Oil prices were climbing on Friday, shaking off losses from the previous session, as markets get increasingly nervous about delays in reaching a deal to end Tehran's nuclear ambitions. ...

上海发布"沪七条"房地产优化政策 日度报告——综合晨报 [T报ab告le_日R期an：k] 2026-02-26 宏观策略（外汇期货(美元指数)） 美特使要求伊朗核协议永久有效 美国要求伊朗核协议永久有效，这无疑增加了谈判的难度，全 球市场风险偏好继续回升。 宏观策略（股指期货） 上海发布"沪七条"房地产优化政策 综 上海房地产新政进一步降低购房门槛，释放积极的政策信号。 房地产板块上涨但涨幅有限，应理性看待新政能带来的实际效 果。在人口老龄化、收入承压背景下，居民加杠杆受限。 合 宏观策略（国债期货） 晨 央行开展了 4095 亿元 7 天期逆回购操作 报 短期来看，房地产政策难以成为驱动债市持续下跌的核心因素， 在通胀回升等利空被债市确认之前，债市情绪难言趋势性转弱， 部分时刻债市还有反弹动力。长期债市不乐观。 农产品（棉花） 截至 2026 年 2 月 21 日，巴西棉花种植完成 99.9% 节后纺织企业正陆续复工，部分纺企因原料大涨而上调棉纱报 价，涨幅不及棉花；部分纺企暂停报价。纱布市场交投暂未完 全恢复，布厂及终端对于原料上涨的接受能力还有待观察。 有色金属（铜） ICSG：2025 年全球精炼铜 ...

据报道，华盛顿已向中东派遣两艘航空母舰。威特科夫在福克斯新闻频道上表示，在已经对伊朗发 出"若核协议谈判失败将面临严重后果"的警告后，美国总统对伊朗的立场"感到惊讶"。 威特科夫在19日录制、21日播出的采访中说："我不想用'沮丧'这个词，因为他知道自己有很多选择， 但他感到惊讶，不知道为什么他们没有……屈服。" 威特科夫称："为何在这种压力下，面对部署在那里的海军力量，他们没有来找我们，说'我们声明不想 要（核）武器，以下是我们准备采取的行动'？" 转自：扬子晚报 据法新社2月22日报道，美国中东问题特使史蒂文·威特科夫表示，特朗普总统不明白，面对华盛顿旨在 迫使伊朗接受核协议的军事部署，伊朗为何尚未"屈服"。 他承认，尽管施加了这种压力，"要让他们走到这一步依然困难"。 美国特使还证实，他会见了被废黜的伊朗国王的儿子礼萨·巴列维，称"我是奉总统之命与他见面的"。 来源：参考消息 ...

Core Viewpoint - Iran's Foreign Minister, Zarif, stated that the draft of the nuclear agreement will be completed within 2 to 3 days and submitted to the U.S. after final approval from Iranian leadership [1] Group 1: Agreement Drafting Process - The draft agreement will be submitted to U.S. Special Envoy, Wittekoff, after high-level confirmation [1] - Further meetings may be required to discuss and refine the draft, which could take about a week [1] - Both parties aim to reach a "fair, win-win, and just" agreement [1] Group 2: Diplomatic Negotiations - Zarif emphasized that diplomatic negotiations are the only solution to the Iranian nuclear issue, and military action would complicate matters [1] - The second round of indirect negotiations between the U.S. and Iran took place on February 17 in Geneva, with both sides acknowledging progress despite existing differences [1] - Zarif communicated with the Director-General of the International Atomic Energy Agency, Grossi, indicating that Iran is developing a negotiation framework to advance dialogue with the U.S. [1]

Core Viewpoint - Israeli Prime Minister Netanyahu stated that any agreement between the U.S. and Iran must include the dismantling of Iran's nuclear infrastructure, not just a halt to uranium enrichment [1] Group 1: U.S.-Iran Negotiations - The second round of negotiations between the U.S. and Iran is set to take place, with Iran seeking a nuclear agreement that provides economic benefits for both parties [1] - Netanyahu expressed skepticism regarding the potential agreement but emphasized the necessity for Iran to dismantle all equipment and infrastructure related to uranium enrichment [1]

Core Viewpoint - The United States and Iran are attempting to resolve tensions through diplomatic negotiations, but significant differences remain in their positions regarding the scope of discussions, particularly on nuclear issues and sanctions [1][4]. Group 1: Diplomatic Efforts - Iranian President Pezeshkian has ordered the initiation of nuclear talks, with high-level negotiations expected to occur soon between U.S. Special Envoy Wittekopf and Iranian Foreign Minister Zarif in Istanbul [1][3]. - The upcoming meeting in Istanbul will include foreign ministers from Turkey, Qatar, Egypt, Oman, UAE, Saudi Arabia, and Pakistan, indicating a broad international interest in the negotiations [1][3]. - U.S. Defense Secretary Esper has warned that if Iran refuses to negotiate on its nuclear program, the U.S. is prepared to take action [2][4]. Group 2: Divergent Positions - The core disagreement lies in the negotiation agenda, with the U.S. insisting on a comprehensive agreement that includes Iran's nuclear, missile, and regional proxy issues, while Iran is focused solely on nuclear discussions [4][5]. - Iranian officials emphasize that the lifting of sanctions is a critical demand for their participation in negotiations, asserting that any agreement must be mutually beneficial [2][4]. Group 3: Regional Dynamics - Regional countries, including Jordan and Saudi Arabia, have expressed neutrality and will not support any military actions against Iran, indicating a cautious approach to the escalating tensions [7]. - The U.S. has significantly increased its military presence in the Gulf region, with the Abraham Lincoln aircraft carrier strike group positioned to respond quickly if necessary [2][6].

Core Points - The recent UN Security Council vote has led to a deadlock between Iran and the International Atomic Energy Agency (IAEA) regarding nuclear cooperation [1] - Iran's Supreme National Security Council (SNSC) announced on October 20 that cooperation with the IAEA has effectively ceased due to the reinstatement of sanctions [1] - The crisis was triggered by the actions of the UK, France, and Germany, which initiated the process to restore sanctions based on Iran's non-compliance with the 2015 nuclear deal [1][2] Summary by Sections Iran's Response - Iran's SNSC emphasized that despite the Foreign Ministry's efforts to cooperate and propose solutions, European nations insisted on advancing sanctions, undermining months of cooperation with the IAEA [1] - The Iranian Foreign Minister met with the IAEA Director General on October 9, reaching a substantive agreement to resume inspections, which was later approved with a condition regarding hostile actions against Iran [1] Key Dates and Developments - A critical date is set for October 27, when if the Security Council does not reach a consensus to terminate sanctions, they will automatically be reinstated [2] - The security status of Iran's nuclear facilities remains a focal point for the international community, especially after attacks in June by Israel and the U.S. [2] International Concerns - Western nations are increasingly worried about Iran potentially developing nuclear weapons, a claim that Tehran has consistently denied [2] - The situation is evolving into a new phase of tension as the countdown to the reinstatement of sanctions progresses, drawing close attention from the international community [2]

Group 1 - The E3 countries (France, Germany, and the UK) have informed the UN that they are prepared to trigger the restoration of sanctions against Iran unless negotiations regarding its nuclear program are resumed with the US and the international community [2][3] - The E3 has proposed an extension of the deadline to avoid the automatic restoration of sanctions, stating that if Iran does not reach a diplomatic solution by August 2025, they are ready to initiate the "snapback" mechanism [2][3] - The E3 foreign ministers emphasized that the legal basis for re-imposing sanctions is clear, as Iran has deliberately deviated from its commitments under the nuclear agreement since 2019 [3] Group 2 - Iran has not responded to the E3's proposal for an extension, and the E3 believes that a limited extension would provide more time for negotiations aimed at reaching a new nuclear agreement while retaining the ability to re-impose sanctions to prevent nuclear proliferation [3] - Iranian Foreign Minister Amir-Abdollahian has stated that there is no reason to negotiate with the European countries if they cannot lift sanctions, indicating a hardened stance following recent conflicts with Israel [4] - Iran announced a suspension of cooperation with the International Atomic Energy Agency (IAEA) after a conflict with Israel, which raises concerns about the future of nuclear oversight and negotiations [4]

Group 1 - The core message indicates that the foreign ministers of France, the UK, Germany (E3), and the EU's senior representative have communicated with the Iranian foreign minister, emphasizing the need to return to diplomatic negotiations for a verifiable and lasting nuclear agreement [1] - The E3 ministers reiterated that if substantial progress is not achieved by the end of summer, the re-imposition of UN sanctions on Iran will be considered [1]

Core Viewpoint - A solid nuclear agreement with Iran is essential to safeguard Europe's security interests [1] Group 1 - The necessity of a robust nuclear deal is emphasized to ensure the stability and safety of European nations [1]