US Macro Daily(Beta Mode)
February 17, 2026
robomacro.com
CPI Softens, Cuts Advance
| Prior Close | ||
|---|---|---|
| Asset | Level | Days Change |
| S&P 500 | 6,847.60 | +0.06% |
| Nasdaq | 22,546.67 | -0.22% |
| Spot VIX | 22.10 | +7.28% |
| 2 Year Bond Yield | 3.41 | -1 bps |
| 10 Year Bond Yield | 4.03 | -2 bps |
| EUR/USD | 1.1843 | -0.09% |
| USD/JPY | 152.98 | -0.34% |
| GBP/USD | 1.359 | -0.32% |
| WTI Oil | 63.80 | +0.03% |
| Gold | 4,928.52 | -1.25% |
| Bitcoin | 67,795.42 | -1.55% |
Prior Economic Events
| Data | Prior | Cons | Actual |
|---|---|---|---|
| Speech by Fed's Bowman | - | - | - |
Today's Economic Events
| Data | Prior | Cons | Time |
|---|---|---|---|
| ADP Employment Change Weekly | 6,500 | - | 08:15 |
| NY Empire State Manufacturing Index | 7.70 | 6 | 08:30 |
| NAHB Housing Market Index | 37 | 38 | 10:00 |
| Speech by Fed's Barr | - | - | 12:45 |
| Fed Daly Speech | - | - | 14:30 |
| MBA 30-Year Mortgage Rate | 6.21 | - | 07:00 |
| Building Permits Prel | 1.4m | - | 08:30 |
| Building Permits Prel | - | 1.4m | 08:30 |
| Durable Goods Orders Month-over-Month | 5.30 | -2 | 08:30 |
| Housing Starts Level | 1.2m | - | 08:30 |
- January CPI rose 0.2% m/m and 2.4% y/y, below consensus, easing inflation fears and supporting Fed rate cuts.
- US-Iran nuclear talks resumed, with Trump signaling optimism but warning of escalation if no deal emerges.
- Markets calmed post-holiday, with S&P 500 futures flat and VIX at 22.10, as investors digest data.
Yesterday's Recap
January CPI climbed 0.2% month-over-month and 2.4% year-over-year, missing consensus forecasts of 0.3% and 2.5%, with core measures cooling to 0.3% m/m and 2.5% y/y.
Equities closed mixed, S&P 500 up 0.05% to 6836.17 and Nasdaq down 0.22% to 22546.67, while utilities and real estate led gains.
Bond yields edged lower, 2-year Treasury down 6bps to 3.41% and 10-year down 7bps to 4.03%, reflecting dovish inflation signals.
FX remained steady, EUR/USD at 1.1843 and GBP/USD at 1.359, with USD/JPY up slightly to 152.98.
Commodities saw gold rise 1.29% to 4926.51 and oil climb 0.62% to 63.14, amid geopolitical tensions; Bitcoin fell 1.26% to 67795.42.
Fed Governor Bowman spoke on labor markets, but no major policy shifts emerged. (cont...)
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