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US Secretary of State Rubio: Iranian insistence on not discussing ballistic missiles is big problem
US Secretary of State Marco Rubio said on Thursday that Iran poses a very grave threat to the United States and has for a very long time. Rubio added that talks Thursday will focus on the nuclear programme.Fxstreet
Wed, Feb 25
China: Two Sessions set 2026 growth path – TD Securities
TD Securities analysts expect Premier Li to unveil a 4.5–5.0% GDP target range for 2026 at the Two Sessions, alongside a broad budget deficit near 9% of GDP. Policymakers are seen prioritizing domestic demand, with continued targeted consumer stimulus.Fxstreet
Wed, Feb 25
USD/CNY: Watching fix as downside bias persists – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong note recent RMB strength as USD/CNY fell sharply after holidays, tracking a heavy USD/CNH. The move reflects a softer Dollar, better risk sentiment and perceived policy tolerance for RMB appreciation.Fxstreet
Wed, Feb 25
Fed’s Musalem: Looking forward to learning what Warsh's priorities might be
St. Louis Federal Reserve (Fed) President Alberto Musalem claimed that inflation is almost a full percentage point above the Fed’s target, and the labor market is cooling in an orderly way, speaking before the Missouri Athletic Club Speaker Series on Wednesday.
Fxstreet
Wed, Feb 25
PLN: Dovish NBP and rate-cut debate – ING
ING’s Frantisek Taborsky reports that NBP Governor Glapinski and council member Litwiniuk signalled inflation near the 2.5% target and room for further easing, with rates potentially falling to 3.50%. Markets, however, price a lower 3.25% terminal rate.
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
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
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