Today, February 25, 2026, Wednesday, markets started the day as follows:

• Asian session closed positively: Nikkei 225 up 2.61% to a record level of 58,817, Australia ASX 200 up 0.99%, and South Korea tech leading strongly.
• European opening is slightly mixed: DAX around -0.02%, but futures are up 0.06%.
• US futures are slightly positive: Dow +0.02% to 49,247, S&P 500 +0.07% to 6,908, Nasdaq 100 +0.12%. Yesterday, February 24, Wall Street recovered: Dow +0.76% to 49,174, S&P +0.77% to 6,890, Nasdaq +1.04% to 22,863.
• Borsa Istanbul has not opened yet; opening at 10:00, Turkish time. Yesterday, BIST 100 closed down 0.08% at 14,050.
Important news flow and economic data today:
• Nvidia Q4 & FY2026 earnings today after US market close – AI chip demand, China sales permit, and Meta agreement reflected on AMD, focus of the market.
• Trump’s tariff comments: “Unfortunately,” he said, more customs duties may come without Congress, and geopolitical risks like US-Iran tension support safe-haven assets and energy.
• Eurozone data: German Q4 GDP final expected at +0.3%, Eurozone January CPI final expected at +1.7%, GfK Consumer Confidence.
• Others: HSBC’s annual profit fell 7.4% but exceeded expectations; oil rose 1% on Iran risk.
Summary of the overall situation:
Markets are in recovery mode after concerns about AI disruption and tariff uncertainty. Technology and small-cap stocks are in the lead, gold/silver are strong, and cryptocurrencies also rose in line with risk appetite. Volatility is high, but yesterday’s sell-offs were partially recovered. Nvidia and Trump’s statements will set the tone for the day.
“📊 February 25, 2026 Market Summary – How did we start the day?
🔸 Gold: Spot $5,205 +0.56%. Safe-haven demand is strong due to tariff uncertainty and US-Iran tension. Near a 3-week high, geopolitical risks continue to support.
🔸 Silver: $89.50 +2.28%. Industrial demand + moves parallel to gold, best performance in two weeks.
🔸 Crypto: Bitcoin $65,438 +3.70%, Ethereum +4.26%. Recovered after yesterday’s dip to 63k, risk appetite returning, but Nvidia and macro data are critical.
🔸 US Markets: Yesterday, Dow +0.76% to 49,174, S&P +0.77% to 6,890, Nasdaq +1.04% to 22,863, showing a strong recovery. Futures today are slightly positive +0.05-0.12%. Nvidia earnings after close today and Trump’s tariff comments are being watched. Fear of AI has decreased, rotation is shifting to small-cap stocks.
🔸 Borsa Istanbul: Yesterday, BIST 100 closed at 14,050, down 0.08%. Opening at 10:00 today. We expect parallel movement with global recovery and TL side, with defense and banking stocks in the lead.
General:
Risk appetite is balancing, tech and commodities are shining. Volatility will continue, Nvidia + Trump’s speech will guide the day. Review your positions, stop-loss conditions!
( Gold ) Nvidia ( Nasdaq #spx500