USD strong, gold stable at $5180, oil under pressure.

Amidst the chaos of tariffs and the advancement of US Iran negotiations, the US dollar remains strong. On Thursday, the US dollar index weakened during the Asia Pacific session, rising near the 98 level in the US market before encountering resistance and falling again near that level, ultimately closing almost flat; The benchmark 10-year Treasury yield closed at 4.056%, while the 2-year Treasury yield sensitive to the Federal Reserve policy rate closed at 3.475%. On Friday morning (February 27th Beijing time) in the Asian market, spot gold trading was around $5185 per ounce, and gold prices remained stable on Thursday. The market remained on the sidelines before the third round of indirect nuclear negotiations between the United States and Iran in Geneva, hoping to receive signals of easing geopolitical tensions. International oil prices rose by about 2% during the trading session, but fell again after positive progress was reported in the US Iran talks. WTI crude oil closed down 0.23% at $65.41 per barrel; Brent crude oil closed up 0.17% at $70.99 per barrel.