Country: PH | Published: 2026-09-22
Philippine markets show a mixed picture: the peso strengthened while stocks slipped, as fuel price spikes and expectations of softer third-quarter growth weighed on sentiment. The
Philippine markets show a mixed picture: the peso strengthened while stocks slipped, as fuel price spikes and expectations of softer third-quarter growth weighed on sentiment. The central bank is seen extending its tightening cycle through year-end, adding to the cautious tone. The newly concluded free trade deal with the EU drew a warm welcome from the European business community, offering a longer-term positive thread against those near-term domestic pressures.