Monthly Archives: February 2026
Deutsche Bank’s Raja says UK labour weakness supports BoE rate cuts as slack rises, unemployment climbs

Written on February 17, 2026 at 8:13 pm, by
UK labour market stays weak: payrolled staff fall fifth month, unemployment up; Deutsche Bank expects two BoE cuts.
BNP Paribas expects 2026 Eurozone growth of 1.6%, helped by Germany’s stimulus and defence spending, inflation <2%

Written on February 17, 2026 at 8:12 pm, by
BNP Paribas sees Eurozone growth steady in 2026, inflation subdued, euro strengthening, and ECB hikes in 2027.
After UK jobs data weakened, GBP/JPY dropped 0.85% to around 207.50 amid heavy selling pressure

Written on February 17, 2026 at 7:42 pm, by
GBP/JPY slips to 207.50 after weak UK jobs data boosts BoE cut bets; yen firmer.
WTI trades above $63 as quiet markets ease, while traders watch US-Iran talks and rangebound pricing
Written on February 17, 2026 at 7:41 pm, by
Oil prices slipped in quiet trade, staying within February range; focus on US-Iran talks, OPEC+ output.
Danske now expects Fed cuts in June and September, holding rates at 3.00–3.25% through 2026–2027

Written on February 17, 2026 at 7:12 pm, by
Danske Research now expects Fed cuts in June and September; rates held 3.00–3.25% through 2027.
FXStreet data shows Malaysia’s gold price is falling today after corrections were made to Tuesday’s figures

Written on February 17, 2026 at 7:11 pm, by
Gold prices in Malaysia fell Tuesday, with FXStreet reporting lower per gram and tola rates.
Sterling slid beneath 1.3600 versus the dollar, hitting 1.3570 after disappointing UK labour figures emerged

Written on February 17, 2026 at 6:43 pm, by
GBP/USD dipped below 1.3600 after UK jobs data showed rising unemployment, weaker wage growth, boosting rate-cut bets.
Following weak UK employment data, EUR/GBP rises towards 0.8725, as sterling weakens and rate-cut bets increase

Written on February 17, 2026 at 6:41 pm, by
EUR/GBP climbed to 0.8725 after weak UK jobs data boosted BoE cut bets; euro steady.
Magna International beat forecasts with Q4 2025 adjusted EPS of $2.18, up from $1.69, and increased dividends
Written on February 17, 2026 at 6:12 pm, by
Magna Q4 2025 beats estimates, sales rise; segments mixed, dividend boosted; 2026 outlook guides higher.
Following the US holiday weekend, markets adopt a cautious stance as investors assess fresh economic developments

Written on February 17, 2026 at 6:11 pm, by
Markets reopened cautiously post-holiday; key data includes ZEW, ADP, Canada CPI, while USD steadied, yields fell.