海外周报第 128 期：春节假期海外四大要闻-20260223

Market Performance - Global major stock indices mostly rose, with the Korean Composite Index, French CAC40, and FTSE 100 leading with increases of 5.5%, 2.5%, and 2.3% respectively from February 16 to 20[2] - Major 10-year government bond yields mostly declined, with Japanese, French, British, and Italian bonds down by 6.1bps, 3.8bps, 2.7bps, and 2.3bps respectively, while the 10-year U.S. Treasury yield rose by 4.0bps[2] - Most major commodities saw price increases, with Brent crude oil and WTI crude oil rising by 5.9% and 5.7% respectively during the same period[2] Currency Movements - The Japanese yen and British pound experienced significant declines, falling by 1.5% and 1.3% respectively, while the U.S. dollar index rose by 0.9%[3] Geopolitical Events - The U.S.-Iran crisis escalated, with WTI crude oil prices increasing from approximately $62.33 to $66.39, marking a 6.5% rise, and Brent crude oil rising by 6.4% to $71.76 due to military tensions in the region[3] - The FOMC meeting minutes indicated a neutral yet hawkish stance, with market expectations for a potential rate cut of about 60 basis points this year, reflecting a slight easing compared to previous expectations[4] Legal and Trade Developments - The U.S. Supreme Court ruled against Trump's "emergency" tariffs, leading to a significant shift in trade policy, with Trump announcing a new 10% tariff on global imports for 150 days[5] - Following the Supreme Court's decision, the market reacted positively, with the Nasdaq index rising by 0.90% due to eased supply chain pressures[7] Economic Outlook - Japan's new Prime Minister, Fumio Kishida, emphasized a "responsible active fiscal policy," proposing significant tax cuts and public investments, which are expected to boost Japan's GDP growth forecast for 2026[8]