Daily market news

The week saw a US Supreme Court ruling strike down broad global tariffs, though the administration is quickly moving to rebuild trade barriers, suggesting the high-tariff era is not over. Markets reacted positively despite disappointing GDP and rising inflation fears, fueled by a surge in oil prices. The week ahead focuses on high-stakes corporate earnings, particularly Nvidia, and key economic data like the US Consumer Confidence index.

February 20th 2026 North-American Session Recap – US Tariffs got officially struck down by the Supreme Court. With volatility contained, expect a lot of action next week. Check up the Daily asset and FX performance, what changed fundamentally and what's coming up on Monday.

FX Technical Outlook: GBP/JPY faces a 215.00 reversal risk as UK unemployment hits 5.2% and BoE cut bets rise. While the US tariff takedown supports risk-on flows, the Yen gains on fiscal stability. We analyze the 200.00 support target and technical triggers for GBP/JPY's next major move.

The U.S. economy cooled sharply at the end of 2025, with GDP growth slowing to 1.4% annualized as consumer demand, exports, and government spending weakened. February 2026 PMI data still point to expansion, but at the slowest pace in months—while price pressures re-accelerate, complicating the Fed’s next steps. Markets briefly rallied after “emergency” tariffs were blocked, yet renewed tariff threats keep uncertainty elevated.

To conclude the eighth week of trading in 2026, TraderNick and podcast host Jonny Hart shock news regarding the Supreme Court tariff ruling and its effect on financial markets. Otherwise, we discuss the latest US PCE & GDP numbers.

S&P 500, Dow Jones, Nasdaq Analysis and Trading Levels – US Equities are rallying after the SCOTUS announcement to remove US tariffs. Explore Technical Levels and themes ahead of weekend risk.

SCOTUS Breaking: The Supreme Court strikes down Trump’s global tariffs, ruling IEEPA cannot be used for import taxes. While Markets priced this in, a $175B refund "Pandora's Box" is opening. Market reactions: muted FX/Stock response as traders await Alternative Tariff paths already being prepped.