S&P Global’s US Services PMI slipped to 51.7 in February, missing forecasts of 52.3 expectations.
EUR/USD steadied near 1.1626 as dollar paused; Eurozone data helped amid US-Iran tensions, rate expectations.
DBS GDP nowcast shows India’s 4Q FY25 growth strong, then easing in 1Q26 and 2026.
Norwegian krone rallies on stronger inflation and oil, but remains vulnerable to pullback if data disappoints.
U.S. GDP has outpaced Canada since 2022, driven by stronger consumption, exports, investment and momentum.
NZD/USD climbed to 0.5920 as a softer US Dollar offset Middle East tensions and mixed US data.
Fed Governor Miran says Iran conflict impact unclear; oil-to-core inflation link limited; supports 1pp cuts this year.
Deutsche Bank warns UK inflation uncertainty rising as oil and gas surge, risking slower disinflation and delaying rate cuts.
USD/CHF slipped near 0.7800 as dollar eased; Swiss CPI beat forecasts, reinforcing SNB’s accommodative stance.
Canada’s labour productivity slipped 0.1% in Q4, matching forecasts, as output per hour worked edged down.
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