Dollar Stalls as Trump Tariff Turmoil Shakes Global Markets 
U.S. Conducted January Rate Checks to Support Yen, Nikkei Reports 
Gold Prices Edge Higher as U.S. Tariffs, Fed Policy and Iran Talks Shape Market Sentiment 
Australia Inflation Rises Above Forecast in January, Fueling Interest Rate Hike Concerns 
Dollar Slides After Supreme Court Blocks Trump Tariffs, Boosting Global Growth Outlook 
Asian Stocks Mixed as Trump Tariffs Stir Uncertainty; Hong Kong and South Korea Lead on AI Gains 
Trump Raises Tariffs to 15% Under Section 122 After Supreme Court Ruling 
Asian Markets Slip as Wall Street Selloff Deepens on Trump Tariff Uncertainty and AI Fears 
China Holds Loan Prime Rates Steady as PBOC Maintains Cautious Monetary Policy 
China Stock Market Rallies After Lunar New Year as Tariff Relief and Holiday Spending Boost Sentiment 
Hong Kong Economy Forecast to Grow 2.5%-3.5% in 2026, Budget Deficit Set to Narrow 
Indonesia Posts 54.6 Trillion Rupiah Budget Deficit in January 2026 Amid Rising Spending 
AI Selloff Fears: DoorDash, Uber, Salesforce and Visa Slide After Citrini Research Report 
European Stocks Slip as U.S. Tariff Uncertainty Grows; Novo Nordisk Shares Tumble 
Bank of Korea Expected to Hold Interest Rates at 2.50% Through 2026 Amid Currency and Housing Market Risks 
Wall Street Falls as Trump Tariffs Roil Markets and AI Stock Fears Deepen 
Gold Prices Pull Back from Three-Week High as Dollar Strengthens and Trade Tensions Resurface 
Oil prices climbed close to seven-month highs on Wednesday as escalating U.S.-Iran tensions heightened fears of potential supply disruptions in the Middle East. Despite renewed diplomatic talks scheduled for Thursday in Geneva, investors remain cautious, driving volatility in global crude markets.
Brent crude futures rose 45 cents, or 0.64%, to $71.22 per barrel, while U.S. West Texas Intermediate (WTI) crude gained 42 cents, or 0.64%, to $66.05. Brent recently touched its highest level since late July, and WTI reached its strongest point since early August. Prices have held firm as the United States strengthens its military presence in the Middle East, pressuring Iran to negotiate limits on its nuclear and ballistic missile programs.
Market participants are closely watching the geopolitical risk premium built into oil prices. Iran, the third-largest producer in the Organization of the Petroleum Exporting Countries (OPEC), plays a critical role in global crude supply. Any prolonged military conflict could disrupt oil exports not only from Iran but across the broader Middle East, a region vital to global energy markets.
U.S. envoys Steve Witkoff and Jared Kushner are expected to meet Iranian officials for a third round of negotiations. Iran’s Foreign Minister Abbas Araqchi signaled that a deal is “within reach” if diplomacy prevails. However, uncertainty remains over whether Tehran will meet Washington’s “zero enrichment” demand, as President Donald Trump has warned of severe consequences if talks fail.
Adding to tensions, reports indicate Iran and China are accelerating discussions over anti-ship cruise missile purchases, potentially increasing risks to U.S. naval forces stationed near Iranian waters.
Beyond geopolitical concerns, oil markets are also reacting to supply data. The American Petroleum Institute reported a sharp 11.43 million-barrel rise in U.S. crude inventories for the week ending February 20, signaling potential oversupply. However, gasoline and distillate stocks declined. Investors now await official data from the U.S. Energy Information Administration for further direction in the global oil market.
