Monthly Archives: February 2026
Eurozone construction output rose 0.9% month-on-month in December, recovering from a previous 1.1% fall
Written on February 19, 2026 at 9:42 pm, by
Eurozone construction output rose 0.9% in December, rebounding from November’s 1.1% decline on a seasonally adjusted basis.
ING’s Warren Patterson and Ewa Manthey say Brent rises on Iran tensions and Gulf supply risks
Written on February 19, 2026 at 9:41 pm, by
Brent oil climbed above $70 as Iran conflict fears threatened Hormuz flows; backwardation signals tighter market conditions.
Spain’s five-year bond auction yield climbed to 2.577%, up from the prior 2.512%, market update
Written on February 19, 2026 at 9:12 pm, by
Spain’s 5-year bond auction yield climbed to 2.577%, up from 2.512%, a 6.5-basis-point increase.
Spain’s 10-year Obligaciones auction yield dips to 3.167%, down from the prior 3.223% level
Written on February 19, 2026 at 9:11 pm, by
Spain auctions 10-year obligaciones; yield fell to 3.167% from 3.223%, down 0.056 percentage points.
Under current rules, Schleich and Currie say the Fed has little room to shrink its $6.5tn balance sheet further
Written on February 19, 2026 at 8:42 pm, by
Fed has little room for further balance-sheet cuts; reserve regulations constrain QT, favoring small reinvestment tweaks.
Forecasts were exceeded as the Eurozone’s seasonally adjusted current account reached €14.6B in December
Written on February 19, 2026 at 8:12 pm, by
Eurozone December current account surplus rose to €14.6bn, beating the €9.2bn forecast on a seasonally adjusted basis.
Eurozone’s non-seasonally adjusted current account rose to €34.6B in December, from €12.6B previously
Written on February 19, 2026 at 8:11 pm, by
Eurozone current account surplus rose to €34.6B in December from €12.6B, exceeding earlier estimates.
Markets monitor geopolitics closely while the US dollar steadies, holding on to gains from earlier week
Written on February 19, 2026 at 7:42 pm, by
Dollar jumps after hawkish Fed minutes; markets eye US data and Iran tensions; AUD, NZD rebound; euro falls.
Bank Indonesia’s policy rate matches expectations, remaining unchanged at 4.75%, according to market forecasts
Written on February 19, 2026 at 7:41 pm, by
Bank Indonesia holds policy rate at 4.75%, matching forecasts, keeping monetary stance unchanged and borrowing costs steady.
Deutsche Bank’s Sanjay Raja expects UK inflation to unsettle the BoE, as services/core CPI exceed forecasts
Written on February 19, 2026 at 7:12 pm, by
Deutsche Bank says UK inflation beat forecasts, complicating BoE cuts; March uncertain, but two cuts expected.
