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Eurozone PMIs: Cautious recovery signs – TD Securities
TD Securities’ Global Strategy Team looks for Eurozone PMIs to signal a cautious recovery in France and Germany. They see January’s weakness in French Services as overdone and expect a rebound, while German Manufacturing PMI is projected to edge higher, supported by defence procurement.
Fxstreet
Thu, Feb 19
US trade deficit widens sharply in December; goods trade gap highest on record in 2025
WASHINGTON, Feb 19 (Reuters) - The U.S. trade deficit widened sharply in December amid a surge in imports, and the goods shortfall in 2025 was the highest on record despite President Donald Trump's tariffs on foreign manufactured merchandise.The trade gap ballooned 32.6% to $70.3 billion, the Co...Reuters
Thu, Feb 19
Canada: Home sales slump amid trade uncertainty – NBC
National Bank Of Canada's (NBC) Daren King reports a 5.8% monthly drop in Canadian home sales in January, the third straight decline and broad-based across all provinces. He links the weakness to renewed trade uncertainty despite Bank of Canada rate cuts.Fxstreet
Thu, Feb 19
US weekly jobless claims fall more than expected amid labor market stability
WASHINGTON, Feb 19 (Reuters) - The number of Americans filing new applications for unemployment benefits fell more than expected last week, consistent with a stabilizing labor market. Initial claims for state unemployment benefits dropped 23,000 to a seasonally adjusted 206,0000 for the week ended ...Reuters
Thu, Feb 19
BoE: Holds but signals further easing – Danske Bank
Danske Bank analysts Kirstine Kundby-Nielsen and Jens Peter Sørensen note the growing weakness in the British economy, with higher unemployment, slower wage growth and subdued overall activity prompting the Bank of England to lean more dovish.Fxstreet
Thu, Feb 19
US unsecured loan balances hit record high on demand from subprime customers
Subprime clients using loans to consolidate debt, manage living costsCredit card balances rise 4% as issuers focus on riskier clientsTransUnion forecasts slower growth in new credit for 2026By Tatiana BautzerNEW YORK, Feb 19 (Reuters) - Robust demand from subprime customers spurred growth in U.S. un...Reuters
Thu, Feb 19
