On a charged Friday, February 13, 2026, U.S. Treasury Secretary Scott Bessent delivered a series of fiery statements revealing the Trump administration’s bold strategies on fraud prevention, trade adjustments, currency reform, and reshaping relations with Beijing. Speaking live on CNBC, Bessent painted a picture of a resilient U.S. economy navigating …
Read More »Explainer: Did the U.S. Economy Build Its Narrative on 900,000 Phantom Jobs?
In February 2026, the U.S. Bureau of Labor Statistics (BLS) released its annual benchmark revision, and the findings shocked markets. The update revealed that the American economy had added 900,000 fewer jobs in 2025 than previously reported. This was not a minor correction—it fundamentally reshaped the narrative of labor market …
Read More »Bitcoin Rebounds Near $69,000 After Shock By U.S. Jobs Data
The price of Bitcoin came under pressure after a major revision to U.S. employment data rattled global markets and revived concerns about economic uncertainty. The price of Bitcoin rebounded to around $68,987, rising more than 4% on the day, after markets digested the shock of a major revision to U.S. …
Read More »U.S. Futures Ease as Tech Rout Lingers and Inflation Data Takes Center Stage
U.S. stock index futures edged slightly lower on Friday, as investors remained cautious following a sharp selloff in technology stocks in the previous session and ahead of a closely watched U.S. inflation report later in the day. By 05:35 ET (10:35 GMT), Dow Jones futures were down 95 points, or …
Read More »Bitcoin Drifts Near $66,000, Set for Fourth Weekly Loss as Risk Aversion Builds Ahead of U.S. Inflation Data
Bitcoin traded near the $66,000 level on Friday, extending a period of subdued price action and heading toward a fourth consecutive weekly decline, as investors remained cautious amid broad weakness across global risk assets and ahead of key U.S. inflation data later in the day. The world’s largest cryptocurrency was …
Read More »European Stocks Mixed as Wall Street Tech Rout Weighs Ahead of Key Growth Data
European equities traded mixed on Friday, as investors balanced a fresh round of corporate earnings against a sharp overnight selloff in U.S. technology shares, while awaiting key regional growth data for further direction. By 03:05 ET (08:05 GMT), Germany’s DAX edged up 0.2% and the U.K.’s FTSE 100 gained 0.4%, …
Read More »Gold Rebounds in Asia as Middle East Tensions Offset Rate Uncertainty Ahead of U.S. Inflation Data
Gold prices edged higher in Asian trading on Friday, recovering some ground after a sharp sell-off in the previous session, as investors weighed renewed geopolitical risks in the Middle East against lingering uncertainty over the future path of U.S. interest rates. Spot gold rose 0.5% to $4,953.58 an ounce by …
Read More »Asian Stocks Advance as South Korea Hits Record High on AI Chip Rally, Japan Pauses Near Peak
Most Asian stock markets edged higher on Thursday, led by a sharp rally in South Korea where shares surged to record highs on strong gains in chipmakers. Japanese equities, meanwhile, traded flat after touching a fresh all-time peak above the 58,000 mark, as optimism surrounding the so-called “Takaichi trade” began …
Read More »Explainer: U.S. Jobless Claims Signal Resilient but Cooling Labor Market
Initial claims dip slightly as continuing claims tick higher, markets respond cautiouslyUnemployment insurance claims, a key gauge of the U.S. labor market, point to continued resilience despite signs of gradual cooling. The latest Department of Labor (DOL) report shows that initial claims remain near historically low levels, while continuing claims …
Read More »Gold’s Sudden Slide: Why Fundamentals Turned Against the Precious Metal
On February 12, 2026, gold (XAU/USD) endured a sharp correction, sliding by around $165, or −3.26%, to trade near $4,918 per ounce. This decline followed an extraordinary rally above $5,600 in January, and it reflects a decisive shift in fundamental drivers rather than a mere technical pullback. 1. Strong U.S. …
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