White House Press Secretary Levitt: It will take four to six weeks to complete the operation against Iran.

Domestic News 1. Director of the National Development and Reform Commission: GDP growth is expected to exceed 6 trillion yuan this year. 2. Ministry of Finance: Fiscal policy will continue to maintain a more proactive stance in 2026. 3. Chairman of the China Securities Regulatory Commission: The construction of a market stabilization mechanism with Chinese characteristics will be improved during the 15th Five-Year Plan period. 4. Zheng Shanjie: A national-level M&A fund will be established in conjunction with the Ministry of Finance, the People's Bank of China, and other departments. 5. Director of the National Development and Reform Commission: The service sector is expected to exceed 100 trillion yuan during the 15th Five-Year Plan period. 6. The China Securities Regulatory Commission issued "Several Provisions on the Supervision of Short-Swing Trading". 7. Zhengzhou Commodity Exchange issued a risk warning letter: Uncertainty factors in the commodity market are increasing, and the prices of futures contracts such as caustic soda are fluctuating significantly. 8. Wu Qing, Chairman of the China Securities Regulatory Commission: Strict investigation and punishment of behaviors such as riding the wave of hot topics, speculating on concepts, and engaging in manipulation. International News 1. Bessant: Temporarily allows India to purchase Russian oil stranded at sea. 2. Traders have fully priced in the expectation that the European Central Bank will raise interest rates by 25 basis points this year. 3. Sources: Dubai gold is offering discounts of up to $30 per ounce compared to the London global benchmark price. 4. A US judge will hold a closed-door "settlement meeting" on Friday regarding Trump's tariff refund case, meeting with relevant parties. 5. Non-farm payroll data—① US non-farm payrolls unexpectedly decreased in February, the unemployment rate was slightly higher than expected, and the combined non-farm payrolls for December and January were revised down by 69,000. ② Fed's Daly: Cannot be ignored, but should not be over-interpreted. ③ Hassett: We should focus on the average number of jobs. ④ After the data release, the probability of a June rate cut quickly rose to about 50%. 6. Iran situation—① Trump said he wants to "completely eliminate" the Iranian leadership; a new leader has been chosen, and no agreement will be reached with Iran unless it surrenders; Cuba will soon collapse. ② Iran said attacks on its enemies will be more intense and widespread in the coming days. Iran said a US oil tanker was attacked on the Kuwaiti border. Iran's deputy foreign minister said they will fight to the last bullet. ③ The French aircraft carrier "Charles de Gaulle" arrived in the Mediterranean. ④ Russia provides Iran with location data for US troops. 7. Energy Situation—① US: The US government ruled out allowing the Treasury Department to trade oil futures; Trump: Gasoline prices will soon fall; the US will not discuss using its strategic petroleum reserves in the near future. ② Kuwait cuts oil production due to overflowing storage tanks; Saudi Arabia and the UAE's storage facilities are also nearing their limits. ③ OPEC members discuss further production cuts and refining capacity. ④ The International Energy Agency has no plans for a collective release of reserves. ⑤ Japan is considering releasing its national oil reserves without international coordination. ⑥ Brent crude futures climbed above $90/barrel for the first time since April 2024. WTI crude touched $89/barrel.

Traders are increasing their bets that the Federal Reserve will cut interest rates at least once in 2026.