Tag: Peso
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Peso weakness, stock volatility test Philippine markets ahead
The Philippine financial markets are entering another week with little room to breathe as the peso hovers near record lows and local stocks brace for another bout of volatility.
PSEi rally gains steam as stable peso lifts outlook
The stock market could be entering a stronger recovery phase after the Philippine Stock Exchange index (PSEi) broke through key resistance levels, with a stable peso adding to optimism that local equities can sustain their recent gains despite inflation concerns and geopolitical risks.
Hormuz risk keeps peso, PSEi on edge
Philippine financial markets are heading into the week on a cautious footing as renewed threats by Iran to potentially close the Strait of Hormuz inject fresh volatility into global oil supply expectations and inflation outlooks, according to Rizal Commercial Banking Corp. chief economist Michael Ricafort.
Easing inflation gives markets room to breath
After months of relentless pressure, Philippine financial markets may finally be getting some breathing space.
Inflation jitters weigh on Philippine peso, stocks
The peso and Philippine equities continued to face mounting pressure as investors grappled with persistent inflation concerns, global market volatility, and cautious sentiment over the domestic outlook.
