MNI BRIEF: Japan Q3 GDP To Be Slightly Revised Down

MNI: PBOC Net Drains CNY216 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Lower At 7.1865 Mon; -1.50% Y/Y

MNI: China CFETS Yuan Index Up 0.01% In Week of Nov 29

MNI BRIEF: PBOC Added Outright Repo For Ample Lqdty In Nov

MNI China Daily Summary: Friday, November 29

MNI: AUSTRALIA Q3 BIZ INDICATORS INVENTORIES -0.9%

MNI: AUSTRALIA OCT BUILDING APPROVALS +4.2% M/M, +6.1% Y/Y

MNI: AUSTRALIA NOV DWELLING APPROVALS +4.2% M/M

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

All Eyes On Fed Ahead Of Philippine GDP

PHP

Spot USD/PHP sits at PHP51.253, virtually unchanged on the day, with focus on today's Fed decision. A fall through Jan 12/5 lows of PHP50.955/50.900 would signal that bearish momentum is building, while bulls look for a clean break above the PHP51.500 figure, which marks recent cycle highs.

  • USD/PHP 1-month NDF last seen +0.040 at PHP51.390. Bulls look to a move through Jan 18 high of PHP51.950, while bears keep an eye on the 50-DMA at PHP50.831.
  • The Philippines' agriculture output rose 0.6% Y/Y in the final quarter of 2021, returning to growth after a 2.6% contraction recorded in the previous quarter.
  • Quarterly GDP and monthly trade data are due to hit the wires on Thursday.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.