Monthly Archives: February 2026
Italy’s EU trade deficit widens to €2.447B, deteriorating from the previous €1.959B reading

Written on February 17, 2026 at 9:11 pm, by
Italy’s EU trade deficit widened to €2.447B in December, worsening from €1.959B previously, reflecting imports exceeding exports.
MUFG’s Derek Halpenny notes improved JGBs easing fiscal worries; risk-off prevails, yen leads G10 amid lower yields

Written on February 17, 2026 at 8:43 pm, by
Risk-off markets lifted yen on JGB gains; equities, yields, gold and silver fell amid easing Japan fiscal worries.
Traders monitor FOMC minutes as the Dollar Index maintains strength above 97.00, near 97.20 in Europe

Written on February 17, 2026 at 8:41 pm, by
DXY held above 97 as markets awaited FOMC minutes, with rate-cut bets rising before key data.
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.