Monthly Archives: February 2026
December’s US goods and services trade balance missed forecasts, recording a $70.3B deficit versus $55.5B expected
Written on February 19, 2026 at 11:42 pm, by
December U.S. trade balance fell to -$70.3B, wider than expectations of a -$55.5B deficit.
Danske Bank says the BoE held rates, but weaker UK data suggests a more dovish stance ahead
Written on February 19, 2026 at 11:41 pm, by
Bank of England holds rate at 3.75% amid dissent; weak data signals cuts; Danske sees two more.
Russia’s central bank reserves increased to $806.1 billion, rising from the previous level of $797.5 billion
Written on February 19, 2026 at 11:12 pm, by
Russia’s central bank reserves climbed $8.6 billion, reaching $806.1 billion from $797.5 billion.
TD Securities’ strategy team expects January UK retail sales to cool and PMIs to ease somewhat
Written on February 19, 2026 at 11:11 pm, by
TD Securities sees UK January retail sales slowing to 0.1%, with PMIs easing after budget boost fades.
Driven by hawkish Fed messaging, USD/CHF rebounds near 0.7750 as the Swiss Franc slips despite data
Written on February 19, 2026 at 10:42 pm, by
USD/CHF rose near 0.7750 as dollar strengthened; Swiss surplus widened, output fell; Fed minutes signaled cautious outlook.
Bob Savage says oil’s rising prices now align less with the dollar, amid net selling flows
Written on February 19, 2026 at 10:41 pm, by
BNY says oil’s rally above $70 hasn’t strengthened the dollar, signaling a weakening oil–USD relationship.
Spain’s three-year bond auction yield falls to 2.273%, down from the prior 2.341% reading
Written on February 19, 2026 at 10:12 pm, by
Spain’s three-year bond auction yield fell to 2.273% from 2.341%, signaling cheaper borrowing costs for Spain.
Eurozone year-on-year construction output, adjusted for working days, slipped to -0.9% from -0.8%
Written on February 19, 2026 at 10:11 pm, by
Eurozone construction output, adjusted for working days, fell 0.9% year-on-year in December, worsening from 0.8%.
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.
