News/Event
Motiva Enterprises has bought a cargo of Venezuelan Boscan crude for delivery in March, sources said on Thursday.The purchase of Venezuelan Boscan is the first by Motiva, said two of the sources.The cargo was purchased from Chevron NYSE:CVX, one of the sources said.Motiva did not immediately respon…
By Lucia Mutikani The average rate on the popular U.S. 30-year fixed-rate mortgage fell below 6% this week for the first time in 3-1/2 years, but economists said the improvement was likely temporary and on its own insufficient to boost housing demand unless supply increased. The 30-year fixe…
The Federal Reserve cut interest rates three times in the second half of 2025. "Mortgage Rates Fall Below 6% for the First Time Since 2022," at 12 p.m. ET incorrectly said the three cuts occurred in the fourth quarter of the year.
The average rate on the popular U.S. 30-year fixed-rate mortgage dropped below 6% this week for the first time in nearly 3-1/2 years, which could help to improve housing affordability. The 30-year fixed mortgage rate averaged 5.98%, the lowest level since September 2022, from 6.01% last week, m…
By Nicole Friedman and Gina HeebMortgage rates fell below 6% this week for the first time in more than three years, welcome news for waves of house hunters heading into the busy spring home-buying season.The average rate for a 30-year fixed mortgage was 5.98% this week, the lowest level since Septe…
The U.S. International Trade Commission said on Thursday it would investigate the economic impact of revoking permanent normal trade relations treatment for all Chinese products over a six-year period.
The CAC 40 closed 0.7% higher at a record 8,621 on Thursday amid transformative energy acquisitions and record-breaking industrial earnings.Engie led the rise surging 7.2% after announcing a landmark £10.5 billion acquisition of UK Power Networks alongside a significant upward revision to its 2026…
USD/CHF recovers some ground on Thursday, rising some 0.19% as the Greenback appreciates and bounces off daily lows beneath 0.7700 on solid US data. At the time of writing, the pair trades at 0.7743, yet it remains shy of the key resistance level seen at 0.7817, the February 2 daily peak.
Urals crude differentials held steady in muted trade, while traders eye further discounting of the grade to dated Brent, as Russia diverts its exports from India to China at wider discounts and higher freight costs, traders said on Thursday.Market participants anticipate discounts for Urals in Chin…
The Kansas City Fed’s Manufacturing Production Index surged to 10 in February 2026, rebounding from -2 in January, signaling renewed output growth.Future activity expectations edged higher, with employment outlooks also improving.Input and finished goods prices cooled moderately, suggesting easing…
European natural gas futures jumped more than 4% to above €32/MWh after Iranian state media said Tehran would not allow enriched uranium to leave the country, underscoring tensions in ongoing US-Iran nuclear talks in Geneva ahead of President Donald Trump’s deadline for a deal.While Omani mediators…
Federal Reserve (Fed) President of the Bank of Chicago, Austan Goolsbee, said interest rates can come down, but they don't want to front-load before inflation eases. He also added he wants the Fed to be careful in a Fox News Interview on Thursday.
ABN AMRO economists Jan-Paul van de Kerke and Max Raatjes report that stronger-than-expected Dutch GDP in Q4 2025 and solid momentum into 2026 have led them to upgrade growth forecasts.
By Lucia Mutikani The number of Americans filing new applications for jobless benefits increased slightly last week and the unemployment rate appeared to hold steady in February amid a stable labor market.The weekly jobless claims report from the Labor Department on Thursday suggested the labor…
US spot Bitcoin exchange-traded funds (ETFs) have finally snapped a grueling losing streak, but can this return of institutional capital sustain a climb back above $80,000?After visiting multi-week lows near $62,000, the Bitcoin price has staged a robust 8% recovery over the past 48 hours that has…
Silver price loses its bright on Thursday, moving in the opposite direction of Gold, which remains steady as the US Dollar recovers some ground and rises. Stronger than expected US jobs data, keeps the white metal pressured in the mid-North American session.
By Karen Brettell The Japanese yen rebounded on Thursday after the head of the Bank of Japan said the decision on whether to increase interest rates will be based on economic data, while overall movements in the market were subdued as traders waited for fresh catalysts.Bank of Japan Governor Kaz…
By Lucia Mutikani The number of Americans filing new applications for jobless benefits increased slightly last week and the unemployment rate appeared to hold steady in February amid a stable labor market.The weekly jobless claims report from the Labor Department on Thursday suggested the labor…
Nordea’s Group Chief Economist Helge J. Pedersen notes that Prime Minister Mette Frederiksen has called a Danish parliamentary election for Tuesday, March 24. The current three-party government of the Social Democrats, Venstre and the Moderates is unlikely to remain unchanged.
Gold prices stabilized around $5,170 per ounce, paring early session gains as markets weighed escalating US trade protectionism and Middle East geopolitical friction against a resilient dollar.Bullion found support after the administration invoked Section 122 to impose a 10% global tariff following…
The dollar trades steady, trimming earlier modest losses, after data showed U.S. jobless claims rose by less than expected last week. Jobless claims rose 4,000 to 212,000 in the week to February 21. Economists in a WSJ survey had expected slightly higher claims of 215,000. Labor-market data are bei…
The yield on the 10-year US Treasury note fell toward 4.03% on Thursday, the lowest in three months, amid robust demand for the safety of Treasuries and a higher preference for longer-maturity notes and bonds.Global markets pivoted to US Treasuries amid lingering uncertainty on US economic policy a…
Gold price stays firm on Thursday during the North American session as geopolitical tensions remain elevated despite the beginning of the third round of talks between the US and Iran in Geneva. Also, solid data from the US kept bullion prices contained.
AUD/USD trades with a negative bias on Thursday as broad-based US Dollar (USD) strength weighs on the Australian Dollar (AUD). At the time of writing, the pair is trading around 0.7078, down 0.60%.
Royal Bank of Canada TSX:RY:
United States 7-Year Note Auction dipped from previous 4.018% to 3.79%
ING analysts Frantisek Taborsky and David Havrlant say Czech fiscal policy has loosened only marginally after the election, with the public finance deficit seen at 2.2% of GDP in 2026 and risks tilted higher.
Gold edged higher on Thursday as uncertainty over US tariff policy, renewed geopolitical tension, and fresh US labour data supported safe-haven demand.A softer dollar added to gains, while investors digested weekly jobless claims figures and monitored developments in US-Iran nuclear talks taking pl…
The Mexican peso weakened past 17.2 per, easing from mid-2024 highs as fresh protectionist trade measures in the US and a deteriorating formal labor market eroded the currency yield advantage.The US invoked Section 122 to impose a 15% global import surcharge following a February 20 Supreme Court ru…
The dollar index was little changed at 97.7 on Thursday, hovering not far from the one-month highs reached last week, as investors continued to await fresh catalysts after concerns over President Trump’s trade policies eased, though uncertainty still lingers.Sentiment was also weighed down by worri…
By Paul HannonEurozone exporters continue to have greater difficulty finding overseas buyers, thanks in part to changeable policy in the U.S., European Central Bank President Christine Lagarde said Thursday.In a speech to lawmakers in the European Parliament, Lagarde said the eurozone economy grew…
By Jessica CoacciU.S. jobless claims rose last week but still showed no alarming signs for layoffs.The number of people who filed for unemployment benefits rose to 212,000 in the week through Feb. 21, up from 208,000 a week earlier, the Labor Department said Thursday. Economists surveyed by The Wal…
By Jessica CoacciU.S. jobless claims rose last week but still showed no alarming signs for layoffs.The number of people who filed for unemployment benefits rose to 212,000 in the week through Feb. 21, up from 208,000 a week earlier, the Labor Department said Thursday. Economists surveyed by The Wal…
By Matt GrossmanA Chicago Fed economic model estimates that U.S. unemployment held steady in February, suggesting the next jobs report might bring more evidence the labor market has stabilized.The model, which is based on an array of public- and private-sector data, projects that the unrounded unem…
President Trump delivered the longest State of the Union address in modern history, which was just under 1 hour and 48 minutes. He declared that America is “bigger, better, richer and stronger than ever before” and that “the roaring US economy is roaring like never before.”The US president says one…
Commerzbank analysts Charlie Lay and Moses Lim highlight that the US Supreme Court’s IEEPA ruling and a new US–India trade deal lower average US tariffs on Indian exports but keep trade uncertainty elevated. They warn that higher Oil prices and continued capital outflows could pressure the Rupee.
Initial jobless claims in the US inched higher by 4,000 from the previous week to 212,000 on the third week of February, below market expectations of 215,000 to remain firmly below averages from the last two years.Consistently, continuing claims, which serve as a proxy for outstanding unemployment…
Feb 26 (Reuters) - U.S. Labor Department report of initial state joblessbenefit claims, seasonally adjusted.Insured Unemployment Week Ended Initial Claims 4-Week Avg. Continued Claims rate (pct) 02/21/26 212,000 220…
The number of Americans filing new applications for jobless benefits increased marginally last week and the unemployment rate appeared to hold steady in February amid a stable labor market. Initial claims for state unemployment benefits rose 4,000 to a seasonally 212,000 for the week ended…
Average weekly earnings of non-farm payroll employees in Canada rose by 1.9% year-on-year to C$1,316 in December 2025, following a downwardly revised 2.3% advance in the prior month.The biggest gains were recorded in real estate and rental and leasing (7.7% to C$1,402); transportation and warehousi…
Feb 26 (Reuters) - For the U.S. Labor Department report of initial state jobless benefit claims, see:https://www.dol.gov/ui/data.pdf((Washington newsroom))
By Matt GrossmanA Chicago Fed economic model estimates that U.S. unemployment held steady in February, suggesting the next jobs report might bring more evidence the labor market has stabilized.The model, which is based on an array of public- and private-sector data, projects that the unrounded unem…
Russia will aim to keep its Urals crude oil exports steady in March by boosting shipments to China as India, a key buyer, cuts purchases following a trade deal with the U.S. Export options for seaborne Urals cargoes are set to narrow next month, with India expected to sharply reduce intake. Supp…
UOB’s Global Economics & Markets Research expects Bank of Korea to keep the base rate at 2.50% throughout 2026, after a sixth consecutive hold in February.
TD Securities analysts see Copper remaining well supported as a key beneficiary of the debasement and diversification trade. They argue that strategic stockpiling by major consumers, tariff concerns and a deep supply deficit will push Copper to new highs over the next six months.
The Dow Jones Industrial Average edged higher on Thursday, gaining around 60 points or 0.11% as defensive names offset a broad semiconductor sell-off sparked by Nvidia's post-earnings decline.
United States 4-Week Bill Auction: 3.625%
Rabobank’s energy strategists Joe DeLaura and Florence Schmit argue that global LNG markets, especially in Europe and Asia, would be pulled higher by Oil if Strait of Hormuz flows are threatened.
EUR/USD eases on Thursday, trimming earlier intraday gains as a firmer US Dollar (USD) weighs on the Euro (EUR). At the time of writing, the pair is trading around 1.1794, retreating from the daily high of 1.1829.
Artificial Intelligence (AI), blockchain technology and stablecoins are emerging as core pillars of a new global economic system, according to Circle’s CEO, Jeremy Allaire.
Scotiabank strategists Shaun Osborne and Eric Theoret note modest Japanese Yen gains versus the Dollar, noting outperformance within the G10 but only a partial recovery of recent BoJ‑related losses.
United States Kansas Fed Manufacturing Activity up to 10 in February from previous -2
Belgium’s annual inflation rose to 1.45% in February 2026 from an over two-year low of 1.10% in the prior month.Upward pressure came mostly from prices of health (6.47% vs 6.54% in January); restaurants & hotels (5.03% vs 4.83%); recreation, sport & culture (4.53% vs 3.59%); information & communica…
Spain’s seasonally adjusted industrial confidence indicator rose to -2.6 in February 2026, up from a revised -3.1 in January, marking its highest reading since September 2024.The improvement was driven by stronger expectations for future production (6.5 vs 1.6 in January), even as order books weake…
By Samuel Indyk Euro zone government bond yields steadied near multi-month lows after Nvidia’s results beat expectations, supporting risk appetite, with investors now awaiting inflation data from Germany, France and Spain on Friday.Stocks bounced in Asia and were rising for a third day in Europe…
Total credit extended to the Greek economy increased by 4.9% year-on-year in January 2026, compared with a downwardly revised 5.4% advance in the previous month.Credit to the private sector rose 7.6%, slowing from 7.9% in December.The monthly net flow of financing to the private sector was negative…
The Chinese yuan is soaring and beating the US dollar as the debasement trade gains steam. The FX_IDC:USDCNY exchange rate was trading at 6.8365, its lowest level since April 2023. It has dropped in the last 14 consecutive weeks, and is down by almost 7% from its highest level last year.Why the Chi…
The yield on the US 10-year Treasury note fell to around 4.04% on Thursday, trimming gains from the previous session as uncertainty over US tariffs bolstered demand for safe-haven debt.On Wednesday, US Trade Representative Jamieson Greer indicated that tariff rates for certain countries could rise…
Citi has launched the latest edition of its Global Perspectives & Solutions (Citi GPS) report titled: Supply Chain Financing – Durable Global Trade in the Age of AI. Its key findings show that global trade is undergoing a fundamental transformation, driven by tariff volatility, artificial intellige…
By David LawderThe International Monetary Fund on Wednesday called on the United States to reduce its growing fiscal deficit as the best way to bring down current account and trade deficits that it views as too large, sharing some concerns with the Trump administration.IMF Managing Director Kristal…
(MaceNews) – As their mid-March monetary policy meeting draws nearer, Federal Reserve policymakers are seemingly becoming more firmly ensconced in a wait-and-see posture, hoping for more statistical clarification of the progress they’re making toward the Fed’s dual mandate objectives of “maximum em…
The annual growth rate of lending to Swedish households rose to 3% in January 2026 from 2.9% in the previous month, marking the highest level since January 2023.Housing loans, which accounted for 83% of total household lending, also grew steadily at 2.9%, while consumer loans, representing around 6…
Staff WriterNews investments by operating oil companies in Kurdistan will boost crude exports via the Kirkuk-Ceyhan pipeline following an agreement to reopen the facility, the head of Iraq’s state oil marketing firm said.Kurdistan now exports around 200,000 barrels per day (bpd) via the pipeline an…
Sterling fell to $1.35 as voters headed to the polls in a pivotal UK by-election that could carry implications for Prime Minister Keir Starmer.The vote in the Gorton and Denton constituency was triggered by the resignation of former Labour minister Andrew Gwynne.A loss for the ruling Labour Party w…
Swedish consumer confidence rose in February to 96.3 from marginally revised 95.0 points the previous month, data from the National Institute of Economic Research (NIER) showed on Thursday.Overall sentiment, which also includes industry, construction and retailers, decreased to 100.1 points compare…
Euro zone government bond yields steadied near multi‑month lows after Nvidia’s results beat expectations, supporting risk appetite, with investors now awaiting inflation data from Germany, France and Spain on Friday.Stocks bounced in Asia and were about to open broadly unchanged in Europe, but conc…
The Australian dollar appreciated to around $0.713 on Thursday, hitting its highest level since early August 2022 amid mounting bets of another rate hike.Markets are pricing in roughly an 80% probability that the Reserve Bank will lift its 3.85% cash rate in May after January inflation surprised on…
The dollar index slipped to around 97.5 on Thursday, extending losses for a second consecutive session as uncertainty over US tariffs dampened confidence in the reserve currency.On Wednesday, US Trade Representative Jamieson Greer announced that the US tariff rate for certain countries could rise t…
The South Korean Won touched 1423.00 against the USD, the highest since January 2026.Over the past 4 weeks, US Dollar South Korean Won lost 1.24%, and in the last 12 months, it decreased 0.52%.
Hong Kong shares fell 168 points, or 0.6%, to 26,602 in Thursday morning trade, reversing the prior day’s gains as mainland stocks retreated and traders cautiously awaited February PMI data for February, due next week.Meanwhile, U.S. futures slipped after Wall Street’s strength overnight, with sent…
New Zealand stocks rose 74 points, or 0.6%, to 13,600 in Thursday morning trade, rebounding from a muted prior session.The benchmark hit a five-week peak, buoyed by Wall Street’s tech-driven rally as concerns over AI disruption eased.Gains were capped, however, after U.S. President Trump warned aga…
By Paul Hannon and Edith HancockEurozone exporters continue to have greater difficulty finding overseas buyers, thanks in part to changeable policy in the U.S., European Central Bank President Christine Lagarde said Thursday.In a speech to lawmakers in the European Parliament, Lagarde said the euro…
Industrial production in Cyprus grew 3.5% year-on-year in December 2025, following a downwardly revised 7.7% increase in the previous month.This was the weakest growth since August. Manufacturing output slowed down (4.6% vs 8.7% in November), weighed down by declines in the manufacture of other non…
Eurozone M3 money supply rose 3.3% year-on-year to €17,344.7 billion in January 2026, up from 2.8% in December and surpassing market expectations of 2.9%.The narrower M1 aggregate, which includes currency in circulation and overnight deposits, rose 5.3% annually, up from 4.7% in December.In contras…
Malta’s economy expanded by 6.4% year-on-year in the fourth quarter of 2025, accelerating from an upwardly revised 3.8% growth in the previous quarter.This marked the strongest pace of expansion since Q2 2024, primarily driven by domestic demand, which contributed 3.2 percentage points to GDP, supp…
Silver fell toward $87 per ounce on Thursday, retreating from a three-week high of $91.3 touched on Wednesday, as investors weighed upcoming US-Iran nuclear talks and signs that US interest rates could remain on hold for some time.Despite the pullback, the metal is up over 3% for the week, supporte…
Producer prices in Croatia decreased by 1.2% year-on-year in January 2026, after a 0.1% rise in the previous month.This marked the first decline in producer prices since April 2025, due to lower prices in mining and quarrying (-16.0% vs -11.8% in December), manufacturing (-0.6% vs 0.3%), and electr…
By Paul Hannon and Edith HancockEurozone exporters continue to have greater difficulty finding overseas buyers, thanks in part to changeable policy in the U.S., European Central Bank President Christine Lagarde said Thursday.In a speech to lawmakers in the European Parliament, Lagarde said the euro…
The index measuring services confidence in the Euro Area fell by 1.8 points from the previous month to 5 in February of 2026, firmly below market expectations that it would improve to 7.5, to mark the lowest magnitude of confidence in four months.Firms dimmed their expectations on the evolution of…
Bank lending to households in the Eurozone rose 3% year-on-year to €7.156 trillion in January 2026, below market expectations of 3.1%.The increase reflects a continued recovery in credit demand, supported by the European Central Bank’s recent policy easing.Lending to businesses decreased to 2.8% in…
The internet was in splits, but the laughter carried an edge.On February 17, 2026, at Bharat Mandapam, India’s marquee convention venue, a Galgotias University professor told a DD News camera that her university had built “Orion,” a sleek four-legged robodog, as part of a ₹350-crore AI Centre of Ex…
By Paul HannonEurozone exporters continue to have greater difficulty finding overseas buyers, thanks in part to changeable policy in the U.S., European Central Bank President Christine Lagarde said Thursday.In a speech to lawmakers in the European Parliament, Lagarde said the eurozone economy grew…
Macau’s trade deficit widened sharply to MOP 11.7 billion in January 2026 from MOP 9.4 billion in the corresponding month of the previous year.Imports climbed 24.6% year-on-year to MOP 13.2 billion, driven by higher purchases of raw materials and semi-manufactured products (+104.6%), capital goods…
By Xavier MartinezInvestors await consumer-confidence and inflation data, plus earnings from Dell and Berkshire Hathaway.TodayTomorrowSaturday, Feb. 28This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
Finland’s manufacturing confidence improved to 3 in February 2026 from a revised reading of 0 in the previous month, moving slightly above its long-term average level of 0.Production expectations remained favourable, pointing to continued output growth in the coming months.Order books strengthened…
0608 GMT - The Bank of Korea is expected to resume rate increases in 2027, ING senior economist Min Joo Kang writes in a note. However, tightening could begin earlier--possibly in 4Q of 2026--if growth and inflation accelerate at a stronger-than-expected pace in South Korea, Kang says. ING expects…
The offshore yuan strengthened to around 6.83 per dollar on Thursday, extending its rally to a fourth straight session and reaching a new high since April 2023, as the greenback remained on the back foot.The US dollar stayed under pressure amid lingering uncertainty over Washington’s tariff policie…
The New Zealand dollar rose past $0.60 on Thursday, marking a third consecutive session of gains, benefitting from a softer US dollar.The greenback came under pressure amid renewed uncertainty over US trade policy, with President Trump reiterating his resolve to impose tariffs after the Supreme Cou…
Australia’s 10-year government bond yield fell to around 4.69% on Thursday after a two-day rise, despite growing expectations of further monetary tightening.Traders are now pricing in an 80% probability of a 25-basis-point rate hike in May, following stronger-than-expected inflation data for Januar…
By Don Nico ForbesConfidence among firms in the eurozone slipped in February, with the outlook remaining hampered amid elevated trade uncertainty.The European Commission said Thursday that its Economic Sentiment Indicator--which measures attitudes of businesses across multiple sectors of the econom…
Retail sales in Slovenia fell by 1.5% year-on-year in January 2026, reversing the 2.4% gain recorded in the previous month.Sales declined for food, beverages, and tobacco (-1.4% vs 1.8% in December), while activity in motor fuel sales at specialized stores contracted sharply (-9.2% vs 0.5%).Sales o…
Turkey’s trade deficit widened to USD 8.4 billion in January 2026 from USD 7.5 billion in the same month last year, confirming preliminary estimates from the Trade Ministry.Exports dropped 4.1% year-on-year to USD 20.3 billion, weighed down by lower manufacturing shipments (-4.7%), partly offset by…
Saudi Arabia’s trade surplus increased to SAR 13.0 billion in December 2025 from SAR 12.2 billion in the same month a year earlier, as exports rose more than imports.Outbound shipments rose 3% year-on-year to SAR 97.2 billion, supported mainly by higher shipments, which posted a modest gain of 1% a…
The Chinese yuan is soaring and beating the US dollar as the debasement trade gains steam. The FX_IDC:USDCNY exchange rate was trading at 6.8365, its lowest level since April 2023. It has dropped in the last 14 consecutive weeks, and is down by almost 7% from its highest level last year.Why the Chi…
Euro area consumer confidence was confirmed at -12.2 in February 2026, the highest reading since November 2024, up from -12.4 in the prior month.In the broader European Union, consumer sentiment stood at -11.7, hovering one-year highs, in line with the preliminary estimate.
By Andrea Shalal The Trump administration is halting a certain amount of Medicaid funding to Minnesota amid concerns about theft of federal funds intended for social-welfare programs in the state, U.S. Vice President JD Vance said on Wednesday.Centers for Medicare & Medicaid Services Administrat…
The Eurozone Economic Sentiment Indicator (ESI) fell to 98.3 in February 2026, down from a three-year high of 99.3 in January and below market expectations of 99.8.Sentiment weakened among manufacturers (-7.1 vs -6.8), service providers (5.0 vs 6.8), and construction firms (-2.1 vs -1.3).Consumer c…
The International Monetary Fund said on Wednesday the U.S. current account deficit is too big, but the best way to reduce it is by shrinking the U.S. fiscal deficit.
The Kremlin on Thursday said a sharp fall in revenues from energy sales and a growing budget deficit were "routine difficulties" which could be fixed thanks to overall macroeconomic stability. Kremlin spokesman Dmitry Peskov was commenting on a meeting which President Vladimir Putin held with top g…
The euro held just below $1.18 as investors awaited Friday’s inflation data for insight into how euro strength could affect price pressures and the European Central Bank’s policy stance.Money markets currently price in only a 30% chance of an ECB rate cut by December, reflecting expectations that t…
New Zealand’s ANZ Business Outlook Index eased to 59.2 in February 2026 from 64.1 in the prior month, the lowest since last October, though sentiment remained solidly positive.Forward indicators softened, including export intentions (19.0 vs 20.4 in January), profit expectations (31.8 vs 32.9), pri…
The Australian Bureau of Statistics will republish its monthly inflation data for January on Friday, after finding a problem with how some elements of the report were measured. None of the headline CPI figures are affected, the ABS says. This includes the headline measure of inflation, trimmed mean…
Finland’s consumer confidence declined to -10.5 in February 2026 from -8.7 in the previous month, marking its lowest level since April 2024 and moving further below the long-term average of -2.8.Households’ assessments of their own finances continued to weaken (-5.5 vs -3 in January), alongside inc…
Sweden’s Economic Tendency Indicator declined to 100.1 in February 2026, the lowest level since late October, down from 102.9 in January.Manufacturing softened mainly due to subdued production plans that fell below historical averages, although relatively low finished-goods inventories provided som…
European equity markets were on track to open lower on Thursday as investors balanced lingering concerns about an overheating AI trade, while upbeat earnings from Nvidia drew only a muted market reaction.Trade-related uncertainty also weighed on sentiment after US Trade Representative Jamieson Gree…
Italy’s 10-year BTP yield hovered just above 3.3%, near its lowest level in over a year, as investors awaited Friday’s inflation reports from Europe’s largest economies for insight into how euro strength could influence price pressures and the European Central Bank’s policy outlook.Speaking to a Eu…
France’s 10-year OAT yield held just above 3.25%, after sliding to its lowest level since July 2025, as investors awaited Friday’s inflation report for clues on how euro strength might affect price pressures and the European Central Bank’s policy path.OATs have outperformed recently, supported by t…
Iceland’s annual inflation rate rose to 5.2% in February 2026, matching the previous month’s peak, which was the highest level since September 2024.Prices increased for recreation and culture (3.6% vs 3.4% in January), restaurants and accommodation services (6.2% vs 6%), health (4.5% vs 3.5%), clot…
Shares of The Trade Desk fell more than 15% in extended trading on Wednesday after the advertising-technology firm projected first-quarter revenue below Wall Street expectations, intensifying concerns over a sharp slowdown in growth.The company forecast revenue of at least $678 million for the curr…
Shares of The Trade Desk fell more than 17% in premarket trading on Thursday after the advertising-technology firm projected first-quarter revenue below Wall Street expectations, intensifying concerns over a sharp slowdown in growth.The company forecast revenue of at least $678 million for the curr…
Germany’s 10-year Bund yield stabilized just above 2.7%, following a recent slide to its lowest level since late November, as investors awaited Friday’s inflation data for guidance on how euro strength could impact price pressures and the European Central Bank’s policy outlook.Speaking to a Europea…
Total new capital expenditure in Australia rose 0.4% qoq in Q4 2025, slowing sharply from a 6.4% growth in Q3 but beating market expectations for flat growth.Investment in buildings and infrastructure continued to grow (2.3% vs 2.3% in Q3), helped by large-scale projects in utilities, rental, hirin…
Private new capital expenditure on buildings and structures in Australia increased 2.3% quarter-on-quarter in the three months to December 2025, quickening from a 2.1% rise in Q3 and marking the strongest expansion since Q2 2023.By industry, spending on buildings and structures posted the largest g…
Producer prices in Finland rose by 1.9% year-on-year in January 2026, rebounding from a 0.8% fall in the previous month.This marked the largest increase in producer prices since March 2023, as deflation softed for manufactured products (-0.5% vs -0.9% in December 2025), driven by higher prices in b…
The Economic Confidence Index rose to 100.7 in February 2026 from 99.4 in each of the previous two months, marking the highest level since March 2025.Retail trade confidence showed a more pronounced improvement, climbing to 115.9 from 112.6 in January.The consumer confidence index also improved, up…
Slovakia’s consumer confidence indicator rose to -25 in February 2026 from -26.7 in the previous month, though it remained 5.1 points below its long-term average.Sentiment improved as households took a less pessimistic view of the general economic outlook (-38.2 vs -42.6 in January) and their savin…
The CAC 40 rose 0.3% to 8,591 on Thursday, marking its third consecutive session of gains and setting a fresh record high, as market sentiment remained upbeat amid a new wave of corporate earnings.Notably, Schneider Electric climbed 2.6% after reporting revenue that exceeded market expectations for…
The Chinese Yuan touched 6.85 against the USD, the highest since April 2023.Over the past 4 weeks, US Dollar Chinese Yuan lost 1.18%, and in the last 12 months, it decreased 6.16%.
Private new capital expenditure on equipment, plant, and machinery in Australia fell 1.7% qoq in Q4 2025, reversing a marginally revised 11.2% surge in Q3 and marking the first contraction in three quarters.The pullback suggests some normalization after the previous quarter’s strong spike in invest…
The Kremlin on Thursday said a sharp fall in revenues from energy sales and a growing budget deficit were "routine difficulties" which could be fixed thanks to overall macroeconomic stability. Kremlin spokesman Dmitry Peskov was commenting on a meeting between President Vladimir Putin and top gover…
The consumer confidence index in Italy rose to 97.4 in February 2026 from 96.8 in the previous month, slightly exceeding market expectations of 97.2.It marked the highest reading since October 2025, as all components of the index improved except for assessments (judgments and expectations) of the p…
By Paul HannonEurozone exporters continue to have greater difficulty finding overseas buyers, thanks in part to changeable policy in the U.S., European Central Bank President Christine Lagarde said Thursday.In a speech to lawmakers in the European Parliament, Lagarde said the eurozone economy grew…
By Jennifer Rigby, Chris Mfula and Olivia Kumwenda-Mtambo Zambia has pushed back on part of a deal worth more than $1 billion in global health aid from the United States because it does not align with the country’s interests, the government said on Wednesday, as health advocates warned the deal…
The Eurozone industrial confidence indicator fell to -7.1 in February 2026, slightly down from January’s near three-year high of -6.8 and below market expectations of -6.1.The decline was driven by a weaker assessment of finished goods stocks, partly offset by improved order book evaluations and la…
West Texas Intermediate (WTI) US Oil trades around $65.40 per barrel on Thursday at the time of writing, little changed on the day, after two consecutive days of losses.
United States EIA Natural Gas Storage Change rose from previous -144B to -52B in February 20
The Canadian Dollar (CAD) pares earlier gains against the US Dollar (USD) on Thursday as the Greenback shrugs off its intraday weakness. At the time of writing, USD/CAD trades at 1.3704, rebounding from the daily low around 1.3650.
TD Securities argues US political dynamics will shape Dollar and EMFX performance into 2026.
Standard Chartered economists Christopher Graham and Saabir Salad argue that stronger UK activity data in early 2026 raises questions about how quickly the Bank of England will cut rates.
Federal Reserve (Fed) Governor Stephen Miran said that he has not seen anything worrisome yet in private credit despite some bumps, and added that prices right now seem stable, in an interview with Fox Business on Thursday.
BNY’s Head of Markets Macro Strategy Bob Savage flags AUD/USD as another Dollar-positive rebalancing candidate. While AUD has seen mostly net buying since late January, inflows have been light and positioning less stretched than in other carry or hard-asset currencies.
Commerzbank’s Dr. Marco Wagner introduces a new financial impulse indicator based on the Fed's FCI-G indicator that signals how strongly the financial environment is driving or slowing down the economy.
USD/CHF trades around 0.7740 on Thursday at the time of writing, up 0.15% on the day, snapping a series of consecutive losses. The pair is supported by a modest rebound in the US Dollar (USD), although the broader backdrop remains characterized by strong demand for safe-haven assets.
Deutsche Bank’s Sanjay Raja expects the UK Spring Statement on 3 March to be a low-key update, with few new policy measures after the Autumn Budget. The Office for Budget Responsibility will refresh forecasts, with borrowing projected to undershoot and fiscal headroom to rise.
There were 212K Initial Jobless Claims in the week ending February 21, the US Department of Labor (DOL) reported on Thursday. This print followed 208K (revised from 206K) recorded in the previous week and came in slightly better than the market expectation of 215K.
OCBC strategists Sim Moh Siong and Christopher Wong note that dovish-leaning Bank of Japan nominees have reinforced concerns that policy normalisation may lag, weighing on the Japanese Yen even as it remains fundamentally undervalued.
Commerzbank’s Charlie Lay and Moses Lim expect the Reserve Bank of India to keep the policy repo rate at 5.25% as inflation remains contained within the 2–6% target band and growth stays above 7.4%.
BNY’s Head of Markets Macro Strategy Bob Savage reports that Christine Lagarde told the European Parliament the Euro area outlook is highly uncertain, with growth supported by real incomes and investment but weighed by tariffs, a stronger Euro and geopolitics.