国际货币基金组织在周三（2月25日）表示，预计美国今年的经济增长率将从2025年的2.2%上升至2.4%，失业率可能处于4%附 近，通胀可能逐步回落，美联储在今年有望适度下调政策利率。 美联储理事米兰此前曾预计2026年美联储的利率将降至2%—2.25%区间，但美联储官员普遍预计今年降息一次是合适的。米兰 最新的表态认为不存在通胀的问题，今年利率可能会下调100个基点，即4次下调25个基点，且宜早不宜迟。 百利好特约智昇研究黄金高级分析师欧文认为，近期投资者格外关注美伊谈判的进展，地缘风险仍不可忽视，有利于金价上 涨。 技术面：黄金今天将收月线，目前为大阳线，表明黄金仍保持上涨势头。黄金本周维持震荡，小时图震荡收敛，突破方向在 即，短线来看，低点不断上移，上方若突破5220美元则有望上冲至5250-5280美元区间。 原油方面： 近日美伊谈判有了新的消息，作为调解方的阿曼外交大臣表示双方取得了重大进展，并计划下周在维也纳展开技术层面的讨 论。伊朗外长表示，双方在一些问题上达成共识，但有些方面仍存在分歧。 美国方面坚持将伊朗的弹道导弹和对其他地区武装的支持行为必须纳入讨论范围，重点依然在弹道导弹和核问题。一名伊 ...

日经225指数上午开盘报58995.39点，涨幅0.70%。韩国综合股价指数（KOSPI）开盘报6121.03点，上涨 0.6%。 日经225指数上午开盘报58995.39点，涨幅0.70%。韩国综合股价指数（KOSPI）开盘报6121.03点，上涨 0.6%。 责任编辑：王永生 责任编辑：王永生 ...

Report Summary 1. Core View - The report presents the price changes of various international varieties from February 13th, 15:00 to February 23rd, 18:00 in 2026, including stock indices, commodities, and currency indices [3]. 2. Key Points by Category Stock Indices - The FTSE A50 Index rose from 14,684 to 14,919, a 1.60% increase [3]. - The Hang Seng Index increased from 26,595.15 to 27,081.91, a 1.83% rise [3]. - The Dow Jones Industrial Index went up from 49,451.98 to 49,625.97, a 0.35% increase [3]. - The S&P 500 Index climbed from 6,832.76 to 6,909.51, a 1.12% gain [3]. - The NASDAQ Composite Index advanced from 22,597.15 to 22,886.07, a 1.28% increase [3]. - The Nikkei 225 Index dropped from 56,941.97 to 56,825.7, a 0.20% decline [3]. Commodity Indices - The Baltic Dry Index decreased from 2,083 to 2,043, a 1.92% fall [3]. Energy Commodities - Brent Crude Oil rose from $67.55 to $71.04, a 5.17% increase [3]. - US Crude Oil increased from $62.83 to $66.23, a 5.41% rise [3]. Precious Metals - CMX Gold climbed from $4,986.7 to $5,170.1, a 3.68% gain [3]. - CMX Silver advanced from $77.105 to $86.515, a 12.20% increase [3]. Base Metals - LME Copper rose from $12,894.5 to $12,966, a 0.55% increase [3]. - LME Aluminum increased from $3,062.5 to $3,102.5, a 1.31% rise [3]. - LME Zinc went up from $3,352.5 to $3,377.5, a 0.75% increase [3]. - LME Lead dropped from $1,976.5 to $1,963, a 0.68% decline [3]. - LME Nickel advanced from $17,255 to $17,600, a 2.00% increase [3]. - LME Tin climbed from $46,940 to $47,500, a 1.19% gain [3]. Iron Ore - TSI Iron Ore decreased from $97.15 to $95.85, a 1.34% fall [3]. Agricultural Commodities - CBOT Soybeans rose from $1,134.75 to $1,146.75, a 1.06% increase [3]. - CBOT Soybean Meal increased from $308.6 to $309.7, a 0.36% rise [3]. - CBOT Soybean Oil advanced from $57.26 to $59.67, a 4.21% increase [3]. - CBOT Corn climbed from $430.25 to $438.75, a 1.98% gain [3]. - CBOT Wheat rose from $550.75 to $575.75, a 4.54% increase [3]. - MDE Crude Palm Oil increased from 3,996 to 4,084, a 2.20% rise [3]. - ICE No. 2 Cotton advanced from 64.26 to 65.46, a 1.87% increase [3]. - ICE No. 11 Sugar climbed from 13.53 to 13.9, a 2.73% gain [3]. Currency Indices - The US Dollar Index rose from 97.0775 to 97.6349, a 0.57% increase [3]. Currency Pairs - The US Dollar against Offshore RMB decreased from 6.908 to 6.8852, a 0.33% decline [3].

Core Insights - Global capital markets experienced a majority increase during the Spring Festival holiday, with indices in countries like South Korea, the UK, and France reaching historical highs [1] - The situation surrounding Trump's tariffs remains uncertain, and the outlook for US-Iran conflict appears increasingly pessimistic, contributing to significant rises in international gold, silver, and oil prices, with silver increasing nearly 17% [1] Market Performance Summary - **Dow Jones Index**: Decreased by 1.31% from 49,451.98 to 48,804.06 [2] - **Nasdaq Index**: Slight increase of 0.13% from 22,597.15 to 22,627.27 [2] - **S&P 500 Index**: Marginal increase of 0.07% from 6,832.76 to 6,837.75 [2] - **Hang Seng Index**: Increased by 2.30% from 26,472.19 to 27,081.93 [2] - **Hang Seng Tech Index**: Increased by 1.11% from 5,326.23 to 5,385.35 [2] - **Nikkei 225 Index**: Decreased by 0.20% from 56,941.97 to 56,825.70 [2] - **KOSPI (Korea Composite Index)**: Increased by 6.16% from 5,507.03 to 5,846.09, reaching a new high [2] - **DAX (Germany)**: Increased by 0.54% from 24,852.69 to 24,986.58 [2] - **CAC 40 (France)**: Increased by 1.90% from 8,340.56 to 8,499.01, briefly reaching a new high [2] - **FTSE 100 (UK)**: Increased by 2.71% from 10,402.44 to 10,684.74, briefly reaching a new high [2] Commodity Price Changes - **London Gold Spot**: Increased by 5.87% from 4,946.12 to 5,236.38 [2] - **London Silver Spot**: Increased by 16.81% from 76.11 to 88.91 [2] - **ICE Brent Crude Oil**: Increased by 5.48% from 67.54 to 71.24 [2] - **WTI Crude Oil**: Increased by 6.05% from 62.65 to 66.44 [2] Futures and Cryptocurrency - **A50 Futures**: Increased by 1.00% from 14,719.00 to 14,866.00 [2] - **Bitcoin**: Decreased by 6.74% from 69,129.99 to 64,473.14 [2]

记者|马原 | 美元兑日元 | | | 155.14350 | | | +0.14350 +0.09% | | --- | --- | --- | --- | --- | --- | --- | | 155.243 | | | | | | | | 155.121 | | | | | | | | 155.000 | | | | | | | | 154.878 | | | | | | | | 154.757 | | | | | | | | 17:00 | 21:00 | 01:00 | 05:00 | 09:00 | 13:00 | 16:59 | 编辑|程鹏 易启江校对|金冥羽 2月20日，韩国KOSPI指数开盘涨幅0.27%，盘中上涨1.13%触及5741.44点，创下历史新高，截至发稿， 涨幅回落至1.09%，报5739.02点。 日经225指数开盘跌0.89%，盘中一度跌超1.28%，跌超733点。截至发稿，跌幅为1.11%，报56828.33 点。 日本1月CPI同比上升1.5%，1月核心CPI同比上升2.0%。日本2月综合PMI初值53.8，前值53.1。日本2月 制造业PMI初值52.8，前值51. ...

2月20日，韩国KOSPI指数开盘涨幅0.27%，盘中上涨1.13%触及5741.44点，创下历史新高，截至发稿，涨幅回落至1.09%，报5739.02点。 日经225指数开盘跌0.89%，盘中一度跌超1.28%，跌超733点。截至发稿，跌幅为1.11%，报56828.33点。 截至发稿，日本东证股价指数下跌1.09%。 日本1月CPI同比上升1.5%，1月核心CPI同比上升2.0%。日本2月综合PMI初值53.8，前值53.1。日本2月制造业PMI初值52.8，前值51.5。日本2月服务业 PMI初值53.8，前值53.7。 每经记者｜马原 每经编辑｜程鹏 记者|马原 编辑|程鹏 易启江 校对|金冥羽 日元汇率走低，美元兑日元最新报155.1435。 日本5年期国债收益率跌至1.619%。10年期国债收益率跌至2.123%。30年期日本国债收益率跌至3.304%。 | （免责声明：本文内容与数据仅供参考，不构成投资建议，使用前请核实。据此操作，风险自担。） | | --- | ...

Market Performance - The Nikkei 225 index opened high, expanding gains over 1%, and as of the report, it was up by 666 points, reaching 57,232.49 points [1] - The South Korean stock market was closed due to the Lunar New Year holiday [1] Currency Exchange - The Japanese yen saw a short-term rise, with the USD/JPY exchange rate reported at 153.483 [1][2] - The USD/JPY experienced a change of +0.196, or +0.13%, from the previous close of 153.287 [2] Government Changes - On February 18, the entire cabinet of Prime Minister Fumio Kishida resigned, and a new prime minister will be elected in the afternoon session of the Japanese Diet [1] Bond Market - Japanese government bond yields fell across the board, with the 10-year yield dropping to 2.114% and the 30-year yield falling to 3.392% [3][4] Precious Metals - International precious metals saw a strong rally after a low opening, with spot gold reaching up to $4,900, marking a 0.43% increase [4][5] - Spot silver initially dropped over 1.6% but later reported a slight increase of 0.15%, currently at $73.6 per ounce [4][6] Trade Balance - Japan's Ministry of Finance reported a trade deficit of 1,152.6 billion yen for January [6]

2月18日，日经225指数高开，涨幅扩大超1%，截至发稿，上涨666点，报57232.49点。韩国股市因春节休市。 日元汇率一度短线走高，美元兑日元最新报153.483。 当地时间2月18日，日本财务省公布的数据显示，日本1月国际贸易逆差为11526亿日元。 日债收益率全面下跌，日本10年期国债收益率跌至2.114%。30年期日本国债收益率跌至3.392%。 | 日本10年期国债 | 2.114 | | --- | --- | | 0 9:41:11 JP10YT=XX | -0.024 (-1.12%) | | 日本 30年期国债 | 3.392 | | @ 9:51:11 JP30YT=XX | -0.001 (-0.03%) | | 日本5年期国债 | 1.602 | | 0 9:11:12 JP5YT=XX | -0.015 (-0.93%) | | 日本1年期国债 | 1.022 | | O 10:01:09 JP1YT=XX | 0.000 (0.00%) | | 日本3年期国债 | 1.364 | | 0 9:11:09 JP3YT=XX | -0.010 (-0.73%) | 国际贵金属方面， ...

每经记者｜马原 每经编辑｜程鹏 记者|马原 编辑|程鹏 杜波 校对|金冥羽 2月18日，日经225指数高开，涨幅扩大超1%，截至发稿，上涨666点，报57232.49点。韩国股市因春节休市。 日元汇率一度短线走高，美元兑日元最新报153.483。 消息面上，据新华社报道，18日上午，日本高市早苗内阁全体辞职。当地时间18日下午（北京时间18日中午），日本国会众参两院将分别举行首相指名选 举。新当选的首相当天将组建新内阁。日本宪法规定，众议院选举后第一次召集国会之际，内阁必须全体辞职。 | 日本10年期国债 | 2.114 | | --- | --- | | 0 9:41:11 JP10YT=XX | -0.024 (-1.12%) | | 日本30年期国债 | 3.392 | | 0 9:51:11 JP30YT=XX | -0.001 (-0.03%) | | 日本5年期国债 | 1.602 | | 0 9:11:12 JP5YT=XX | -0.015 (-0.93%) | | 日本1年期国债 | 1.022 | | O 10:01:09 JP1YT=XX | 0.000 (0.00%) | | 日本3年 ...

消息面上，据新华社报道，18日上午，日本高市早苗内阁全体辞职。 现货白银 XAGUSD ▼ 02/18 09:29:40 交易中 〔]:[休市提醒]中国、韩国、越南市场因春节休市。 图表 快讯 头条 盯盘神器 帖子 资金流向 枢轴 73.139 72.309 昨收 最高 73.089+ 72.309 最低 72.224 今开 +1.08% +0.779 73.349 73.089 买入 型出 分时 1分 5分 1小时 日K 30分 > 田 ○ MA BOLL 神奇九转 | ▽ 聪明钱 银弹 假突破雷达 筹矿 73.118 73.118 -- 73.089 MT 72.806 72.495 72.275 72.183 → 08:17 08:43 09:09 → 记者 | 金珊 编辑 | 江佩霞 2月18日，日经225指数高开，涨幅一度扩大超1%，截至北京时间9:30左右，报57098点。 日债收益率全面下跌，日本10年期国债收益率跌至2.111%。30年期日本国债收益率跌至3.378%。 当地时间18日下午（北京时间18日中午），日本国会众参两院将分别举行首相指名选举。新当选的首相当天将组建新内阁。日本宪法规定 ...