TDS
-

US Dollar: Supported by higher-for-longer Fed stance – TD Securities
TD Securities’ US Economic Outlook suggests a higher-for-longer Federal Reserve stance that is typically supportive for the US Dollar. The bank sees stagflationary risks…
Read More » -

Australian Dollar: Jobs miss secures June pause – TD Securities
TD Securities analysts note Australia’s April jobs report disappointed, with a 18.6k employment drop and unemployment jumping to 4.5% despite…
Read More » -

ECB: Expected to hold rates with hawkish risks – TD Securities
TD Securities strategists expect the European Central Bank (ECB) to leave the deposit rate at 2.00%, reiterating a meeting-by-meeting approach…
Read More » -

BoC: Cautious hold as oil lifts inflation – TD Securities
TD Securities strategists expect the Bank of Canada (BoC) to keep its policy rate at 2.25%, with a cautious statement in the…
Read More » -

Silver: Inflation shock threatens demand – TD Securities
TD Securities’ commodity team highlights that Silver has already fallen sharply since the conflict began and could face further downside if inflation…
Read More » -

BoC: Cautious hold and two‑sided risks – TD Securities
TD Securities strategists, including Andrew Kelvin and colleagues, expect the Bank of Canada to keep the Overnight Rate at 2.25%…
Read More » -

USD: Fed politics skew downside risks – TD Securities
TD Securities strategists argue that Kevin Warsh’s path to the Fed chair and related independence concerns mostly point to a…
Read More » -

USD: Labor data supports resilience – TD Securities
TD Securities reports that United States labor market data surprised slightly on the positive side, with initial jobless claims below expectations and…
Read More » -

CNY: Trade normalization and growth risks – TD Securities
TD Securities expects China’s March exports to normalize after a strong Jan–Feb report, while imports could surprise on the upside…
Read More » -

NZD: RBNZ tightening bias and earlier hike risk – TD Securities
TD Securities analysts review the latest Reserve Bank of New Zealand (RBNZ) decision, noting the cash rate was held at…
Read More »


