About: davin
Recent Posts by davin
TD Securities says US consumer momentum weakens; real spending crawls into early 2026; Q1 soft, Q2 helped by refunds
US consumer spending slows into 2026; weak Q1 base, modest February gains, rising labour and inflation risks.
BBH’s Elias Haddad says USD/CAD hovers near 1.3735 as BoC hints hikes if energy remains elevated
USD/CAD hovered near 1.3735 as BoC held rates, dropped guidance, and energy inflation risks rose.
Fourth-quarter Eurozone Labour Cost Index rose 3.3%, indicating higher employee compensation costs across the region
Eurozone Labour Cost Index increased 3.3% in Q4, reflecting annual growth in hourly labour costs across member states.
TD Securities economists say the FOMC held steady; Powell minimised the SEP; late-summer patience may expire
Powell downplayed projections as Fed holds steady; oil-driven inflation could delay cuts; TD sees easing from 2026.
Spain’s five-year bond auction yield reached 2.934%, rising from the previous 2.577% yield
Spain’s five-year bond auction yield rose to 2.934%, up from 2.577% at the prior sale.
