Macro Calendar: Feb 13, 2026 3:09 AM EST

Highlights:

• More US-sanctioned tankers arrive at Indian scrapyards as the ship-breaking industry increasingly accepts dark vessels to counter a downturn. Source

• Swiss inflation stayed just above zero in January, providing limited relief to the SNB amid pressure to reintroduce negative rates. Source

• Trump administration works to narrow broad steel and aluminum tariffs that companies find difficult to calculate and the EU wants scaled back. Source

• ECB still waiting to assess full economic impact of euro appreciation that began in 2025, according to Governing Council member Kazaks. Source

• BOJ hawk Tamura suggests spring could be possible timing for next rate hike, fueling speculation of early monetary policy move. Source

• European capitals discuss developing their own nuclear deterrent for the first time since the Cold War ended. Source