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Fed’s Schmid: Politics do not enter Fed policy debates
Federal Reserve (Fed) President of the Bank of Kansas City Jeffrey Schmid said on Wednesday that the Fed system has layers of independence and that politics do not enter Fed policy debates.
Fxstreet
Wed, Feb 25
Sweden: Soft services inflation keep Riksbank cautious – Nordea
Nordea’s Torbjörn Isaksson notes that Swedish January CPIF and CPIF ex energy matched flash estimates, but services inflation surprised on the downside. Core services prices fell more than expected, raising concerns for the Riksbank.
EUR/SEK
USD/SEK
Fxstreet
Wed, Feb 25
Eurozone: Household lending faces modest tightening – BNP Paribas
BNP Paribas, citing the ECB Bank Lending Survey, notes that Eurozone banks plan a somewhat stronger tightening of credit standards for households than for corporations in 2026, mainly due to higher regulatory capital and liquidity requirements under CRR3 and the output floor.
Fxstreet
Wed, Feb 25
Mexico Current Account, $ (QoQ) registered at $7702M, below expectations ($11520M) in 4Q
Mexico Current Account, $ (QoQ) registered at $7702M, below expectations ($11520M) in 4Q
Fxstreet
Wed, Feb 25
Mexico Accumulated Current Account/GDP increased to 1.6% in 4Q from previous 0.49%
Mexico Accumulated Current Account/GDP increased to 1.6% in 4Q from previous 0.49%
Fxstreet
Wed, Feb 25
US: Confidence improves as Fed stays cautious – DBS
DBS Group Research highlights that Boston Fed President Susan Collins signalled US interest rates are likely to stay on hold, describing policy as mildly restrictive with inflation still above 2%. Futures have pushed the expected first rate cut to September.
Fxstreet
Wed, Feb 25
AUD: Sticky CPI backs further RBA hike – TD Securities
TD Securities’ Global Strategy Team highlights that Australia’s January CPI remained elevated, with both headline and trimmed mean inflation above consensus.
AUD/USD
Fxstreet
Wed, Feb 25
EU-US trade deal: Waiting for tariff clarity – Standard Chartered
Standard Chartered economist Christopher Graham notes that the European Parliament has paused ratification of the EU-US trade deal as it seeks clarity on new US tariffs.
Fxstreet
Wed, Feb 25
Fed: Conviction cuts and dovish reaction – ABN AMRO
ABN AMRO Senior Economist Rogier Quaedvlieg argues that under Kevin Warsh, the Federal Reserve’s ‘conviction-based’ approach and a more dovish reaction function point to lower rates despite a bullish US outlook.
Fxstreet
Wed, Feb 25
United States MBA Mortgage Applications down to 0.4% in February 20 from previous 2.8%
United States MBA Mortgage Applications down to 0.4% in February 20 from previous 2.8%
Fxstreet
Wed, Feb 25
China commerce ministry pushes for progress in trade agreement with US
China commerce ministry expresses willingness to work with the United States (US) during European trading hours on Wednesday. The ministry added Beijing has fulfilled necessary obligations required to fulfil the first phase of the agreement.
Fxstreet
Wed, Feb 25
BoJ: June hike seen more likely – ING
ING’s Senior Economist Min Joo Kang argues that the Bank of Japan will keep basing rate decisions on data despite a slightly more dovish board tilt and government pressure.
Fxstreet
Wed, Feb 25
RBA’s Bullock: Have to be patient on judging policy
Reserve Bank of Australia (RBA) Governor Michele Bullock spoke at the Melbourne University Faculty of Economics & Business Foundation Dinner, Melbourne, on Wednesday.
AUD/USD
Fxstreet
Wed, Feb 25
Austria UniCredit Bank Manufacturing PMI rose from previous 47.2 to 49.4 in February
Austria UniCredit Bank Manufacturing PMI rose from previous 47.2 to 49.4 in February
Fxstreet
Wed, Feb 25
GBP: March BoE cut risk keeps pound vulnerable – MUFG
MUFG’s Head of Research Derek Halpenny notes that recent BoE testimony nudged front-end UK yields slightly higher and briefly supported the Pound, but policymakers signalled a finely balanced March decision.
GBP/USD
Fxstreet
Wed, Feb 25
US: Market risks from Trump policy signals – Rabobank
Rabobank Senior Global Strategist Michael Every reviews President Trump’s State of the Union remarks, highlighting policy ideas on tariffs, healthcare subsidies, AI datacentre electricity pricing, retirement schemes, voting ID and a new War on Fraud.
Fxstreet
Wed, Feb 25
Bank of Thailand Unexpectedly Cuts Rate to 1% in Second Consecutive Easing Measure
TradingKey - The Bank of Thailand (BOT) has lowered its policy rate to 1.00%, the lowest level since September 2022. This marks the institution's second consecutive easing measure aimed at supporting economic recovery and addressing the pain points of sluggish domestic growth and elevated deflationa
Proshares Ultra Semiconductors
TradingKey
Wed, Feb 25
Austria HICP (MoM) fell from previous 0.5% to -0.8% in January
Austria HICP (MoM) fell from previous 0.5% to -0.8% in January
Fxstreet
Wed, Feb 25
Austria HICP (YoY) down to 2% in January from previous 3.8%
Austria HICP (YoY) down to 2% in January from previous 3.8%
Fxstreet
Wed, Feb 25
US: Fed rhetoric and data keep policy easing in view – Danske Bank
Danske Research Team highlights mixed US signals, with consumer confidence rebounding modestly and ADP data pointing to faster private hiring. Fed officials Goolsbee and Bostic sounded hawkish, stressing the need for clearer disinflation and warning on upside inflation risks.
Fxstreet
Wed, Feb 25
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