Coinbase (COIN) has launched stock perpetual futures trading for eligible non-US retail and institutional customers, offering leveraged exposure to major US equities and exchange-traded funds (ETFs), the exchange stated in a blog post on Friday.

United States CFTC S&P 500 NC Net Positions increased to $-113.1K from previous $-134.5K

United States CFTC Gold NC Net Positions: $159.9K vs previous $163.1K

Eurozone CFTC EUR NC Net Positions down to €21.1K from previous €105.1K

United States CFTC Oil NC Net Positions fell from previous 228K to 218.7K

United Kingdom CFTC GBP NC Net Positions increased to £-65.5K from previous £-84.2K

Australia CFTC AUD NC Net Positions up to $69.1K from previous $54.2K

Japan CFTC JPY NC Net Positions declined to ¥-67.8K from previous ¥-41.4K

Argentina Gross Domestic Product (YoY) came in at 2.1%, below expectations (2.2%) in 4Q

Nordea’s Sara Midtgaard reports that the Federal Reserve left its policy rate unchanged and signalled only gradual easing, with one 25 bp cut projected in both 2026 and 2027.

Christopher Waller, a member of the Federal Reserve (Fed), said that based on the jobs report alone, he was planning to dissent in the monetary policy decision, but inflation has become more of a concern.

Canada New Housing Price Index (YoY): -2.1% (February) vs -2.3%

Canada New Housing Price Index (MoM) registered at 0.3% above expectations (-0.3%) in February

Canada Retail Sales (MoM) came in at 1.1% below forecasts (1.5%) in January

Canada Industrial Product Price (MoM) came in at 0.4% below forecasts (1.1%) in February

Canada Retail Sales ex Autos (MoM) below forecasts (1.2%) in January: Actual (0.8%)

Canada Raw Material Price Index came in at 0.6% below forecasts (2.4%) in February

Mexico Private Spending (YoY): 4% (4Q) vs 1.6%

Mexico Private Spending (QoQ) fell from previous 1.1% to 1% in 4Q

China FDI - Foreign Direct Investment (YTD) (YoY) remains unchanged at -5.7% in February

European Central Bank (ECB) policymaker and Governor of the Central Bank of Ireland Gabriel Makhlouf stated during European trading hours on Friday that the central bank doesn’t have a pre-determined rate path and the decision would be made meeting by meeting.

Italy Global Trade Balance registered at €1.089B, below expectations (€5.6B) in January

Italy Trade Balance EU up to €-1.138B in January from previous €-2.447B

Eurozone Current Account n.s.a down to €13B in January from previous €34.6B

Eurozone Current Account s.a came in at €37.9B, above expectations (€17.2B) in January

MUFG’s Derek Halpenny notes that the recent retracement in Brent has eased immediate upward pressure on the Dollar, but he doubts the move will last given ongoing Middle East tensions and constrained supply.

ING’s Francesco Pesole notes that the Bank of England surprised markets with a unanimous hold and strong guidance that it is ready to act against any inflation spike. Markets added substantial tightening by year-end, though ING views this as too aggressive.

DBS Group Research economist Radhika Rao notes that the ECB kept rates unchanged but highlighted spillover risks from geopolitical tensions, with updated projections showing higher Eurozone inflation and weaker growth.

MUFG’s Derek Halpenny highlights that the Bank of England’s unanimous hold and sharp front-end repricing have driven a notable rise in UK yields, supporting the Pound.

Derek Halpenny at MUFG underlines that Brent’s sharp pullback from near USD 120 to below USD 105 has been driven by hopes of conflict de-escalation, but he questions its durability.