BlockBeats News, February 28th: The US-Iran conflict has completely escalated today. Next week, the US-Iran geopolitical tension will be full of variables, and the global market will fluctuate amid high uncertainty and risk-off sentiment.
Analysts pointed out: In addition to direct missile launches, Iran’s retaliatory measures may also include mining the Strait of Hormuz—the global chokepoint for oil trade that accounted for 30% of global seaborne oil trade last year. However, analysts believe that considering the economic impact on major oil-importing countries, Iran may be more inclined to direct Houthi militants or Iraqi Shia militias as proxies to launch precise strikes on energy infrastructure in the region or US diplomatic institutions.
In addition to the geopolitical situation, the main macro events next week are as follows:
Monday 22:45, US February final S&P Global Manufacturing PMI; Monday 23:00, US February ISM Manufacturing PMI.
Tuesday 22:55, FOMC Permanent Voter and New York Fed President Williams will speak.
Wednesday 00:55, 2026 FOMC Voter and Minneapolis Fed President Kashkari will speak; Thursday 03:00, the Fed will release the Beige Book; Wednesday 21:15, US February ADP Employment Change; Wednesday 22:45, US February final S&P Global Services PMI; Wednesday 23:00, US February ISM Non-Manufacturing PMI.
Thursday 20:30, US February Challenger Job Cuts; Thursday 21:30, US Initial Jobless Claims up to February 28th, US January Import Prices m/m; Thursday 23:00, US February Global Supply Chain Pressure Index.
Friday 21:30, US February Unemployment Rate, US February Nonfarm Payrolls, US January Retail Sales m/m.
