<p>U.S. February PPI far exceeded expectations, Powell sent hawkish signals, with stocks, bonds, and gold all falling; the three major indices each dropped over 1.3%; Bitcoin fell over 3%, dropping back to around $71,000; energy surged, with WTI crude oil rising 4%, Brent crude soaring 7%, and natural gas increasing over 5%</p>

- The market overview highlights significant impacts from conflict in the Middle East, with U.S. PPI for February surpassing expectations and Powell signaling a hawkish stance.  
- U.S. stock indices fell sharply, with the S&P 500 down 1.4% to a new low since November, while energy stocks and the dollar rose.  
- The article notes rising inflation pressures, driven by energy supply disruptions and geopolitical tensions, leading to a 61%-71% drop in Middle Eastern oil exports.

Breakfast | US February PPI far exceeds expectations, Powell sends hawkish signals, stocks, bonds, and gold all decline