Amillex Daily Market Review | Regional stalemate persists, gold edges higher at elevated levels while crude oil remains under pressure

On April 14, 2026, global financial markets opened amid complex regional geopolitical tensions. Spot gold showed strong resilience in early Tuesday Asian trading, edging up to fluctuate around $4,760. Although blockade news in relevant waters heightened tensions again, the market remains cautiously optimistic about the direction of multilateral relations. Following the breakdown in previous communications, contacts between both sides have not been completely severed, and markets are closely watching the next round of talks scheduled for the 16th. This stalemate supports gold’s safe-haven appeal at elevated levels, as investor sentiment seeks a new balance between risk hedging and the exhaustion of bullish factors.

In contrast, the energy market shows a completely different trend. As the situation has not triggered substantial concerns over supply disruptions, coupled with slowing macroeconomic demand expectations, U.S. crude oil fell more than 2% intraday, trading near $97. Market momentum remains weak, and oil prices are accelerating toward support levels, potentially testing the key $95 mark within the day. Looking ahead, if talks release any signs of easing, the fading of risk aversion may lead to a correction in gold prices, while crude oil may face further downside if key support is broken. With current market volatility remaining high, investors should closely monitor the secondary impact of upcoming core data on the U.S. dollar.

Asset Classes Performance and Fundamental Analysis

1. 美國股票市場

指數表現

道瓊工業平均指數（DJI）: 48,218.25, up 301.68 points or 0.63%. Supported by heavyweight value stocks, the Dow outperformed the broader market, reflecting a shift toward blue-chip sectors with stable cash flows amid macro uncertainty.
標準普爾500指數（SP500）: 6,892.80, down slightly by 0.05%. The index is trading in a very narrow range near the 6,900 level, as markets remain in a wait-and-see mode ahead of key inflation data this week.
納斯達克100指數（NQ1！）: 25,587.25, up 43.75 points or 0.17%. Despite uncertainty in the interest rate path, resilience in AI infrastructure-related stocks continues to support the tech sector.

股票亮點

特斯拉（TSLA）: $352.42, up 0.99%. Markets continue pricing in its April Cybercab mass production plan and progress in European FSD approvals, with strong performance above $350.
英特爾（INTC）: $65.18, surged 4.49%. Boosted by its involvement in Elon Musk’s Terafab AI chip project and a data center agreement with Google, trading activity has significantly increased.
蘋果（AAPL）: $259.20, down 0.49%. Despite a broad rally in major tech stocks, Apple underperformed due to recent supply chain adjustment rumors, falling below $260.

2. 外匯市場

美元指數（DXY）: 98.377, unchanged (0.00%). The Federal Reserve maintained its benchmark rate at 3.50%–3.75%. Although December CPI expectations support the “higher for longer” narrative, it is already priced in, leaving the index moving sideways near 98.40.
歐元兌美元 (EURUSD): 1.17624, up 0.04%. Despite weak European fundamentals, the euro gained technical support above 1.17 as the dollar stalled.
美元/日圓 (USDJPY): 159.300, down 0.09%. The yen faces strong psychological resistance near 160, and concerns over potential Bank of Japan intervention are limiting further carry trade expansion.

3. 貴金屬和大宗商品

貴金屬

現貨黃金（XAUUSD）: $4,756.87/oz, up $16.53 or 0.35%. Geopolitical risk premiums and expectations of Fed rate cuts continue to support gold within a historical uptrend above $4,700.
現貨白銀 (XAGUSD): $75.58/oz, up 0.01%. Silver is consolidating at high levels after a rapid previous rally.

大宗商品

原油（XTIUSD）: $96.72/barrel, down 1.33%. With expectations of resumed U.S.-Iran talks and improved flow outlook in the Strait of Hormuz, oil has given back earlier geopolitical premiums, falling below the $100 mark.

4. Crypto Assets and Macro Trends

比特幣（BTCUSD）: $74,473, up 0.03%. After failing to break the $80,000 level, BTC has entered a wide consolidation range as investors reassess its hedging role amid rising inflation.
以太坊 (ETHUSD): $2,370.30, unchanged (0.00%). ETH remains in neutral consolidation below $2,400, underperforming traditional hard assets.

5. 今日重點