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US President Donald Trump considers new national security tariffs after Supreme Court ruling — WSJ
US President Donald Trump's administration is considering new national security tariffs on a half-dozen industries after a Supreme Court decision last week that invalidated many of his second-term levies, the Wall Street Journal (WSJ) reported on Monday.Fxstreet
Mon, Feb 23
RBA's Plumb says will focus on quarterly CPI data for forecasting
Michael Plumb, the Head of Economic Analysis at the Reserve Bank of Australia (RBA), said on Monday that the central bank will continue to focus on quarterly Consumer Price Index (CPI) inflation data for forecasting.Fxstreet
Mon, Feb 23
India: Strong PMI supports INR despite underperformance – Commerzbank
Commerzbank analysts Charlie Lay and Moses Lim note that India’s February flash PMIs show continued expansion in both services and manufacturing, with robust domestic and external demand supporting hiring and confidence.Fxstreet
Mon, Feb 23
China: Lower US tariffs support trade flows – ABN AMRO
ABN AMRO economists Rogier Quaedvlieg, Arjen van Dijkhuizen and Bill Diviney note that China is a key beneficiary of the US Supreme Court ruling, as IEEPA-based reciprocal and fentanyl tariffs are scrapped and likely replaced by a lower 15% Section 122 rate.Fxstreet
Mon, Feb 23
USD/CNY: Gradual downside seen with tariff shifts – MUFG
Michael Wan at MUFG argues that changes in US tariff implementation and a weaker Dollar backdrop support a gradual move lower in USD/CNY. China is seen as a relative beneficiary versus some Asian exporters as effective tariffs on Chinese exports are expected to fall.
Fxstreet
Mon, Feb 23
US: Tariff reset shapes Dollar outlook – NBC
National Bank of Canada’s (NBC) Angelo Katsoras and Jocelyn Paquet analyze how the Supreme Court ruling and subsequent White House response reshape US trade policy. They note the effective tariff rate briefly fell before a new 15% Section 122 tariff restored most of the prior burden.Fxstreet
Mon, Feb 23
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