US Macro Daily(Beta Mode)
February 10, 2026
robomacro.com
Fed Cuts Loom on Data
| Prior Close | ||
|---|---|---|
| Asset | Level | Days Change |
| S&P 500 | 6,970.90 | +0.48% |
| Nasdaq | 23,238.67 | +0.90% |
| Spot VIX | 17.46 | +0.58% |
| 2 Year Bond Yield | 3.49 | -1 bps |
| 10 Year Bond Yield | 4.18 | -3 bps |
| EUR/USD | 1.1910 | -0.04% |
| USD/JPY | 155.57 | -0.20% |
| GBP/USD | 1.367 | -0.15% |
| WTI Oil | 63.55 | +0.41% |
| Gold | 5,047.27 | -0.24% |
| Bitcoin | 69,053.72 | -1.49% |
Prior Economic Events
| Data | Prior | Cons | Actual |
|---|---|---|---|
| Speech by Fed's Waller | - | - | - |
| Speech by Fed's Miran | - | - | - |
| Speech by Fed's Bostic | - | - | - |
| Speech by Fed's Miran | - | - | - |
Today's Economic Events
| Data | Prior | Cons | Time |
|---|---|---|---|
| ADP Employment Change Weekly | 7,750 | - | 08:15 |
| Retail Sales Month-over-Month | 0.60 | 0.40 | 08:30 |
| Employment Cost - Benefits Quarter-over-Quarter | 0.80 | - | 08:30 |
| Employment Cost - Wages Quarter-over-Quarter | 0.80 | - | 08:30 |
| Employment Cost Index Quarter-over-Quarter | 0.80 | 0.80 | 08:30 |
| Export Prices Month-over-Month | - | 0.10 | 08:30 |
| Import Prices Month-over-Month | - | 0.10 | 08:30 |
| Retail Sales Control Group Month-over-Month | 0.40 | 0.40 | 08:30 |
| Retail Sales Excluding Autos Month-over-Month | 0.50 | 0.30 | 08:30 |
| Ny Fed Bill Purchases 1 To 4 Months | - | - | 09:20 |
- Fed speeches highlighted cautious optimism on inflation cooling, supporting further rate cuts.
- Japan's election victory signals potential economic stimulus, boosting global equities.
- Oil prices dipped as US-Iran talks eased supply fears, calming energy markets.
Yesterday's Recap
Fed Governor Waller emphasized data-dependent policy, noting inflation progress but labor resilience.
Fed Governor Miran reiterated commitment to gradual easing, while Bostic stressed balanced growth risks.
Markets remained calm with VIX at 17.46, as S&P 500 held steady at 6970.90 amid steady economic news flow.
Bond yields edged higher, with 10-year at 4.18%, reflecting cautious Fed outlook.
FX was stable, EUR/USD at 1.1910, while WTI oil fell to 63.55 on geopolitical easing.
The Day Ahead
Investors await ADP employment data expected at 7750, potentially signaling labor trends.
Retail sales at 0.4% consensus could influence Fed cut expectations.
Fed speeches from NY Fed officials may clarify pace of easing.
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