EZB8RISK / Market Briefing

Philippine markets are digesting a wider trade deficit in August alongside the central bank's warning that inflation could climb sharply in September, keeping price pressures at th

Philippine markets are digesting a wider trade deficit in August alongside the central bank's warning that inflation could climb sharply in September, keeping price pressures at the front of investors' minds. The government's beef import ban over mad cow disease adds a small wrinkle to food supply costs. Meanwhile, a major foreign bank naming a new country head signals continued international interest in the local financial sector even as sentiment stays cautious.

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