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.

ABN AMRO Chief Economist Nick Kounis discusses reports that ECB President Christine Lagarde may leave before her term ends in 2027, potentially giving France and Germany greater influence over her successor.

TD Securities’ Global Strategy Team argues the Reserve Bank of Australia will view January’s labour data as confirmation of a still-tight market. Full-time jobs rose strongly and unemployment stayed below the RBA’s latest forecast.

Ireland Consumer Price Index (MoM) declined to -0.9% in January from previous 0.5%

Ireland HICP (YoY) below expectations (2.6%) in January: Actual (2.5%)

Ireland HICP (MoM) meets expectations (-1%) in January

Ireland Consumer Price Index (YoY) declined to 2.7% in January from previous 2.8%

Spain 3-y Bond Auction declined to 2.273% from previous 2.341%

Spain 5-y Bond Auction rose from previous 2.512% to 2.577%

Spain 10-y Obligaciones Auction: 3.167% vs previous 3.223%

National Bank of Canada’s Taylor Schleich and Ethan Currie argue that, under current regulations, the Federal Reserve has limited room for major further reductions in its balance sheet, now around $6.5 trillion after prior QT.

Eurozone Current Account s.a came in at €14.6B, above forecasts (€9.2B) in December

Eurozone Current Account n.s.a: €34.6B (December) vs €12.6B

Danske Bank’s Danske Research Team reports that FOMC minutes showed policymakers generally expect US inflation to keep easing toward 2%, but with a hawkish twist as several participants flagged the possibility of further hikes if inflation stays above target.