🔥 Biya Morning Brief | Global Market Highlights, February 24, 2026
1. Precious metals remain elevated: spot gold at approximately $5,160–5,200/oz, silver at $86–88/oz, with continued safe-haven support.
2. U.S. equities pull back: Dow down 1.66% to 48,804, S&P down 1.04%, Nasdaq down 1.13%, pressured by tariff concerns and AI-related fears impacting tech and financial sectors.
3. Trump’s visit to China confirmed for March 31–April 2; Section 122 temporary 15% global tariff takes effect for 150 days, with China’s stance hardening.
4. U.S.-Iran tensions rise: nuclear talks resume in Geneva; Trump favors limited, short-term strikes, U.S. military forces mobilize, driving increased oil volatility on safe-haven flows.
5. Crypto: BTC declines ~2% to the $63,000–64,000 range; Strategy purchases its 100th batch of 592 BTC, bringing total holdings to 717,722; Saylor remains bullish on the long-term outlook.
6. Hong Kong markets follow suit: Hang Seng Index down ~1.9–2% to approximately 26,540–26,560; Tech Index drops over 2%, led by declines in internet and consumer stocks, while semiconductors outperform.
7. Overall: Geopolitical and trade uncertainties dominate; safe-haven assets gain favor; U.S. and Hong Kong equities retreat—monitor upcoming negotiations and earnings reports.
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(Data as of latest snapshot; investing involves risk—DYOR)