UOB economists Enrico Tanuwidjaja and Sathit Talaengsatya expect the Bank of Thailand to cut the 1-day repurchase rate by 25 bps to 1.00% at the 25 February MPC meeting and see this as the terminal rate.

ING’s Deepali Bhargava notes that the Bangko Sentral ng Pilipinas (BSP) delivered a widely expected 25bp rate cut to 4.25%, but paired it with more cautious and uncertain guidance as growth remains softer than expected.

BNY’s EMEA Macro Strategist Geoff Yu argues that the Hungarian Forint’s strong performance has become detached from fundamentals after a sharp downside inflation surprise.

United States 4-Week Bill Auction: 3.625% vs previous 3.63%

Commerzbank’s Tatha Ghose argues that recent fragmentation in Poland’s ruling coalition reinforces domestic political risk as a key drag on the Zloty. Despite assurances from Prime Minister Tusk about government stability and a “stable zloty,” the currency has underperformed peers.

Neel Kashkari, Federal Reserve (Fed) President of the Bank of Minneapolis, said that the labor market has remained pretty resilient and that he believes AI could boost productivity in the next five to ten years, according to Reuters on Thursday.

United States EIA Natural Gas Storage Change came in at -144B, above forecasts (-146B) in February 13

Eurozone Consumer Confidence registered at -12.2, below expectations (-11.8) in February

Rabobank’s Michael Every argues that America’s Maritime Action Plan (MAP) marks a decisive move away from rules-based free trade toward bloc-based neomercantilism.

United States Pending Home Sales (YoY): -0.4% (January) vs -3%

United States Pending Home Sales (MoM) came in at -0.8% below forecasts (1.3%) in January

TD Securities’ Global Strategy Team looks for Eurozone PMIs to signal a cautious recovery in France and Germany. They see January’s weakness in French Services as overdone and expect a rebound, while German Manufacturing PMI is projected to edge higher, supported by defence procurement.

National Bank Of Canada's (NBC) Daren King reports a 5.8% monthly drop in Canadian home sales in January, the third straight decline and broad-based across all provinces. He links the weakness to renewed trade uncertainty despite Bank of Canada rate cuts.

The number of United States (US) citizens submitting new applications for unemployment insurance decreased to 206K for the week ending February 14.

Canada New Housing Price Index (YoY) declined to -2.3% in January from previous -2%

Canada Employment Insurance Beneficiaries Change (MoM) dipped from previous 1.6% to 0.4% in December

Canada International Merchandise Trade came in at $-1.3B, above forecasts ($-2.1B) in December

Canada Exports rose from previous $63.94B to $65.63B in December

Canada Imports: $66.93B (December) vs $66.14B

United States Continuing Jobless Claims above expectations (1.86M) in February 6: Actual (1.869M)

Canada New Housing Price Index (MoM) registered at -0.4%, below expectations (0.1%) in January

United States Goods Trade Balance down to $-99.3B in December from previous $-86.9B

United States Wholesale Inventories meets forecasts (0.2%) in December

United States Initial Jobless Claims 4-week average down to 219K in February 13 from previous 219.5K

United States Philadelphia Fed Manufacturing Survey came in at 16.3, above expectations (8.5) in February

Danske Bank analysts Kirstine Kundby-Nielsen and Jens Peter Sørensen note the growing weakness in the British economy, with higher unemployment, slower wage growth and subdued overall activity prompting the Bank of England to lean more dovish.

Russia Central Bank Reserves $ up to $806.1B from previous $797.5B

TD Securities’ Global Strategy Team expects UK Retail Sales growth to slow sharply in January and anticipates some loss of momentum in both Manufacturing and Services PMIs.

Deutsche Bank analysts note reports that Christine Lagarde may consider stepping down early as ECB President as part of a broader package of 2027 executive board appointments.

Bank of England (BoE) Monetary Policy Committee (MPC) member Catherine Mann said during European trading hours on Thursday that rising United Kingdom (UK) jobless rate is becoming a major concern.