In the week from February 23 to March 1, affected by the news that OPEC+ is considering extending production cuts, ** led the rise of global assets. Vietnam** is proud of the world, and Japanese stocks continue to hit a new high of 40,000 points.
This week, the stock indexes of Europe, the United States and Japan hit record highs. Among them, the three major U.S. stock indexes rose for four consecutive months, with the S&P and Dow recording the largest annual gains in the first two months since 2019; European stocks diverged, with German stocks hitting record highs and rising for four consecutive months.
In terms of other commodities, ** continued to rise, ** picked up, and iron ore led the decline in global assets.
Among the relevant domestic cross-border ETF LOF**, S&P Biotech LOF, Global Chip LOF, and Nikkei ETF are among the top gainers; Southeast Asia technology ETFs, Harvest **LOF, and India**LOF led the decline.
Aspects
Supported by the biotechnology and chip sectors, U.S. stocks hit record highs during the week. Although it continued to fluctuate since then, the S&P Nasdaq** has maintained its all-time high. Combined with the blockbuster PCE growth that did not exceed expectations, S&P won its best start to the year in five years. For the week, the S&P 500 closed up 09%, and the Dow closed down 01%, the Nasdaq closed up 17%, and the Nasdaq 100 closed up 166%, and the Russell 2000 closed up 3%. After breaking through the all-time high of the "bubble period" last week, the Nikkei 225 index continued to hit a record high this week, hitting the 40,000-point mark. So far this year, the Nikkei 225 Index has risen nearly 20% this year, and Japan's Topix Index has risen nearly 14% this year. In addition, Vietnam's Ho Chi Minh Index closed up 38%, India's SENSEX30 index closed up 08%。Although the eurozone manufacturing PMI contracted for the 20th consecutive month in February, the decline was the slowest in nearly a year, indicating a slowdown in the recession of manufacturing activity in the eurozone. Therefore, with Friday's upside, the Stoxx 600 rose slightly this week, rising for six consecutive weeks. Stock indexes across the country performed differently, German stocks rose nearly 2%, up for four weeks, Italian stocks rose less than 1%, up for six weeks, while French stocks that rose for three weeks, last week's ** Western stocks all fell, and British stocks that fell slightly last week fell for two weeks. In the bond market
On Friday, economic data such as the ISM manufacturing index for February was released, which strengthened expectations of interest rate cuts by the Federal Reserve, and US Treasury yields fell in response to the voice of the Fed's "reddest vote" Waller. Among them, the two-year Treasury yield stopped a month-long streak due to a plunge in yields on Friday, falling for the first time in a single week since the end of January. European bond yields climbed broadly this week, with the 10-year UK bond yield rising by about 8 basis points and the German bond yield rising by about 5 basis points over the same period, both after a two-week winning streak ended last week**. In terms of commodities
Affected by the news that OPEC+ is considering extending production cuts, U.S. oil stations hit a four-month high of $80, but then retreated. U.S. oil has risen about 3 this week2%, cloth oil rose by about 34%, all after falling back last week**, the fifth week of accumulation in the last seven weeks, and only the last week of February accumulation. In the 21 weeks since the outbreak of the Palestinian-Israeli conflict, there have been 11 weeks of decline. **For two consecutive weeks**, it closed up 22%；Iron ore continues to lead the decline of global asset classes; London copper was suspended for two weeks** to close down 07%。
In terms of exchange rates
The U.S. dollar index has fallen slightly for the week, failing to end a seven-week winning streak last week**. Wall Street news, welcome **app to see more.