{"id":4793,"date":"2026-05-26T14:56:46","date_gmt":"2026-05-26T04:56:46","guid":{"rendered":"https:\/\/www.amillex.com\/?p=4793"},"modified":"2026-05-26T14:56:47","modified_gmt":"2026-05-26T04:56:47","slug":"amillex-daily-market-commentary-easing-geopolitical-expectations-trigger-sharp-oil-selloff-as-gold-surges-on-catalysts","status":"publish","type":"post","link":"https:\/\/www.amillex.com\/zh\/2026\/05\/26\/amillex-daily-market-commentary-easing-geopolitical-expectations-trigger-sharp-oil-selloff-as-gold-surges-on-catalysts\/","title":{"rendered":"Amillex\u00a0Daily Market Commentary | Easing Geopolitical Expectations Trigger Sharp Oil Selloff as Gold Surges on Catalysts"},"content":{"rendered":"<p class=\"has-black-color has-text-color has-link-color wp-elements-277a15eeb81b6a75d12051afa6518493 wp-block-paragraph\" style=\"font-size:18px\">On May 26, 2026, global financial markets experienced a dramatic asset reshuffle on Monday (May 25) following breakthrough progress in key multilateral negotiations. As substantive talks commenced in Doha among relevant parties, expectations of the reopening of critical shipping routes swiftly reversed market concerns over a supply chain crisis. As a result, international oil prices plunged nearly 7%, significantly easing global inflationary pressures and directly weakening the rationale for further Federal Reserve rate hikes. Supported by the simultaneous weakness in the U.S. Dollar Index, spot gold demonstrated strong bullish momentum, surging 1.4% in a single day and ultimately closing firmly at USD 4,570 per ounce. Bullish sentiment was fully unleashed amid cooling inflation expectations and easing policy constraints.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-6f0bb441a75c4f5b7e66e6dec853cb1a wp-block-paragraph\" style=\"font-size:18px\">Entering Tuesday\u2019s (May 26) Asian session, spot gold remained in a narrow consolidation range, currently trading around USD 4,570 per ounce. Following the sharp rally, the market appears to be entering a brief accumulation phase. In the short term, the macroeconomic shift triggered by collapsing energy prices has become the core driving force, while the strength of the U.S. dollar and subsequent macro policy signals will be key to market pricing. If follow-up talks progress smoothly, the inflation premium in commodity markets may face further compression, potentially pushing gold into high-level consolidation to digest technical profit-taking. Conversely, if macro uncertainties resurface, recurring market volatility could continue driving gold prices higher.<\/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-4197fe4ddb8043612bfebd9766041318 wp-block-paragraph\" style=\"font-size:18px\">Market Performance and Fundamental Analysis Across Asset Classes<\/p>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ol class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-b4bcbc2581255fac34f4263136afca30\" style=\"font-size:18px\">\u7f8e\u56fd\u80a1\u7968\u5e02\u573a<\/li>\n<\/ol>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-e274bf516fe65a4608e450bbbd3bd732 wp-block-paragraph\" style=\"font-size:18px\">\u6307\u6570\u8868\u73b0<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-e408f7b75dad9f1c8b8dc7d8d7084f47 wp-block-paragraph\" style=\"font-size:18px\">Dow Jones Industrial Average (DJI): Closed at 50,585.07, up 294.05 points or 0.58% on the day. The index successfully held above the psychological 50,000-point level and continued to hit fresh highs. After digesting earlier policy uncertainties, capital rotated back into traditional heavyweight and blue-chip value stocks, supporting further upward movement.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-b9357645bed56d5b469f247f673e1c31 wp-block-paragraph\" style=\"font-size:18px\">S&amp;P 500 Index (SP500): Traded around 7.47K (near 7,470 points), rising 27.75 points or 0.37%. The S&amp;P 500 continued operating near historical highs as overall risk appetite improved, with the market steadily pricing in the current macro policy trajectory.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-99776ba3557113a360930ebd286fe44c wp-block-paragraph\" style=\"font-size:18px\">Nasdaq 100 Index (NQ1!): Closed at 29,805.50, gaining 246.75 points or 0.83%. Technology growth stocks staged a notable recovery following earlier pullbacks, while AI infrastructure and major technology assets once again became the core drivers supporting index gains.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-813e10795265b75303b9dd366d1edf54 wp-block-paragraph\" style=\"font-size:18px\">\u91cd\u70b9\u80a1\u7968<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-43f27a123ad18cb083878a4676b80c1d wp-block-paragraph\" style=\"font-size:18px\">Tesla (TSLA): Closed at USD 426.01, up 1.95% on the day. Supported by improving sentiment across growth stocks, the share price returned to high-range consolidation.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-8f257bc7d0bcc60d3cf0d29961f13692 wp-block-paragraph\" style=\"font-size:18px\">Apple (AAPL): Closed at USD 308.82, up 1.26% on the day. The stock steadily reclaimed the USD 300 mark, demonstrating the defensive characteristics and liquidity premium of mega-cap technology stocks during sector rotation.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-0331ab1c0c0076794a157fcebd9da3d3 wp-block-paragraph\" style=\"font-size:18px\">Intel (INTC): Closed at USD 119.84, up 1.13% on the day. Shares remained in narrow consolidation below USD 120, with the semiconductor sector showing signs of rebound amid divergence.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-8a04cac5302e206a680a41131aa01cbd wp-block-paragraph\" style=\"font-size:18px\">Amazon (AMZN): Closed at USD 266.32, down 0.80% on the day. Performance divergence among tech giants persisted as short-term rotation emerged amid profit-taking pressure.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-04b346fca41e486f2a7b3c0f1c8aefa3 wp-block-paragraph\" style=\"font-size:18px\">Google (GOOG): Closed at USD 382.97, down 1.21% on the day. Following previous record highs, the stock experienced a technical pullback as market focus temporarily shifted toward other growth assets.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ol start=\"2\" class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-3ff1d672eecadfdc883384e48b323fc3\" style=\"font-size:18px\">\u5916\u6c47\u5e02\u573a<\/li>\n<\/ol>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-ceb433668e99f569fddcc48c7a661576 wp-block-paragraph\" style=\"font-size:18px\">U.S. Dollar Index (DXY): Currently trading around 99.054, marginally up 0.05% on the day. The dollar continued to show strong support near the 99 level. Despite pressure from potential macro policy easing, persistently firm inflation expectations have led markets to increasingly price in the \u201chigher for longer\u201d interest rate narrative. A modest rebound in safe-haven demand also supported relative dollar strength.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-7130d73caf24352394395c7e1b314ca6 wp-block-paragraph\" style=\"font-size:18px\">EUR\/USD (EURUSD): Trading at 1.16351, down 0.07% on the day. As the Dollar Index stabilized at a key pivot level, the euro gave back part of its earlier gains. Relatively weak macroeconomic fundamentals in the Eurozone continue to limit the euro\u2019s rebound potential amid cross-asset rotation.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-39a241ab366b61be28017e649ecee92d wp-block-paragraph\" style=\"font-size:18px\">USD\/JPY (USDJPY): Trading at 158.993, up 0.04% on the day. Depreciation pressure on the yen showed little sign of easing as the exchange rate continued approaching the 160 threshold. Although Bank of Japan officials maintained verbal intervention rhetoric, carry trades remained active under the backdrop of elevated U.S.-Japan yield differentials, suppressing reversal momentum for the yen.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ol start=\"3\" class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-0701030148aec02b23f5c401f1b93ed1\" style=\"font-size:18px\">\u8d35\u91d1\u5c5e\u548c\u5927\u5b97\u5546\u54c1<\/li>\n<\/ol>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-e103e90e7668002c9687b0d893140279 wp-block-paragraph\" style=\"font-size:18px\">\u8d35\u91d1\u5c5e<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-c8147fad95b542b4f4935936d3da450d wp-block-paragraph\" style=\"font-size:18px\">Spot Gold (XAUUSD): Trading around USD 4,544.70 per ounce, down USD 26.05 or 0.57% on the day. As risk appetite in U.S. equities improved and the Dollar Index found support near 99, safe-haven funds saw phased outflows. Gold prices slightly stabilized and retraced from previously historic upward channels, with technical support shifting above the USD 4,500 level.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-5c33da3d5b7b14ac1035e25a123dfa5e wp-block-paragraph\" style=\"font-size:18px\">Spot Silver (XAGUSD): Trading around USD 77.17 per ounce, down USD 0.915 or 1.17% on the day. Silver\u2019s higher beta characteristic resulted in significantly greater volatility compared to gold during the precious metals pullback, as bullish sentiment underwent technical correction following consecutive sharp rallies.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-cad842046d0c8a82557db1bee619106c wp-block-paragraph\" style=\"font-size:18px\">\u5927\u5b97\u5546\u54c1<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-c67471a4b49aebccd641d0963d8132ae wp-block-paragraph\" style=\"font-size:18px\">Crude Oil (XTIUSD): Trading at USD 94.12 per barrel, up strongly by 0.94%. Potential escalation in geopolitical risks and possible disruptions in the Mediterranean\/Middle East region continued to fuel expectations of tighter energy supply, pushing oil prices firmly above the USD 90 level and toward new highs. In the short term, the inflation transmission effects of commodities remain under close market scrutiny.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ol start=\"4\" style=\"font-size:18px\" class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-123af40855cd583dcf118afcb1be9254\" style=\"font-size:18px\">\u52a0\u5bc6\u8d44\u4ea7\u4e0e\u5b8f\u89c2\u52a8\u6001<\/li>\n<\/ol>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-597ff6becc08fb7b84cd946068bfad17 wp-block-paragraph\" style=\"font-size:18px\">Bitcoin (BTCUSD): Latest price around USD 77,061, down 0.25% on the day. Following a historic period of consolidation and breakout rallies, Bitcoin is currently fluctuating near the USD 77,000 pivot zone. Technical correction pressure and profit-taking have slightly weakened short-term upward momentum.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-11475a318a4b1e1c0ccb3da4afd0a54c wp-block-paragraph\" style=\"font-size:18px\">Ethereum (ETHUSD): Trading around USD 2,107.43, down 0.16% on the day. ETH continued to underperform relative to BTC and traditional hard assets such as gold under the current market structure. This reflects that, amid persistent macro uncertainties, capital is increasingly flowing toward traditional assets with stronger consensus or macro pricing foundations, resulting in a clearer liquidity hierarchy within digital assets.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ol start=\"5\" style=\"font-size:18px\" class=\"wp-block-list has-black-color has-text-color has-link-color wp-elements-857b5e9e87b7407f8cafabac3c798688\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-36e0a2f3d633fd0ea4cc2d175dfeac84\" style=\"font-size:18px\">\u4eca\u65e5\u7126\u70b9<\/li>\n<\/ol>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-3b5f59370100f12f257fd6f7b2700075 wp-block-paragraph\" style=\"font-size:18px\">U.S. CB Consumer Confidence Index<\/p>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>","protected":false},"excerpt":{"rendered":"<p>On May 26, 2026, global financial markets experienced a dramatic asset reshuffle on Monday (May 25) following breakthrough progress in key multilateral negotiations. As substantive talks commenced in Doha among relevant parties, expectations of the reopening of critical shipping routes swiftly reversed market concerns over a supply chain crisis. As a result, international oil prices [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":4794,"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":"","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-4793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news","entry","has-media"],"_links":{"self":[{"href":"https:\/\/www.amillex.com\/zh\/wp-json\/wp\/v2\/posts\/4793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amillex.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amillex.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/zh\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/zh\/wp-json\/wp\/v2\/comments?post=4793"}],"version-history":[{"count":1,"href":"https:\/\/www.amillex.com\/zh\/wp-json\/wp\/v2\/posts\/4793\/revisions"}],"predecessor-version":[{"id":4795,"href":"https:\/\/www.amillex.com\/zh\/wp-json\/wp\/v2\/posts\/4793\/revisions\/4795"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/zh\/wp-json\/wp\/v2\/media\/4794"}],"wp:attachment":[{"href":"https:\/\/www.amillex.com\/zh\/wp-json\/wp\/v2\/media?parent=4793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amillex.com\/zh\/wp-json\/wp\/v2\/categories?post=4793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amillex.com\/zh\/wp-json\/wp\/v2\/tags?post=4793"}],"curies":[{"name":"\u53ef\u6e7f\u6027\u7c89\u5242","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}