Key Economic Events: Week Of 22nd February 2026
Release Date: 22nd February 2026
What to Expect in Markets This Week: This week features key economic data releases including US CB Consumer Confidence, German GDP and CPI, US Initial Jobless Claims, German CPI, US PPI, and Chicago PMI. Multiple holidays across China, Japan, and Russia will affect market liquidity. The next Fed Interest Rate Decision is scheduled for March 18th, 2026.
23 February 2026
China - Chinese New Year
Date:
23-Feb-26, Mon, All Day
Currency:
Holiday
Importance:
3
Forecast:
-
Previous:
-
Notes:
Chinese New Year is the most important traditional festival in China, marking the beginning of the lunar new year. Financial markets are typically closed during this period, leading to lower liquidity for CNY pairs.
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Legacy
Japan - Emperor's Birthday
Date:
23-Feb-26, Mon, All Day
Currency:
Holiday
Importance:
3
Forecast:
-
Previous:
-
Notes:
The Emperor's Birthday is a national holiday in Japan celebrating the birthday of the current Emperor. Financial markets are typically closed on this day, leading to lower liquidity for JPY pairs.
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Legacy
Russia - Defender of the Fatherland Day
Date:
23-Feb-26, Mon, All Day
Currency:
Holiday
Importance:
3
Forecast:
-
Previous:
-
Notes:
Defender of the Fatherland Day is a public holiday in Russia honoring those who serve and have served in the armed forces. Financial markets are typically closed on this day, leading to lower liquidity for RUB pairs.
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Legacy
24 February 2026
USD - CB Consumer Confidence (Feb)
Date:
24-Feb-26, Tue, 20:30 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
84.5
Notes:
The CB Consumer Confidence Index measures the level of consumer confidence in economic activity. A higher reading indicates increased consumer optimism, which typically leads to higher spending and economic growth. A higher than expected reading is bullish for the USD.
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USDJPY EURUSD
25 February 2026
EUR - German GDP (QoQ) (Q4)
Date:
25-Feb-26, Wed, 12:30 IST
Currency:
EUR
Importance:
3
Forecast:
Link
Previous:
0.30%
Notes:
Gross Domestic Product (GDP) measures the total value of all goods and services produced by the economy. A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
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USDJPY EURUSD
EUR - CPI (YoY) (Jan)
Date:
25-Feb-26, Wed, 15:30 IST
Currency:
EUR
Importance:
3
Forecast:
Link
Previous:
1.70%
Notes:
The Consumer Price Index (CPI) measures changes in the price level of a basket of goods and services. Higher CPI readings indicate rising inflation and may strengthen the EUR as it could prompt the ECB to consider tighter monetary policy.
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USDJPY EURUSD
26 February 2026
USD - Initial Jobless Claims
Date:
26-Feb-26, Thur, 19:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
-
Notes:
The Initial Jobless Claims report measures the number of individuals who filed for unemployment insurance for the first time. An increasing trend is negative/bearish for the USD, while decreasing claims indicate a strong labor market and are bullish for the USD.
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USDJPY EURUSD
27 February 2026
EUR - German CPI (MoM) (Feb)
Date:
27-Feb-26, Fri, 18:30 IST
Currency:
EUR
Importance:
3
Forecast:
Link
Previous:
0.00%
Notes:
The Consumer Price Index (CPI) measures changes in the price level of a basket of goods and services from a consumer perspective. Higher CPI readings indicate rising inflation and may strengthen the EUR.
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USDJPY EURUSD
USD - PPI (MoM) (Jan)
Date:
27-Feb-26, Fri, 19:00 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
0.50%
Notes:
The Producer Price Index (PPI) measures the average change in selling prices received by domestic producers for their output. Higher PPI readings indicate rising producer-level inflation, which may pass through to consumer inflation. A higher than expected reading is bullish for the USD.
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USDJPY EURUSD
USD - Chicago PMI (Feb)
Date:
27-Feb-26, Fri, 20:15 IST
Currency:
USD
Importance:
3
Forecast:
Link
Previous:
54
Notes:
The Chicago PMI measures business conditions in the Chicago region. A reading above 50 indicates expansion in the manufacturing sector, while below 50 indicates contraction. A higher than expected reading is bullish for the USD.
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USDJPY EURUSD
18 March 2026
USD - Fed Interest Rate Decision
Date:
18-Mar-26, Wed, 23:30 IST
Currency:
USD
Importance:
3
Forecast:
3.62%
Previous:
3.63%
Notes:
The Federal Reserve's interest rate decision is one of the most influential monetary policy announcements globally. The Federal Open Market Committee (FOMC) sets the federal funds rate, which affects borrowing costs throughout the economy. A rate hike or hawkish tone typically strengthens the USD, while a dovish stance or rate cut weakens it. Market participants will closely watch for signals about future policy direction, especially regarding inflation trends and economic growth projections.
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USDJPY EURUSD
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