Germany HCOB Composite PMI came in at 53.1, above expectations (52.2) in February

Feb 20, 2026

Germany HCOB Manufacturing PMI above forecasts (49.6) in February: Actual (50.7)

Brent: Geopolitics lifts prices but outlook softens – OCBC

OCBC's Sim Moh Siong and Christopher Wong note that Oil has surged on escalating US–Iran tensions, lifting the Dollar and pressuring Oil‑importing currencies, with Brent now above USD70/bbl near its highest since June 2025.