MNI BRIEF: China Small Lenders To Cut Deposit Rates Further

MNI BRIEF: China’s Hainan To Launch “Tourist Wallet”

MNI BRIEF: China March CPI Lower Than Market Expectation

MNI: PBOC Injects Net CNY2 Bln Via OMO Thurs; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.0968 Thurs; -4.96% Y/Y

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS THURS

Monthly GDP Indicator Contracts In February

MNI: NORWAY FEB MAINLAND GDP -0.2% M/M, AGG GDP -0.9% M/M

CHINA MAR FOOD PRICES -2.7% Y/Y VS -0.9% Y/Y FEB

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Peso Edges Higher With BSP Rate Decision Eyed On Thursday

PHP

Spot USD/PHP trades -0.011 at PHP52.425 as participants prepare for Thursday's rate decision from the BSP. Familiar technical contours remain in play, as bears eye support from May 12 low/50-DMA at PHP52.200/52.181, while bulls look to a breach of key resistance from PHP52.500.

  • USD/PHP 1-month NDF last seen +0.040 at PHP52.670. Bulls set their sights on May 9 high of PHP53.250, while bears look for losses past the 50-DMA at PHP52.394.
  • Ferdinand Marcos asked ex-Labour Sec Laguesma and overseas Filipino workers advocate Toots Ople to join his future Cabinet as Secretaries for Labour and Migrant Workers respectively.
  • Bangko Sentral ng Pilipinas will announce its monetary policy decision tomorrow and may fire the starting pistol on the tightening cycle. See our preview for more colour.
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.