February 23, 2026 3:19 pm
Key Moments International Paper (NYSE:IP) dropped 7.1%, Packaging Corp of America (NYSE:PKG) declined 6.8%, and Smurfit Westrock (NYSE:SW) slipped nearly 5% following a surprise containerboard price cut. RISI data showed February containerboard prices unexpectedly fell $20 per ton, while boxboard and kraft paper prices were flat month-over-month. Stifel highlighted International Paper and Smurfit Westrock as […]
Read moreFebruary 23, 2026 2:11 pm
Key Moments Bitcoin climbed to a peak of $124,715. However, CME Bitcoin futures notional value stayed near $8.1 billion. When CME notional value hovered around $8.1 billion, Bitcoin traded near $68,016. This level was far below its recent high. Bitcoin recorded $2.3 billion in realized losses on a seven-day average. Analysts described this as a […]
Read moreFebruary 23, 2026 1:17 pm
Key Moments The US Dollar weakened broadly after the US Supreme Court struck down Trump’s reciprocal tariffs, raising policy uncertainty. Markets increased the implied probability of a Bank of England rate cut in March to 75% following soft UK labor data and mostly benign CPI. GBPUSD rebounded after breaking a key trendline, with traders now […]
Read moreFebruary 23, 2026 11:30 am
Key Moments GBP/NZD appears to be stabilizing around the 2.25–2.27 zone in the coming days. Technical signals remain cautious: the nine-day moving average is still below the 21-day, keeping downside risks in play. A dovish RBNZ update and rising UK political risk are limiting sustained GBP/NZD upside for now. Technical Outlook: Consolidation With Downside Bias […]
Read moreFebruary 23, 2026 10:31 am
Key Moments Kpler projected European LNG imports of 14.20 million tons for February, surpassing January’s 13.67 million tons. The United States accounted for 57% of February LNG volumes into Europe at 8.05 million tons, while Russian LNG was seen at 1.6 million tons. Europe’s gas storage was reported at 30%, compared with a five-year average […]
Read moreFebruary 23, 2026 10:10 am
Key Moments Global cocoa prices fell from almost $11,000 per ton to below $4,000, a nearly 70% decline. Ghana cut its official farmgate price by 28.6% to 41,392 cedis ($3,764 per ton) for the 2025/26 season. The Cocoa Farmers Association of Nigeria expects domestic cocoa output to drop by 11% to about 305,000 metric tons […]
Read moreFebruary 23, 2026 9:47 am
Key Moments EUR/USD maintains levels above 1.1800 in the first half of Monday’s European session after trimming part of its intraday advance. Germany’s February IFO Business Climate Index rises to 88.6 from 87.6, but the survey generates limited support for the Euro. Renewed trade-policy uncertainty and expectations for at least two additional 25 bps Fed […]
Read moreFebruary 23, 2026 8:14 am
Key Moments New Zealand retail sales volumes rose 0.9% in Q4 and have climbed more than 4% over the past year, with nominal spending up nearly 5% annually. A recent US Supreme Court ruling reduced China’s average tariff burden despite the announcement of a new 15% global levy, reshaping the external backdrop for New Zealand. […]
Read moreFebruary 23, 2026 7:20 am
Key Moments Brent and WTI futures declined about 1% as markets weighed new U.S. tariff moves and Iran nuclear talks. President Donald Trump moved to increase a temporary tariff on U.S. imports from 10% to 15%, adding to growth and demand uncertainty. Goldman Sachs projected a global oil surplus in 2026 and raised its fourth-quarter […]
Read moreFebruary 20, 2026 2:17 pm
Key Moments January labor market figures kept pressure on the Reserve Bank of Australia to consider higher rates, underpinning the Australian Dollar. Australia’s unemployment rate held around 4.1% in January, below the RBA’s February projection of 4.3% for 2Q26. OCBC continues to expect AUD/USD to reach 0.73 by end-2026, with OIS markets pricing nearly a […]
Read more
