Global Economy Briefing — February 20, 2026

2026-02-20 - 09:13

Today’s global economy briefing for February 20, 2026 covers a massive US trade deficit blow-out to $70.3 billion, the Philly Fed manufacturing index surging to a five-month high of 16.3, and Japan’s headline CPI falling below the BoJ’s 2% target for the first time since March 2022. Here’s what moved markets on Thursday. The Big