Economic Preview: Key Data Releases (week of 23Feb2026)
China Market Holiday
China will be closed on Monday, February 23, as the country continues its celebrations for the Chinese New Year. This closure may affect global market activity due to reduced participation from one of the world’s largest economies.
CB Consumer Confidence
The Consumer Board (CB) consumer confidence data for February will be released this week. The forecast stands at 86.0, which is an increase from the previous reading of 84.5. This index is significant because it reflects consumer confidence and provides insight into the overall outlook for the broader economy.
Initial Jobless Claims
Data on initial jobless claims will also be released, with the previous figure reported at 206,000. This indicator is closely monitored as it provides a snapshot of the employment situation and trends in the labour market.
Producer Price Index (PPI)
The Producer Price Index (PPI) for January is scheduled to be announced, with a forecasted increase of 0.3%. The PPI measures inflation affecting producers and can serve as an early indicator of inflation that may eventually impact consumers.
Chicago PMI
The Chicago Purchasing Managers’ Index (PMI) for February will also be released. The previous value indicated expansion at 54.0, suggesting a positive outlook for manufacturing activity in the region.
Crude Oil Inventories
Crude oil inventory data will be published in the coming week. This information is often viewed as an indicator of producer expectations regarding future market demand.
Political Events
President Trump is scheduled to speak on Wednesday. His remarks have the potential to significantly influence the market, particularly in light of ongoing tensions in the Middle East, including those concerning Iran, and the escalation of the U.S. military presence in the region.
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