Monthly Archives: March 2026
TD Securities says US consumer momentum weakens; real spending crawls into early 2026; Q1 soft, Q2 helped by refunds
Written on March 19, 2026 at 2:04 pm, by josephine
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
Written on March 19, 2026 at 2:03 pm, by josephine
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
Written on March 19, 2026 at 2:03 pm, by josephine
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
Written on March 19, 2026 at 2:02 pm, by josephine
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
Written on March 19, 2026 at 1:08 pm, by josephine
Spain’s five-year bond auction yield rose to 2.934%, up from 2.577% at the prior sale.
Spain’s 10-year Obligaciones auction yield rose from 3.167% previously, reaching 3.476% in the latest release
Written on March 19, 2026 at 1:07 pm, by josephine
Spain’s 10-year Obligaciones auction yield climbed to 3.476%, up 0.309 points from the prior 3.167%.
Switzerland’s central bank kept rates at 0%, meeting forecasts, as investors await Martin Schlegel’s policy guidance
Written on March 19, 2026 at 1:06 pm, by josephine
SNB holds policy rate at 0%, raises inflation forecasts, warns strong franc risks, cites Middle East uncertainty.
Sweden’s Riksbank leaves its interest rate unchanged at 1.75%, matching market expectations
Written on March 19, 2026 at 1:06 pm, by josephine
Sweden’s Riksbank held its policy rate steady at 1.75%, leaving the benchmark unchanged as expected.
Expectations matched as Switzerland’s SNB kept interest rates unchanged at 0%
Written on March 19, 2026 at 1:05 pm, by josephine
Swiss National Bank holds policy rate at 0%, meeting expectations, with no change in its latest decision.
Pesole expects mixed global central-bank cues to keep the ECB cautious, avoiding guidance amid oil sensitivities
Written on March 19, 2026 at 1:04 pm, by josephine
ECB likely avoids firm guidance amid oil-price sensitivity; March hawkish repricing amplifies impact, leaving euro mildly vulnerable.
