The Philippines outperforms Asian stocks.FX was suppressed as a focused rate

Article content

Most Asian currencies are mostly

The dollar recovered slightly,

Strengthening Inflation Stance by Federal Reserve Chairman

While the Philippines led a rally between stocks, there was pressure.

Indonesia and Taiwan’s share increased by 1.5%

each.South Korea won 0.7%, but most other wins

The currency of the region remained silent.

The easing monetary policy of the Central Bank of the Philippines

Narrowed down and ready to make adjustments when displayed

Article content

The signs that inflation expectations have ceased to take hold are:

The governor said prior to the financial authorities’ policy meeting

On thursday.

Manila’s share price rose 2% to a high of nearly two weeks.

The Philippine peso hasn’t changed much as a market

I was already expecting an increase of 25 basis points.

Repo transaction rate by Bangko Sentralng

According to most economists in Reuters polls, the Philippines (BSP).

The Federal Reserve said it would “keep pushing” to tighten the U.S. currency

Policies until it becomes clear that inflation is clearly retreating are growing concerns

Central banks may take a more hawkish approach.

“The US dollar is strong, so it’s not a good thing.

Many emerging market stocks and currencies

The debt is clearly US-denominated, “Junvum Kim said.

Article content

Sales trader at Saxo Capital Markets.

The greenback was bordered higher after three sessions

Slide and reduce the attractiveness of high-risk assets.

Asian market takes the lead from risk-on on Wall Street

Emotions, and some improved sentiments towards Chinese technology,

IG Market Strategist Yeap Jun Rong said.

China’s Deputy Prime Minister Liu makes soothing comments on the technology

Tuesday’s executives are government

Public list of sector development and technology

Companies have also raised their emotions across the board.

“Tencent’s results are being watched carefully today.

After JD’s earnings outperformance overnight

Resilience to the blockade of COVID-19 (China), “Jun Rong said.

Emerging Asian bonds saw a momentary outflow from foreign countries

Article content

April is one consecutive month due to rising US yields and concerns

Over the strict blockade of coronavirus in China.

“There is not much inflow of offshore capital.

(Emerging) markets and much of what we see today

The stock rally has to do with the salvation rally that has been recovering from before

several weeks. Whatever money was already in the domestic market

I was just blown there again, “Kim said.

Indonesian rupiah fell by nearly 1.3%

Due to the suspension of palm crude oil shipments on April 29,

0.3%, the lowest since November 2, 2020.

Jakarta’s share increased by 2.2% in tandem.

Global equity movement.

highlight:

** US retail sales grew strongly as a consumer in April

Buy more cars in the improvement of supply,

Article content

Increased spending in restaurants, acting as a catalyst for construction

At a worldwide relief rally on Wednesday.

** Top gain of Jakarta stock index includes red

Planet Indonesia Tbk PT rises 30.19%, Bank J Trust

Indonesia Tbk PT increased by 26.03%, Tigaraksa Satria Tbk PT

19.75% up

Asian stock indexes and currencies

At 0808GMT

COUNTRY FX RIC FX FX INDE STOCKS STOCKS

DAILY% YTD% X DAILY YTD%

%

Japan + 0.06-11.0<.n2>

China EC>

India +0.01-4.16<.ns ei>

Indonesian-0.27-2.96<.jk a se>

Malaysia-0.13-5.22<.kl se>

Philippi-0.13-2.78<.ps nes i>

Korea 11>

Singapore-0.09-2.66<.st e i>

Taiwan +0.07-6.80<.tw ii>

Thailand-0.32-3.58<.se ti>

(Report by Riya Sharma in Bangalore, edited by Rashmi Aich)