Live Updates

19

Feb 2026
TD Securities’ strategy team expects January UK retail sales to cool and PMIs to ease somewhat

TD Securities sees UK January retail sales slowing to 0.1%, with PMIs easing after budget boost fades.

19

Feb 2026
Driven by hawkish Fed messaging, USD/CHF rebounds near 0.7750 as the Swiss Franc slips despite data

USD/CHF rose near 0.7750 as dollar strengthened; Swiss surplus widened, output fell; Fed minutes signaled cautious outlook.

19

Feb 2026
Bob Savage says oil’s rising prices now align less with the dollar, amid net selling flows

BNY says oil’s rally above $70 hasn’t strengthened the dollar, signaling a weakening oil–USD relationship.

19

Feb 2026
Spain’s three-year bond auction yield falls to 2.273%, down from the prior 2.341% reading

Spain’s three-year bond auction yield fell to 2.273% from 2.341%, signaling cheaper borrowing costs for Spain.

19

Feb 2026
Eurozone year-on-year construction output, adjusted for working days, slipped to -0.9% from -0.8%

Eurozone construction output, adjusted for working days, fell 0.9% year-on-year in December, worsening from 0.8%.

19

Feb 2026
Eurozone construction output rose 0.9% month-on-month in December, recovering from a previous 1.1% fall

Eurozone construction output rose 0.9% in December, rebounding from November’s 1.1% decline on a seasonally adjusted basis.

19

Feb 2026
ING’s Warren Patterson and Ewa Manthey say Brent rises on Iran tensions and Gulf supply risks

Brent oil climbed above $70 as Iran conflict fears threatened Hormuz flows; backwardation signals tighter market conditions.

19

Feb 2026
Spain’s five-year bond auction yield climbed to 2.577%, up from the prior 2.512%, market update

Spain’s 5-year bond auction yield climbed to 2.577%, up from 2.512%, a 6.5-basis-point increase.

19

Feb 2026
Spain’s 10-year Obligaciones auction yield dips to 3.167%, down from the prior 3.223% level

Spain auctions 10-year obligaciones; yield fell to 3.167% from 3.223%, down 0.056 percentage points.

19

Feb 2026
Under current rules, Schleich and Currie say the Fed has little room to shrink its $6.5tn balance sheet further

Fed has little room for further balance-sheet cuts; reserve regulations constrain QT, favoring small reinvestment tweaks.

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