SWHY(SZ:000166) 赵伟宏观探索·2026-03-02 08:35Group 1: Major Asset Classes & Overseas Events & Data - The three major US stock indices collectively declined, with the S&P 500 down by 0.4%. Meanwhile, gold and silver prices saw a significant increase, with COMEX gold rising by 4.1% to $5280.0 per ounce and COMEX silver up by 11.1% to $93.8 per ounce [2][86] - The US 10-year Treasury yield decreased by 11 basis points, while the dollar index fell by 0.1% to 97.64. The offshore RMB appreciated to 6.86 [2][86] - Brent crude oil prices increased by 1.0% to $72.5 per barrel, reflecting a broader trend of rising commodity prices [30][34] Group 2: Economic Indicators - The US Producer Price Index (PPI) for January was stronger than expected, with a year-on-year increase of 2.9% and a month-on-month rise of 0.5%. This suggests upward pressure on the Personal Consumption Expenditures (PCE) inflation [56][86] - Japan's retail sales for January also exceeded expectations, with a month-on-month increase of 4.1% and a year-on-year rise of 1.8%, driven by strong sales in machinery and vehicles [58][86] Group 3: Labor Market Data - Initial jobless claims in the US for the week ending February 21 were 212,000, lower than the market expectation of 216,000. Continuing claims also fell below expectations, indicating a stable labor market [61][64]