With an eye on Filipino c.bank, an Asian stock that has been squeezed by growth concerns
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Philippine peso settled on Thursday
Asian stocks prior to central bank interest rate decisions
Track Wall Street Fall with Rising Concerns
Inflation is digging into retail demand,
Economic slowdown.
Shares in India and Taiwan have fallen by more than 2%
Each leads losses among Asian equities.
Renewal of retail revenue overnight on Wall Street
Giants hurt global market sentiment at Target Corp
Warning of increased margin hits due to rising fuel
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Fares that reported quarterly profit halved.
Walmart Inc warned of similar pressures.
It was the worst day loss for the S & P 500 and Dow Jones
Industry average since June 2020.
Bangko Sentral ng prior to Thursday’s policy meeting
The Philippines (BSP) stated space to maintain capacity
Monetary policy shrinks as inflation risk rises
The economy has returned to pre-pandemic levels.
Manila shares fell 0.7% alongside others
Regional stocks while the Philippine peso is rising
0.2%, market expected to rise 25 basis points on the contrary
According to most people, the repo transaction rate
Reuters poll economist.
“Given the stronger growth trajectory of the Philippines, it is stronger
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First quarter GDP and the fact that inflation is a little off
Target, now seems like the right time to start policy
“Normalization,” said Khoon Goh, head of Asian research at ANZ.
Local currencies were also under pressure,
The US dollar fell as risk sentiment remained vulnerable after the US dollar
Federal Reserve Chairman Jerome Powell rakes in hawks
Wednesday’s rhetoric saying banks will push up interest
The highest rate needed to stop inflation.
Korean stocks fell more than 1% while the won won
Sold shares worth 46.3 billion won ($ 36.37 million)
Main board.
US bond yields have fallen and the curve has flattened.
Stock market risk-off mood demanded by investors
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Demand for safe assets.
Indonesian rupiah
It curbed risk sentiment and bond outflows, down 0.2%.
Singapore’s long-term debt, which is considered a safe haven
Bet and saw yields are down 45 basis points to 2.715%.
highlight:
** In the Philippines, the top index loser is SM Investments Corporation
At 840 pesos, it decreased by -3.45%.International container
Terminal Services Inc was down -1.93% at P213.6.
** Central Bank of Sri Lanka makes major loans and borrowings
Thursday’s rate is stable following a large 700 basis points
Increased at the last meeting,
More fiscal measures and political stability in the economy
With Asian stock indexes
0439 GMT currency
COUNTRY FX RIC FX FX INDE STOCKS STOCKS
DAILY% YTD% X DAILY YTD%
%
Japan-0.47-10.6<.n2>
China
India-0.09-4.28<.ns ei>
Indonesia-0.20-3.16<.jk a se>
Malaysia-0.14-5.35<.kl se>
Philippi +0.17-2.62<.ps nes i>
Korea
Singapore +0.36-2.73<.st e i>
Taiwan-0.17-6.96<.tw ii>
Thailand +0.12-3.52<.se ti>
(Report by Ria Sharma in Bangalore, edited by Sam Holmes)
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With an eye on Filipino c.bank, an Asian stock that has been squeezed by growth concerns
Source link With an eye on Filipino c.bank, an Asian stock that has been squeezed by growth concerns