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[Canada's Third Most Populous Province Plans To Cut 15,000 Public Sector Jobs, Spending And Debt Expected To Rise] British Columbia, Canada's Third Most Populous Province, Will Cut 15,000 Public Sector Jobs, Raise Personal Income Taxes, And Postpone Several Investments. However, The Province's Left-wing Government Has Avoided Deep Cuts To Its Massive Spending Plans And Expects Debt To Continue To Climb. "This Is Not A Budget Austerity Measure," Said BC Finance Minister Brenda Bailey At The Annual Fiscal Update In Victoria, The Provincial Capital
Food And Drug Administration (FDA) Director Makary Declared That The Trump Administration Is "very Supportive Of Vaccines."
[Russian And Ukrainian Militaries Continue To Strike Each Other] The Russian Ministry Of Defense Reported On The 17th That In The Past Day, Russian Forces Used High-precision Weapons And Drones To Launch Large-scale Attacks On Ukrainian Military Industrial Facilities, Energy Infrastructure Supplying The Ukrainian Military, And Drone Sites. Russian Air Defense Forces Shot Down Eight Ukrainian Guided-missile Bombs And 334 Fixed-wing Drones. In Addition, The Emergency Command Center Of The Krasnodar Krai In Southwestern Russia Said On The 17th That Multiple Locations In The Region Were Attacked By Drones, And A Localized Fire Broke Out At An Oil Refinery
On Tuesday (February 17), In Late New York Trading, S&P 500 Futures Closed Up 0.16%, Dow Futures Rose 0.10%, And NASDAQ 100 Futures Fell 0.13%. Russell 2000 Futures Fell 0.07%
On Tuesday (February 17), At The Close Of Trading In New York (05:59 Beijing Time On Wednesday), The Offshore Yuan (CNH) Was Quoted At 6.8852 Against The US Dollar, Down 8 Points From The Close Of Trading In New York On Monday. The Yuan Traded Within A Range Of 6.8813-6.8922 During The Day. On The Daily Chart, The Offshore Yuan Had Risen To 6.8810 On February 16
(US Stocks) The Philadelphia Gold And Silver Index Closed Down 3.14% At 406.62 Points. (Global Session) The NYSE Arca Gold Miners Index Fell 2.83% To 2884.06 Points. In Early Asian Trading Until 22:30 Beijing Time, It Fluctuated Narrowly Around 2960 Points, Maintaining A Slight Downward Trend. US Stocks Opened With A Gap Down, Hitting A Daily Low Of 2811.85 Points At 23:14, Before Gradually Recovering. (US Stocks) The Materials Index Closed Down 1.66%, And The Metals & Mining Index Closed Down 1.37%
Trump Immigration Approval Drops To 38%, Lowest Level Since Return To White House, According To Reuters/Ipsos Poll
On Tuesday (February 17), Spot Silver Fell 4.08% To $73.4851 Per Ounce In Late New York Trading, Hitting A Daily Low Of $72.0204 At 23:00 Beijing Time. Comex Silver Futures Fell 5.74% To $73.525 Per Ounce. Comex Copper Futures Fell 2.14% To $5.7370 Per Pound. Spot Platinum Fell 1.72%, And Spot Palladium Fell 2.14%
On Tuesday (February 17), Spot Gold Fell 2.30% To $4,877.79 Per Ounce In Late New York Trading, Trading Between $5,000.65 And $48,432.51, Continuing Its Downward Trend. Comex Gold Futures Fell 2.93% To $4,897.80 Per Ounce, Hitting A Daily Low Of $4,854.20 At 22:01 Beijing Time
Fitch On USA: Expect Trump Administration Would Use Alternative Authorities To Impose Tariffs If Needed
Fitch On US: Expect Congress To Have Little Appetite For Consolidation In Fy27 Appropriations Process Ahead Of Nov 2026 Midterm Elections
San Francisco Fed President Daly: Lack Of Jobs For New Grads Is Partly Cyclical, Partly Because Employers Are Uncertain About How Ai Will Impact Their Businesses

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