United Kingdom S&P Global Construction PMI below forecasts (47.9) in February: Actual (44.5)

China: Pragmatic growth stance and FX stability – TD Securities

TD Securities’ Senior Macro Strategist Alex Loo says Chinese policymakers have set a modest 2026 GDP growth target of 4.5–5.0%, with TD forecasting 4.6%. The Budget keeps fiscal policy accommodative but avoids a repeat of 2025’s large impulse.
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EUR/CAD falls to near 1.5850 due to higher Oil prices

EUR/CAD resuming its losing streak after a flat session, trading around 1.5850 during the European hours on Thursday.
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