Macro outlook for next week: US Israel collaboration detonates' Middle East powder keg ', non farm payroll data released on Friday BlockBeats News: On February 28th, the US Iran conflict completely erupted today, and next week, the geopolitical tension between the US and Iran will be full of variables. The global market will move forward in a highly uncertain and safe haven atmosphere. Analysts point out that Iran's retaliatory measures may include not only direct missile strikes, but also the laying of mines in the Strait of Hormuz - the throat of global oil trade that accounted for 30% of the world's maritime oil trade last year. However, analysts believe that considering the economic impact of major oil importing countries, Iran may be more inclined to command proxies such as Houthi militants or Iraqi Shia militias to launch precise strikes on energy infrastructure or US diplomatic institutions in the region. Apart from the geopolitical situation, the main macro events next week are as follows: On Monday at 22:45, the final value of the S&P Global Manufacturing PMI for February in the United States; Monday 23:00, February ISM Manufacturing PMI in the United States. On Tuesday at 22:55, FOMC permanent voting committee member and New York Fed Chairman Williams delivered a speech. On Wednesday at 00:55, Kashkari, the chairman of the Minneapolis Fed and a member of the 2026 FOMC voting committee, delivered a speech; At 03:00 on Thursday, the Federal Reserve released its economic status brown book; Wednesday 21:15, ADP employment figures for February in the United States; On Wednesday at 22:45, the final value of the S&P Global Services PMI for February in the United States; Wednesday 23:00, February ISM Non Manufacturing PMI in the United States. At 20:30 on Thursday, the number of layoffs by challenger companies in February in the United States; On Thursday at 21:30, the number of initial jobless claims and the monthly rate of the US January Import Price Index for the week ending February 28th; Thursday 23:00, Global Supply Chain Stress Index for February in the United States. At 21:30 on Friday, the February unemployment rate, seasonally adjusted non farm payroll for February, and January retail sales rate in the United States.