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UK: Brighter growth prospects after weak 2025 – Nomura
Nomura’s George Buckley, notes that UK GDP ended 2025 weakly, with quarterly growth of just 0.1%. Consumer spending and industrial output have underperformed peers, but the bank, the BoE and consensus expect a recovery in 2026 and beyond.Fxstreet
Thu, Feb 12
CAD: BoC optionality and delayed cuts – TD Securities
TD Securities analysts note that January Bank of Canada minutes were broadly unsurprising and consistent with a slightly dovish tone. Policymakers see current rates as slightly stimulative but stress geopolitical risks and USMCA renewal uncertainty.
Fxstreet
Thu, Feb 12
Turkey: Central bank keeps easing bias as inflation forecasts rise – ING
ING’s Chief Economist for Turkey, Muhammet Mercan, notes that the Central Bank of Turkey raised its 2026 inflation forecast range while keeping its official targets unchanged, and remains relatively constructive on the inflation outlook.
Fxstreet
Thu, Feb 12
GBP: Sluggish UK growth supports March cut risk – TD Securities
TD Securities analysts note that UK GDP for December matched expectations at 0.1% month-on-month, but downward revisions to November left Q4 growth at 0.1% quarter-on-quarter, below consensus and Bank of England projections.
Fxstreet
Thu, Feb 12
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