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February 10, 2026
February 09, 2026
Preview: Due February 20 - U.S. February S and P PMIs - Manufacturing significantly stronger, Services marginally so
February 9, 2026 6:32 PM UTC
We expect improvement in February’s S and P PMIs, more significantly in manufacturing, to 53.5 from 52.4, with services seeing only a modest increase to 53.0 from 52.7.
Preview: Due February 18 - U.S. December Durable Goods Orders - Aircraft to slip, but ex transport trend is positive
February 9, 2026 4:26 PM UTC
We expect December durable goods orders to fall by 5.0% after a 5.3% increase in November, the reversal led by aircraft after a strong November increase. Ex transport we expect a 0.4% increase, matching the gain in November.
Preview: Due February 10 - U.S. December Retail Sales - Maintaining momentum
February 9, 2026 2:18 PM UTC
We expect retail sales to maintain momentum in December, rising by 0.6% overall and by 0.5% ex auto, both matching their November increases. Ex autos and gasoline we expect a 0.5% increase, a modest pick-up from two straight gains of 0.4%.
India’s Union FY27 Budget: A Pragmatic Blueprint That Prioritises Stability over Stimulus
February 9, 2026 7:47 AM UTC
India’s 2026–27 Union Budget opts for prudence over populism, targeting a fiscal deficit of 4.3% of GDP and boosting capital expenditure by 11.5%. The government shifts focus to services-led job creation, defence modernisation, and water infrastructure while trimming subsidies, while tax tweaks
February 06, 2026
Russian Economy Grew by 1% in 2025
February 6, 2026 6:25 PM UTC
Bottom Line: According to official announcement, Russian economy grew by 1.0% in 2025. President Putin said this slowdown was expected and intentional as part of measures aimed at curbing inflation. We think Central Bank of Russia’s (CBR) previous aggressive monetary tightening coupled with sancti