Global Market Wrap | From Philippines to Asia | PinChuTV
The Philippine stock market declined this week as multiple pressures converged at once. The Bangko Sentral ng Pilipinas raised interest rates, inflation expectations climbed well above target, and rising oil prices driven by Middle East tensions added further strain. The PSEi fell below the six thousand level, with financial stocks leading the decline. Notably, the peso weakened despite the rate hike, highlighting the strength of external factors. This episode breaks down the move as a combination of policy tightening and structural vulnerabilities, and outlines the key signals to watch in the weeks ahead.
19 episodes
Comments
0Be the first to comment
Sign up now and become a member of the Global Market Wrap | From Philippines to Asia | PinChuTV community!