Mexican peso slid intraday; USD/MXN jumped nearly 60 pips after Trump threatened to double US tariffs on Mexico over immigration.

Saxo Bank chief investment strategist Charu Chanana said in a note that uncertainty over NVIDIA’s leadership could accelerate shifts to alternative suppliers. AMD, Broadcom, Alphabet and Samsung Electronics may benefit, though meaningful market-share gains will take time. A larger risk is disruption to the broader AI ecosystem: higher debt financing, pressure on hyperscalers’ free cash flow and regulatory uncertainty are already testing the sustainability of AI spending. Chanana described this as a test for AI trades rather than their end and said investors should separate firms benefiting from ongoing infrastructure spend from those that can generate sustainable returns from AI adoption.

上海黃金交易所黃金T+D 11月11日（週三）晚盤收盤下跌1.34%報858.04元/克； 上海黃金交易所白銀T+D 11月11日（週三）晚盤收盤下跌0.51%報12460.0元/千克。