Wolf Money(world market review 23-28 Feb 2026)
Pierre-Auguste Renoir 1841-1919 Dance at Bougival The Museum of Fine Arts, Boston Market Summary 23-28 Feb 2026 *USA* ± US PPI grew 0.5% MoM in Jan, rose 2.9% on yearly basis, prices of services up 0.8%, the most since Jul -US national debt will surge to 140% of GDP within 5 yrs: IMF -US-Israel attack Iran; Trump says strikes will continue -US initial jobless claims up by 4000 to 212.000 + US construction spending rose 0.3% MoM in Dec, vs 0.2% decrease in Nov ± US average rate on 30-year fixed mortgage down to 5.98%, softest level since Sept 22, but still > double the 2.97% rate in 2021 -US number of home sale contracts signed in Feb fell to the lowest point since 2001, driven by high mortgage rates and low inventory -US travel panel to probe impact of revoking China's permanent normal trade status ± US intends to comply with the trade deal framework agreed on with China last year: USTR + OpenAI singed a deal with Pentagon for its AI t...