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Weekly Market Summary

Edition
23 February 2026
Closing of
Fri 20 February

Major Indexes Performance

IndexClosing PriceWeekly ChangeChange as a bar2026 editions
S&P 5006,909.510.69%closing of Fri 02 January: 6,858.47closing of Fri 16 January: 6,940.01closing of Fri 23 January: 6,915.61closing of Fri 06 February: 6,932.30closing of Fri 13 February: 6,836.17closing of Fri 20 February: 6,909.51
Dow Jones49,625.970.47%closing of Fri 02 January: 48,382.39closing of Fri 16 January: 49,359.33closing of Fri 23 January: 49,098.71closing of Fri 06 February: 50,115.67closing of Fri 13 February: 49,500.93closing of Fri 20 February: 49,625.97
Nasdaq22,886.070.90%closing of Fri 02 January: 23,235.63closing of Fri 16 January: 23,515.39closing of Fri 23 January: 23,501.24closing of Fri 06 February: 23,031.21closing of Fri 13 February: 22,546.67closing of Fri 20 February: 22,886.07
Euro Stoxx 506,131.311.18%closing of Fri 02 January: 5,850.38closing of Fri 16 January: 6,029.45closing of Fri 23 January: 5,948.20closing of Fri 06 February: 5,998.40closing of Fri 13 February: 5,985.23closing of Fri 20 February: 6,131.31
FTSE 10010,686.890.56%closing of Fri 02 January: 9,951.14closing of Fri 16 January: 10,235.29closing of Fri 23 January: 10,143.44closing of Fri 06 February: 10,369.75closing of Fri 13 February: 10,446.35closing of Fri 20 February: 10,686.89
ShanghaiNot availableNot availableclosing of Fri 16 January: 4,101.91closing of Fri 23 January: 4,136.16closing of Fri 06 February: 4,065.58closing of Fri 13 February: 4,082.07
MOEX Russia2,780.600.28%closing of Fri 16 January: 2,733.75closing of Fri 23 January: 2,777.29closing of Fri 06 February: 2,735.43closing of Fri 13 February: 2,776.34closing of Fri 20 February: 2,780.60

Major Commodities Performance

CommodityClosing PriceWeekly ChangeChange as a bar2026 editions
Gold5,080.901.67%closing of Fri 02 January: 4,329.60closing of Fri 16 January: 4,595.40closing of Fri 23 January: 4,979.70closing of Fri 06 February: 4,979.80closing of Fri 13 February: 5,046.30closing of Fri 20 February: 5,080.90
Silver82.346.07%closing of Fri 02 January: 71.02closing of Fri 16 January: 88.54closing of Fri 23 January: 101.33closing of Fri 06 February: 76.90closing of Fri 13 February: 77.96closing of Fri 20 February: 82.34
Brent Oil71.300.04%closing of Fri 02 January: 60.75closing of Fri 16 January: 64.13closing of Fri 23 January: 65.07closing of Fri 06 February: 68.05closing of Fri 13 February: 67.75closing of Fri 20 February: 71.30

Economic indicators

Unemployment rate U.S
4.3%
Core CPI U.S
325.01 - YoY
PPI U.S
149.16 - YoY
Eurozone CPI Data (Consumer Inflation)
129.43
UK CPI Data (Consumer Inflation)
139.3
European Central Bank / Interest rates
2.15%

Article summaries

  1. Financial Brief: A Weekly Roundup on the Geopolitics of Money

    This week’s roundup highlights how geopolitical strategy is overtaking traditional economic rationale in global finance. Policymakers in major economies are prioritizing national security and trade leverage over conventional macroeconomic goals like inflation control or growth stability. For example, changes to U.S. tariff law under Section 122 duties — seen by some economists as unwarranted — are influencing currency and trade negotiations with key partners. The brief argues that political calculus now factors heavily into central bank and fiscal decisions, altering risk assessments for investors and markets globally.

    Sourcemoderndiplomacy.eu (opens in a new tab)

  2. Global Economics Intelligence executive summary

    McKinsey’s October global economic summary paints a picture of sluggish yet resilient global growth amid policy uncertainty and trade realignments. Growth forecasts for 2026 have been revised downward compared with earlier estimates, reflecting slowing expansion in advanced economies and muted trade flows. Structural headwinds like geopolitical tensions, monetary policy divergence, and uneven recovery trajectories across regions are key themes. Investors and policymakers are advised to factor in these risks when considering asset allocation and macro hedging strategies.

    Sourcemckinsey.com (opens in a new tab)

  3. Euro uses Trump-shaped world order to encroach on U.S. financial power

    This article explores how European financial authorities are strategically positioning the euro as a global reserve currency in response to pressures from U.S. trade and fiscal policy under the current Trump administration. The European Central Bank (ECB) has introduced a permanent euro liquidity facility for other central banks — a move intended to boost confidence in the euro and lessen reliance on the U.S. dollar. If successful, this policy could reshape global capital flows and reserve currency dynamics, reducing some of the strategic privileges historically enjoyed by the U.S. financial system.

    Sourceaxios.com (opens in a new tab)

Reference list

  1. 1https://moderndiplomacy.eu/2026/02/24/financial-brief-a-weekly-roundup-on-the-geopolitics-of-money-feb-24/ (opens in a new tab)
  2. 2https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/global-economics-intelligence (opens in a new tab)
  3. 3https://www.axios.com/2026/02/17/trump-dollar-euro (opens in a new tab)

Data sources

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