MNI BRIEF: Inflation Risks Now Shifted To Downside-BOE Ramsden

MNI: Goolsbee Says Stalled Inflation Means Wait Before Moving

MNI China Daily Summary: Friday, April 19

MNI BRIEF: China Hog Market More Balanced In Q2 - Ministry

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

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

MNI: BAKER HUGHES US RIG COUNT 619; OIL RIGS 511; GAS RIGS 106

EZ/UK Bond Supply Calendar: EU, UK Synd W/C 22 Apr, BoE APF Mon

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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

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

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

Peso Gains Amid Recovery In Risk Sentiment

PHP

Spot USD/PHP trades -0.023 at PHP50.405 amid improvement in broader risk appetite. Losses past Nov 19 low of PHP50.220 would shift bearish focus to Nov 15 low of PHP49.775. On the topside, focus falls on Nov 22 high of PHP50.765 and a break here would expose Oct 22 high of PHP50.907.

  • USD/PHP 1-month NDF last -0.080 at PHP50.480. A dip through Nov 19 low of PHP50.290 would open up Nov 12 low of PHP49.820. Bulls need a clearance of Nov 23 high of PHP50.890 before targeting PHP50.920, which limited gains on Nov 3 & 4.
  • The gov't expanded its list of "red list" countries by seven European countries, on top of several African countries redlisted earlier, in a bid to prevent the Omicron variant from spreading into the Philippines.
  • The Philippine data docket is fairly empty this week, includes Markit M'fing PMI, due Wednesday.
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.