Huanyao Fang

TradingKey - International oil prices extended their upward trend. As of the latest trading session, Brent crude broke through $100 per barrel, trading at $100.33 per barrel with an intraday gain of over 3%; WTI crude rose 4.0% intraday to $93.94 per barrel.

TradingKey - As expectations for US-Iran ceasefire negotiations continued to fluctuate, market risk appetite retreated again. Asian equity markets generally opened lower and trended downwards on Thursday, with the KOSPI falling by more than 3%. The Nikkei 225 and TOPIX also closed slightly lower, while the Hang Seng Index and commodity prices simultaneously experienced sharp volatility.

TradingKey - Recently, amid tightening CPU supply, Intel (INTC) and AMD have successively raised prices for their CPU products, covering server and select high-performance consumer lines. Following the news, shares of both Intel and AMD rose over 7% on Wednesday. Arm also surged 16.38% in the previous trading session after announcing its self-developed AGI CPU and providing a robust revenue growth outlook.

TradingKey - Google's (GOOGL) release of its new AI memory compression technology, TurboQuant, has sparked market concerns regarding the outlook for storage demand. Following the news, U.S. memory chip stocks plummeted during Wednesday’s intraday session. SanDisk (SNDK) fell as much as 6.5% at one point, while Micron Technology (MU) dropped over 5%, Western Digital (WBD) fell more than 6%, and Seagate Technology (STX) declined by over 8%.

TradingKey - Prospects for US-Iran ceasefire negotiations dominated Wednesday’s market movements. As Iran’s stance hardened, oil prices rebounded from intraday lows to eventually close higher. US equities and Treasuries did not follow the reversal in oil prices, both closing slightly higher and mark

TradingKey - Against the backdrop of the intensifying commercial space boom, SpaceX’s potential IPO has become a focal point of market attention. Meanwhile, the commodities market is experiencing sharp volatility, with silver prices particularly active, driven by the dual forces of industrial demand and financial attributes.

TradingKey - Driven by signs of easing geopolitical risks in the Middle East, international gold prices (XAUUSD) rebounded sharply after previously falling to the $4,100 mark. Prices climbed to touch the $4,600 level but encountered significant pressure near these highs, with signs of a short-term pullback emerging.

TradingKey - President Trump pledged on Monday to suspend strikes against Iran's energy infrastructure for five days as negotiations continue. Market reaction to the announcement suggests that "buying the dip" remains the market consensus.

TradingKey - Media reports indicate that SpaceX, founded by Tesla (TSLA.US) CEO Elon Musk, plans to file its IPO prospectus with regulators later this week or next week. The company aims to raise more than $75 billion in the IPO, exceeding the previously reported $50 billion. Its latest valuation is

TradingKey - The increasing investment in artificial intelligence is not only benefitting chip manufacturers but is also leading to the emergence of a new class of infrastructure companies.

TradingKey — According to latest reports, Iran has signaled a tougher stance regarding conditions for ending the war. Mohsen Rezaee, the newly appointed military advisor to Iran’s Supreme Leader, stated in an interview with Iranian state television on March 23 that Iran will not easily end the conflict in the short term unless its core demands are fully met.

TradingKey - As Donald Trump once again signals a de-escalation of Middle East tensions, global markets have swiftly entered "TACO trade" mode: risk assets rebounded, safe-haven assets retreated, and volatility quickly contracted.

TradingKey - On March 23, Eastern Time, ahead of the U.S. market open, Donald Trump signaled a potential de-escalation.

TradingKey - Against the backdrop of global capital re-evaluating asset allocation paths, Berkshire Hathaway (BRK.B) has once again increased its exposure to the Japanese market. Latest disclosures reveal that the company, through its reinsurance entities, invested 287.4 billion yen (approximately $

TradingKey - Trump stated that the US-Iran dialogue was productive and decided to hold off on strikes against Iranian energy facilities.

TradingKey - At 3:21 AM Beijing Time during the Asian trading session, spot gold (XAUUSD) fell nearly 9% intraday, briefly dropping below the $4,100/oz mark. This not only erased all gains for the full year of 2026 but also marked the largest monthly decline of the 21st century. Since March, spot gold prices have plummeted by more than $1,000. Meanwhile, spot silver (XAGUSD) fell in tandem to $61/oz, down 10% on the day.

TradingKey - Following the latest policy meeting, several Federal Reserve officials have issued a flurry of signals to anchor expectations, but market reactions have significantly diverged. Despite the policy-level emphasis on stability, financial markets have "voted with their feet"—U.S. stocks weakened, yields climbed, and rate cut expectations have been continuously pushed back.

TradingKey - Spot silver plummeted during Monday's Asian trading session, with intraday losses expanding to over 8% as prices broke below the $62 mark, hitting a new yearly low. Technical charts showed a distinct "waterfall" decline in a short period, signaling a rapid shift in market sentiment.

TradingKey — The spillover effects of the Middle East conflict are rapidly spreading from energy markets to the semiconductor supply chain. Latest reports indicate that Iranian strikes on Qatari energy facilities have significantly impacted the supply of helium, often referred to as "Golden Gas." This seemingly niche industrial gas is emerging as a critical risk factor for the global semiconductor industry.

TradingKey - Nike has undergone one of the greatest sentiment shifts among global consumer brands in the last 12 months.