Monthly Archives: February 2026
Kashkari says crypto is utterly useless, while expecting resilient jobs and AI-led productivity gains soon
Written on February 20, 2026 at 6:41 am, by
Kashkari says labour market remains resilient, warns on Fed independence, sees AI gains, calls crypto useless.
The US EIA reported natural gas storage fell 144B, exceeding expectations for a 146B drop
Written on February 20, 2026 at 6:41 am, by
EIA data showed natural gas storage fell 144B, a 2B smaller draw than the forecast 146B.
In February, Eurozone consumer confidence fell to -12.2, under forecasts of -11.8, disappointing economists
Written on February 20, 2026 at 6:12 am, by
Eurozone consumer confidence slipped to -12.2 in February, missing forecasts of -11.8, signaling weaker sentiment.
Rabobank’s Michael Every says America’s Maritime Action Plan shifts trade towards bloc-based neomercantilism from rules-based free trade
Written on February 20, 2026 at 6:11 am, by
US Maritime Action Plan signals bloc-led neomercantilism, targeting China shipbuilding; port fees and tariffs risk fragmented supply chains.
US pending home sales fell 0.4% year-on-year in January, improving versus the previous 3% decline
Written on February 20, 2026 at 5:41 am, by
Pending U.S. home sales slipped 0.4% annually in January, improving from December’s steeper 3% decline.
US pending home sales fell 0.8% month-on-month, missing forecasts of 1.3% for January
Written on February 20, 2026 at 5:41 am, by
US pending home sales slipped 0.8% in January, missing forecasts for a 1.3% rise, signaling softness.
TD Securities expects Eurozone PMIs to show France rebounding in services and Germany’s manufacturing improving, defence-backed
Written on February 20, 2026 at 5:12 am, by
Eurozone PMIs show cautious France, Germany recovery, but both remain below 50; budgets, defence aid.
Gold trades flat below $5,000, constrained by a firm US Dollar, Fed hawkishness, and geopolitical tensions
Written on February 20, 2026 at 5:11 am, by
Gold hovered near $5,000 as strong US data lifted the dollar, while geopolitical tensions supported prices.
US indices avoided an early plunge, then reversed lower into close; he cautioned clients about QQQ 608 premarket
Written on February 20, 2026 at 4:42 am, by
S&P 500 and Nasdaq dipped after opening; QQQ eyed 608, volatility rose, short NDX call noted.
EUR/USD hits a four-week low as firm US data reduces rate-cut hopes, boosting the Dollar
Written on February 20, 2026 at 4:41 am, by
EUR/USD slid to January lows near 1.1748 as stronger US data reduced rate-cut expectations.
