Brazil's economic activity expanded 2.5% in 2025, central bank data showed on Thursday, easing from the previous year's pace ?but once again surpassing initial forecasts with the ?help of a booming farming sector. The reading was based on the central bank's ?IBC-Br index, widely regarded as a proxy for gross domestic product.
The US dollar was mixed against its major trading partners early Thursday -- up versus the euro and pound, down versus the yen and Canadian dollar -- ahead of a full day of economic data releases and appearances by Federal Reserve officials.
* ECB selecting banks that want to take part in pilot phase. * ECB setup costs to reach around 1.3 bln euros, Cipollone says. * Banks to pocket fees, won't have to pay system costs to ECB. * Merchants will also have an ?incentive in terms of cap on fees. By Valentina Za.
* Weekly jobless claims data due at 1330 GMT. * US PCE data due on Friday. * Fed minutes show officials grappling with policy split. * US-Iran still distant on some issues, White House says. By Pablo Sinha.
* Fed minutes show no rush to cut rates, some open to hikes. * Dollar holds gains, euro stabilises after Lagarde reports. By Tom Westbrook and Amanda Cooper. The dollar held above its recent lows on Thursday after minutes from the Federal Reserve showed policymakers appear to be in no rush to cut interest rates and several were open to hikes if inflation proved ?sticky.
A March rate cut at the Bank of England isn't a "slam dunk," said Deutsche Bank. However, given the deteriorating British labor market, the bank maintains this as its base case. Stickier price momentum will certainly add some consternation to those on the fence within the BoE's Monetary Policy Committee, stated Deutsche Bank.
European Central Bank President Christine Lagarde has told colleagues she remains focussed on her job and she would tell them first if she was about to step down, a message they took to mean she was not about to resign, four sources told Reuters.
President Donald Trump claimed on Wednesday that his administration's aggressive tariff policies have sparked a "staggering" 78% reduction in the U.S. trade deficit, vowing the nation will soon achieve its first trade surplus in decades.
Canada will release its international merchandise trade data for December at 8:30 a.m. ET on Thursday, said Bank of Montreal. The merchandise trade deficit looks to clock in at $2.0 billion in December, in line with the previous month, noted the bank.
Brazil's economic activity expanded 2.5% ?in 2025, central ?bank data showed ?on Thursday, slowing from ?the previous ?year ?but once again outperforming forecasts ?made ?at the start of the ?year.
Rwanda's central bank Thursday said its Monetary Policy Committee decided to raise the Central Bank Rate by 50bps to 7.25%. BNR noted that the country's economy is strong and that it expects inflation to head back to the target band by late 2026 to early next year. The central bank also pointed out that the depreciation of the Rwandan franc slowed in 2025.
Dr. Khaled Hanafy and Dr. Waiel Awwad represent the UAE at GEC 2026, strengthening Arab participation in global economic dialogue MUMBAI, India, Feb. 19, 2026 India's inaugural Global Economic Cooperation 2026 forum, convened by the Future Economic Cooperation Council opened in Mumbai this week, bringing together senior government leaders, multilateral institutions and global business voices to...
* Lunar New Year absences make price action difficult to interpret. * Federal Reserve policymakers appear in no hurry to cut rates. * LME copper stocks still rising.
* MSCI EM FX down 0.2%, stocks flat. * Ukraine bonds stabilize after declines. * US Fed minutes show policymakers split over future policy. * Philippine central banks cuts rates, Indonesia holds. By Purvi Agarwal. Feb 19 - Most emerging market currencies edged lower while stocks were treading water on Thursday as rising geopolitical tensions globally kept investors ?on edge.
An expected rise in Japan's short-term interest rate to 1% may trigger a significant reallocation of cash into deposits that could complicate the Bank of Japan's ?monetary policy implementation, a leading economist told Reuters ?on Thursday.
European Central Bank President Christine Lagarde has told colleagues she remains focussed on her job and she would tell them first if she was about to step down, a message they took to mean she was not about to resign, four sources told Reuters.
Genesis Energy said late Wednesday it priced a public offering of $750 million of 6.75% senior notes due 2034 at 100% of their principal amount, upsized from a previously planned $500 million.
* Fed minutes show no rush to cut rates, some open to hikes. * Dollar holds gains, euro stabilises after Lagarde reports. * Kiwi falls after central bank's cautious stance on rate hikes. By Tom Westbrook and Amanda Cooper.
Asian currencies slipped on Thursday,
with the Indonesian rupiah and the Philippine peso unchanged
after central bank policy decisions, while the South Korean
shares surged to ?a fresh record high.
Euro zone benchmark Bund yields edged up on Thursday, echoing moves in U.S. Treasuries, while markets indicated an about 35% chance of ?a European Central Bank rate cut in ?2026. Traders now see a higher probability of a rate cut ?by December 2026, compared with 20% last week, though expectations have ?eased from more than 40% on ?Tuesday.
If the world economy is shifting into a boom that risks overheating, the case for more hawkish central bankers will grow louder - just as the top jobs at the Federal Reserve and European Central Bank come into play. And now Europe seems set to put its own monetary policy leadership up for grabs this year too.
* Fed minutes show no rush to cut rates, some open to hikes. * Dollar gains against euro and yen, Aussie dollar steady. * Kiwi falls after central bank's cautious stance on rate hikes.
* Russians cut discretionary spending amid economic slowdown. * High interest rates and taxes impact consumer spending. * Some restaurants and cafes close in Moscow and other cities. By Ekaterina Maksimova. Restaurants and cafes are closing down in Russia at the fastest pace since the start of the war in Ukraine four years ago as consumption stalls even in affluent Moscow.
* Beijing pursues 20 free-trade agreements amid U.S. tariffs. * China aims to embed more deeply in global trade to counter U.S. pressure. * Reuters review of Chinese policy papers shows systematic bid to neutralize U.S. containment. * China's huge trade surplus complicates its global ambitions. By Joe Cash.
Asian currencies slipped on Thursday,
led by the South Korean won and Malaysian ringgit, as a mildly
hawkish interpretation of the U.S. Federal ?Reserve minutes and
upcoming rate decisions in ...
Genesis Energy, L.P. (GEL) today announced that it has priced a public offering of $750,000,000 in aggregate principal amount of 6.75% senior notes due 2034. BofA Securities and Citigroup are acting as joint global coordinators for the offering.
The dollar strengthened for a fourth straight session on Thursday after data indicated the economy was on stable footing, giving the Federal Reserve leeway to hold interest rates in check in the near-term. The Labor Department said weekly initial jobless claims fell by 23,000 to an ?adjusted 206,000, below the 225,000 estimate of economists polled by ?Reuters.
The dollar was off recent lows on Thursday and hanging on to a bounce after minutes from the Federal Reserve showed policymakers did not seem to be in a rush to cut interest rates and that several were open to hikes if inflation proved sticky.
Avolon Holdings Limited, a leading global aviation finance company, announces the pricing of a private offering by its wholly owned subsidiary, Avolon Holdings Funding Limited, for a principal aggregate amount of US$1.5 billion, including US$750 million of 4.200% senior unsecured notes due 2029 and US$750 million of 4.850% senior unsecured notes due 2033.
Enhances access to capital to fund future growth Exchange Income Corporation (EIFZF) a diversified, acquisition-oriented company focused on opportunities in the Aerospace & Aviation and Manufacturing segments, announced today it has received an investment grade corporate credit rating of BBB with a stable outlook from Morningstar DBRS.
Nouriel Roubini, the economist who called the 2008 financial crisis and spent the next decade warning anyone who?d listen about stagflation and collapse, now sees U.S. GDP approaching 4% by end of the decade. The driver isn?t fiscal stimulus or deregulation.
US equity indexes trimmed gains on Wednesday after Federal Open Market Committee meeting minutes showed policymakers allowing for a possible increase in interest rates if inflation rebounds.
Regency Centers Corporation (REG) announced today that its operating partnership, Regency Centers (REG), L.P., has priced a $450 million public offering of senior unsecured notes due 2033 under its existing shelf registration filed with the U.S. Securities and Exchange Commission.
Newly elevated executive leadership and expanded global sales team signal the brand's?future-ready?vision and continued momentum as an innovative, iconic global real estate brand?. DENVER, Feb. 18, 2026 /PRNewswire/ -- REMAX?, the No. 1 name in real estate?, today announced a major advancement in its global leadership structure with the promotion of Chris Lim to President of REMAX, adding to hi...
Federal Reserve policymakers were in near-unanimous agreement to keep interest rates on hold at their meeting last month, but remained split over their next steps, with "several" open to rate hikes if inflation remains elevated, others inclined to support further cuts if inflation recedes as they expect, and the full table grappling with the emerging implications of artificial intelligence for ...
US equity indexes closed higher Wednesday after meeting minutes from the January Federal Open Market Committee meeting confirmed a difference of opinion among policymakers.
STAMFORD, Conn. Fourth Quarter 2025 Financial Highlights: Full Year 2025 Financial Highlights: Outlook: This outlook is based on Tronox's (TROX) views on current global economic activity and is subject to changes and impacts associated with the general macroeconomic and industry-related conditions, global supply chain, and inflation-related challenges, among others.
RoundPoint Mortgage Servicing LLC , a leading non-bank mortgage servicing and residential home loan lender owned by TWO, an MSR-focused REIT, today announced that the company received Fannie Mae?s Servicer Total Achievement and Rewards? performer recognition for all three categories of General Servicing, Solution Delivery, and Timeline Management. This press release features multimedia.
"For 2026, we expect municipal bonds to remain compelling as reinvestment demand stays strong and rate normalization progresses," said Brian Barney, municipal portfolio manager at Parametric.
CNB Financial Corporation (CCNE) today announced that CNB Bank, its wholly-owned banking subsidiary, became a state member bank regulated by the Board of Governors of the Federal Reserve System through the Federal Reserve Bank of Philadelphia effective February 12, 2026.
Foreign holdings of U.S. Treasuries slipped in December as Japan and the United Kingdom, the two largest ?holders of U.S. government debt, ?reduced their portfolio sizes, data from the Treasury ?Department showed on Wednesday. Holdings of U.S. Treasuries ?fell to $9.27 trillion in December, from $9.36 ?trillion in ?November.
The U.S. central bank on Wednesday confirmed it had asked dealers last month for quotes on ?dollar/yen rates at the behest ?of the U.S. Treasury,?an unusual move that strengthened the ?stubbornly weak yen and put investors on ?alert for the first joint ?U.S.-Japan currency ?intervention in 15 years.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
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