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2026-W09 Weekly Summary

Week: 2026-02-23 to 2026-03-01 Source: futu-pw-20260302

Key Events

  • Feb 28: Israel + US launch strikes on Iran, conflict escalates
  • Iran threatens Hormuz Strait closure → 20% global oil supply at risk
  • Gold surges on safe haven demand
  • MFS blowup triggers private credit and bank stock selloff
  • US Jan PPI significantly above expectations, services-driven
  • China Spring Festival travel: 596M trips (+19%), but spending per capita -0.23% YoY
  • Shanghai property: residency purchase rules relaxed

Market Data

  • SPX PE: 22.9
  • Oil price breakout above $90/barrel

Strategy

  • Risk repricing underway, precious metals up, growth volatility elevated

关联: concepts/oil-inflation-rate-chain entities/gold