Philippine markets are bracing for a hot inflation print, with the central bank flagging September price growth at its highest in over three years, keeping any hopes of rate relief
Philippine markets are bracing for a hot inflation print, with the central bank flagging September price growth at its highest in over three years, keeping any hopes of rate relief firmly on hold. Geopolitical friction with China near Taiwan waters adds another layer of uncertainty for investors already weighing fiscal and demand pressures. One bright spot, the pricing of the GCash owner Mynt's local IPO suggests some appetite for Philippine listings persists despite the macro headwinds.
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