๐บ๐ธ๐ U.S. Tariffs Implementation: President Donald Trump has signed executive orders imposing a 25% tariff on imports from Canada and Mexico, and a 10% tariff on imports from China. These tariffs are set to take effect on Tuesday, February 18, 2025.
๐ท๐บ๐บ๐ธ Diplomatic Talks: Senior U.S. and Russian officials are scheduled to meet in Riyadh, Saudi Arabia, on February 18 to discuss the ongoing conflict in Ukraine and explore potential resolutions.
๐ฉ๐ช๐ณ๏ธ German Snap Election: Germany is set to hold a snap election this week, with the far-right Alternative for Germany (AfD) expected to perform well, potentially influencing European markets.
๐ Key Data Releases:
Tuesday, Feb 18: ๐บ๐ธ๐ญ NY Empire State Manufacturing Index (8:30 AM ET): Measures manufacturing activity in New York State. ๐บ๐ธ๐ฃ๏ธ U.S. President Trump Speech (3:00 PM ET): Insights into potential policy directions and economic outlook. Wednesday, Feb 19: ๐บ๐ธ๐ Housing Starts (8:30 AM ET): Data on new residential construction projects. ๐บ๐ธ๐ FOMC Meeting Minutes (2:00 PM ET): Detailed insights into the Federal Reserve's policy discussions from the January meeting.
Thursday, Feb 20: ๐บ๐ธ๐ Initial Jobless Claims (8:30 AM ET): Weekly data on unemployment claims. ๐บ๐ธ๐ญ Philadelphia Fed Manufacturing Index (8:30 AM ET): Indicator of manufacturing sector health in the Philadelphia region.
Friday, Feb 21: ๐บ๐ธ๐ญ S&P Global Flash Manufacturing PMI (9:45 AM ET): Preliminary data on manufacturing sector performance. ๐บ๐ธ๐ Existing Home Sales (10:00 AM ET): Reports on the number of previously owned homes sold.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.