Huanyao Fang

TradingKey - In traditional macroeconomic frameworks, the US dollar and gold typically exhibit an inverse relationship: a stronger dollar weighs on dollar-denominated gold, while gold rallies are usually accompanied by a weakening dollar. However, both have recently strengthened in tandem. Does this signify a renewed reinforcement of the US dollar credit system, or is it a sign that the global risk premium is rising sharply?

TradingKey - Global stock markets (excluding China's Shanghai Composite Index) plunged on Monday, while international oil prices saw their largest single-day gain in four years. Safe-haven assets rallied across the board as the sharp escalation of tensions in the Middle East injected a new round of uncertainty into global financial markets.

TradingKey - Impacted by ongoing geopolitical tensions in the Middle East, Occidental Petroleum surged 7% in pre-market trading before pulling back to nearly 6%. The persistent conflict has driven oil prices higher, directly benefiting the company. This, coupled with capital preference for safe-haven assets, has collectively pushed the stock price upward.

TradingKey - Following a significant rally in the memory chip sector, Morgan Stanley has reshuffled its rankings within the semiconductor industry. The bank has designated NVIDIA (NVDA) as its top pick in the semiconductor sector, replacing its previous favorite Micron Technology (MU), signaling a renewed positive shift in its medium-to-long-term outlook for the leader in AI core computing power.

TradingKey - During Monday's Asian trading session, futures on the three major Wall Street indices extended their declines as intensifying concerns over escalating geopolitical risks and macroeconomic uncertainty put pressure on risk assets. Gold, silver, and crude oil rose in tandem, with crude oil

TradingKey - With U.S. President Donald Trump nominating Kevin Warsh as the next Federal Reserve Chair, the hawkish-dovish balance within the Fed is undergoing a pivotal shift. If successfully confirmed by the Senate, Warsh will succeed current Chair Jerome Powell in May 2026. This development also

TradingKey - According to the Associated Press, an area near the office of Iran's Supreme Leader has been attacked. Israeli Defense Minister Katz has declared an immediate nationwide state of emergency.

TradingKey - Amid structural downside risks for the U.S. dollar, elevated U.S. equity valuations, and the uncertainty premium stemming from inconsistent White House policies, Wall Street's long-standing confidence in the "structural outperformance" of U.S. stocks is beginning to waver.

TradingKey - In February 2026, the precious metals market strengthened significantly against a backdrop of rising geopolitical risks and fluctuating macroeconomic expectations. Gold (XAUUSD) and silver (XAGUSD) not only extended their strong performance since the beginning of the year but also showed signs of accelerated upward momentum toward the end of the month.

TradingKey — Recently, weighed down by earnings missing expectations and factors such as AI bubble and disruption theories, Tesla (TSLA) shares have continued to slide, falling nearly 20% from their December 2025 peak.

TradingKey - Gold, silver, and oil surged collectively. Gold (XAUUSD) rose nearly 2% on the day to close at $5,280/oz, approaching $5,300. Silver (XAGUSD) recorded its tenth consecutive monthly gain, rising over 6% by the close to reach nearly $94. WTI crude oil front-month futures rose over 3% to settle at $67.29.

TradingKey — Nvidia (NVDA) reported fourth-quarter results that once again exceeded market expectations, but its share price fell 5.5% in overnight trading, erasing approximately $260 billion in market capitalization in a single day as the market engaged in "buy the news, sell the fact" trading.

TradingKey – Netflix (NFLX) has officially withdrawn from the acquisition bid for Warner Bros. Discovery (WBD), stating that the current offer is "no longer financially attractive," and announced the resumption of its share buyback program to reward shareholders.

TradingKey - During the February 27 Asia trading session, gold prices attempted to break through 5,200 again, pulling back after a brief breakout. Signs of profit-taking by bulls are significant, with short-term speculative capital showing an increased inclination to exit as fundamental support weakens.

TradingKey - On February 26 local time, Tesla (TSLA) China announced that for orders placed by March 31, select models will be eligible for 7-year ultra-low interest and 5-year zero-interest financing plans, as well as insurance subsidies.

TradingKey - Nvidia (NVDA) reported fourth-quarter results on Wednesday that beat expectations across the board, with its core data center business revenue surging 75% year-over-year to become the primary growth engine.

TradingKey - At 8:00 PM ET, gold prices (XAUUSD) closed at $5,190/oz, eyeing a breakthrough of the $5,200 level. Prices stabilized within the $5,100–$5,200/oz range following JPMorgan’s (JPM) upward revision of its long-term gold price forecast on Wednesday.

TradingKey - Hollywood media group Warner Bros. (WBD) announced Tuesday that it has received a revised acquisition proposal from Paramount (PSKY), raising the offer from the previous $30 to $31 per share in cash. The Board of Directors stated that this new bid "is likely to constitute a superior proposal" to the current agreement with Netflix and noted that negotiations between the two parties are continuing. The existing deal with Netflix (NFLX) remains in effect, as the Warner Bros. Board has not yet formally designated the Paramount offer as the superior proposal.

TradingKey - Bitcoin fell to $62,500 before rebounding to $66,000 during the Asian trading session, dragging the broader cryptocurrency market into a collective decline.

TradingKey - During Tuesday's US trading session, gold prices retreated after nearly reaching the $5,250 mark, as investors locked in profits and the US dollar strengthened. As of 8:20 PM ET (9:20 AM Beijing Time), spot gold regained its upward momentum, rising to $5,185 per ounce. US gold futures b