari miqdorida xabar qilindi. Aksiyalar yarimo&#039;tkazgichlar va AI apparat sektorlarida kengroq tiklanishdan so&#039;ng o&#039;sdi.\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-13 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-14\" style=\"font-size:18px\"><strong>AQSh dollari indeksi (DXY)<\/strong>Hozirda 99.015 atrofida deb xabar qilinmoqda. Kun davomida 0.304 punktga pasayib, -0.31% ga pasaydi. Dollar 99 darajasiga yaqin bosimga duch keldi. Federal Rezervning uzoq muddatli foiz stavkasi yo&#039;lidagi pozitsiyasi neytral yoki qirg&#039;iyboz bo&#039;lib qolsa-da, yirik xorijiy iqtisodiyotlar o&#039;rtasidagi siyosatdagi noaniqliklarning asta-sekin barqarorlashishi dollarda ilgari to&#039;plangan xavf mukofotlarining biroz kamayishiga olib keldi.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-15\" style=\"font-size:18px\"><strong>EUR\/USD (EURUSD)<\/strong>: 1.16415 da xabar qilingan. Kun davomida 0.33% ga biroz ko&#039;tarildi. Juftlik dollarning zaiflashuvi bilan birga passiv tiklanishni amalga oshirdi; ammo, Yevro hududi iqtisodiyotidagi doimiy tarkibiy o&#039;sish muammolari tufayli, yevro hali ham sezilarli tendentsiyani buzishga erisha olmadi.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-16\" style=\"font-size:18px\"><strong>USD\/JPY (USDJPY)<\/strong>: 158.906 da xabar qilingan. Kun davomida 0.19% ga pasaydi. Valyuta kursi 159 darajasidan pastda tor konsolidatsiyada qoldi. Yaponiya banki tomonidan pul-kredit siyosatini normallashtirishga potentsial og&#039;zaki aralashuv, qisman xavfsiz boshpana oqimlari bilan birgalikda, iyenaga cheklangan qo&#039;llab-quvvatlashni ta&#039;minladi. Shunga qaramay, sezilarli foiz stavkalari farqlari fonida kapitalning chiqib ketish bosimi saqlanib qolmoqda.\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-17 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-18 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-19\" style=\"font-size:18px\"><strong>Spot oltin (XAUUSD)<\/strong>: Bir untsiya uchun taxminan 4572,51 AQSh dollari miqdorida baholandi. Kun davomida 65,55 AQSh dollariga ko&#039;tarilib, +1,45% ga oshdi. Oltin narxlari tarixiy yuqoriga ko&#039;tarilish kanali doirasida agressiv ravishda ko&#039;tarilishda davom etmoqda. AQSh G&#039;aznachiligining uzoq muddatli real daromadliligi atrofidagi mantiq inflyatsiya kutilmalari va kredit xavfini himoya qilish talabi tufayli tobora zaiflashib borayotgan bir paytda, oltinning mutlaq qattiq valyuta xavfsiz boshpana sifatidagi an&#039;anaviy mavqei o&#039;sish kayfiyati bilan sezilarli darajada kuchaydi.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-20\" style=\"font-size:18px\"><strong>Spotli kumush (XAGUSD)<\/strong>: Bir untsiya uchun taxminan 78,4555 AQSh dollari miqdorida baholandi. Kun davomida 3,89% ga ko&#039;tarildi. Xavfsiz boshpana va sanoat aktivi sifatidagi ikki tomonlama roli tufayli kumushning o&#039;zgaruvchanlik elastikligi oltindan sezilarli darajada ustun keldi, spekulyativ o&#039;sish oqimlari esa sezilarli darajada tezlashdi.\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-21 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-22\" style=\"font-size:18px\"><strong>WTI xom nefti (XTIUSD)<\/strong>Hozirda bir barrel uchun 94,85 AQSh dollari atrofida baholanmoqda. Kun davomida keskin pasayish kuzatildi va 5,41 AQSh dollariga yoki -5,40% ga tushdi. Energetika bozorida ilgari geosiyosiy ta&#039;minot bo&#039;yicha narxlangan narxlar tez pasayishni boshdan kechirdi, global makro talabning pasayishi esa tovarning tsiklik xususiyatlariga qo&#039;shimcha bosim o&#039;tkazdi va vahima uslubidagi uzoq muddatli likvidatsiyani yuqori darajalarda keltirib chiqardi.\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>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-24\" style=\"font-size:18px\"><strong>Bitcoin (BTCUSD)<\/strong>So&#039;nggi xabar qilingan narx 77 113 AQSh dollari atrofida. Kun davomida 0.18% ga biroz ko&#039;tarildi. Asosiy aktivlar sinflari bo&#039;yicha o&#039;zgaruvchanlikning oshishi fonida BTC 77 000 AQSh dollari atrofida tor konsolidatsiya diapazoniga kirdi, bu bozor yangi makro likvidlik katalizatorini kutayotgan bir paytda avvalgi foyda olish bosimi asosan yo&#039;qolganligini ko&#039;rsatadi.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-25\" style=\"font-size:18px\"><strong>Ethereum (ETHUSD)<\/strong>: Taxminan 2103.14 AQSh dollari miqdorida xabar qilingan. Kun davomida 0.28% ga biroz ko&#039;tarildi. ETH so&#039;nggi paytlarda ham BTC, ham an&#039;anaviy qimmatbaho metallar bo&#039;yicha past ko&#039;rsatkichlarga ega bo&#039;lishda davom etmoqda, bu uning risk-aktivlar ustunlik qiladigan bozor tuzilmasida aniqroq namoyon bo&#039;lgan xususiyatlarini aks ettiradi, shu bilan birga ETHga kapital ajratishga ishtahasi ehtiyotkorlik bilan saqlanib qolmoqda.\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-26 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-27\" style=\"font-size:18px\">Hech biri\u00a0<\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>On May 25, 2026, the global commodities market opened with dramatic divergence. Following weekend media reports that relevant countries had reached a memorandum framework&nbsp;regarding&nbsp;the restoration of strait passage and the extension of a ceasefire,&nbsp;market concerns over disruptions to energy supply chains rapidly cooled. During the Asian session, bullish positions in U.S. crude oil (WTI) faced [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":4791,"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-4790","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\/4790","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=4790"}],"version-history":[{"count":1,"href":"https:\/\/www.amillex.com\/uz\/wp-json\/wp\/v2\/posts\/4790\/revisions"}],"predecessor-version":[{"id":4792,"href":"https:\/\/www.amillex.com\/uz\/wp-json\/wp\/v2\/posts\/4790\/revisions\/4792"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/uz\/wp-json\/wp\/v2\/media\/4791"}],"wp:attachment":[{"href":"https:\/\/www.amillex.com\/uz\/wp-json\/wp\/v2\/media?parent=4790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amillex.com\/uz\/wp-json\/wp\/v2\/categories?post=4790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amillex.com\/uz\/wp-json\/wp\/v2\/tags?post=4790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}