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.

Mexico Current Account, $ (QoQ) registered at $7702M, below expectations ($11520M) in 4Q

Mexico Accumulated Current Account/GDP increased to 1.6% in 4Q from previous 0.49%

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.

TD Securities’ Global Strategy Team highlights that Australia’s January CPI remained elevated, with both headline and trimmed mean inflation above consensus.

Standard Chartered economist Christopher Graham notes that the European Parliament has paused ratification of the EU-US trade deal as it seeks clarity on new US tariffs.

ABN AMRO Senior Economist Rogier Quaedvlieg argues that under Kevin Warsh, the Federal Reserve’s ‘conviction-based’ approach and a more dovish reaction function point to lower rates despite a bullish US outlook.

United States MBA Mortgage Applications down to 0.4% in February 20 from previous 2.8%

China commerce ministry expresses willingness to work with the United States (US) during European trading hours on Wednesday. The ministry added Beijing has fulfilled necessary obligations required to fulfil the first phase of the agreement.

ING’s Senior Economist Min Joo Kang argues that the Bank of Japan will keep basing rate decisions on data despite a slightly more dovish board tilt and government pressure.

Reserve Bank of Australia (RBA) Governor Michele Bullock spoke at the Melbourne University Faculty of Economics & Business Foundation Dinner, Melbourne, on Wednesday.

Austria UniCredit Bank Manufacturing PMI rose from previous 47.2 to 49.4 in February

MUFG’s Head of Research Derek Halpenny notes that recent BoE testimony nudged front-end UK yields slightly higher and briefly supported the Pound, but policymakers signalled a finely balanced March decision.

Rabobank Senior Global Strategist Michael Every reviews President Trump’s State of the Union remarks, highlighting policy ideas on tariffs, healthcare subsidies, AI datacentre electricity pricing, retirement schemes, voting ID and a new War on Fraud.

TradingKey - The Bank of Thailand (BOT) has lowered its policy interest rate to 1.00%, the lowest level since September 2022. This marks the institution's second consecutive easing measure to support

TradingKey - The Bank of Thailand (BOT) has lowered its policy interest rate to 1.00%, the lowest level since September 2022. This marks the institution's second consecutive easing measure to support

Austria HICP (MoM) fell from previous 0.5% to -0.8% in January

Austria HICP (YoY) down to 2% in January from previous 3.8%

Danske Research Team highlights mixed US signals, with consumer confidence rebounding modestly and ADP data pointing to faster private hiring. Fed officials Goolsbee and Bostic sounded hawkish, stressing the need for clearer disinflation and warning on upside inflation risks.

France Consumer Confidence above forecasts (90) in February: Actual (91)

Deutsche Bank strategists highlight a more hawkish repricing of the Federal Reserve path.

Germany Gross Domestic Product w.d.a (YoY) remains unchanged at 0.6% in 4Q

Germany Gross Domestic Product (YoY) meets forecasts (0.4%) in 4Q

Germany Gross Domestic Product (QoQ) in line with forecasts (0.3%) in 4Q

Sweden Producer Price Index (YoY): -2% (January) vs -2.7%

Sweden Producer Price Index (MoM) rose from previous -1.1% to 2.4% in January

Germany GfK Consumer Confidence Survey registered at -24.7, below expectations (-23.5) in March

The EUR/GBP cross holds positive ground near 0.8725, snapping the three-day losing streak during the early European session on Wednesday. The Pound Sterling (GBP) softens against the Euro (EUR) due to the upcoming UK political events.

Japan’s Deputy Chief Cabinet Secretary Masanao Ozaki said on Wednesday that specifics of monetary policy are to be left to the Bank of Japan (BOJ).

AUD/JPY extends its gains for the second successive session, trading around 110.10 during the Asian hours on Wednesday.