Why PHP Beyond 53 May Not Move BSP's Policy Rate
Executive Summary: The Monetary Board (MB) would react to a stronger USD only if it aggravates inflation expectations (IE) in succeeding quarters...
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Job Creation/Growth Priorities Dictate the Unemployment-Inflation Tradeoff
TRAIN (Tax Reform for Acceleration and Inclusion) in play and the government’s BBB (build, build, build) strategy are strong assurances of an...
170 Views
No CPI Surge in May But Inflation Above 4% Likely to Persist
Executive Summary: Near-term relief from surging inflation would strongly suggest an MB on hold and thus, bode well for risk asset market...
188 Views
Imminent Wage Hike Could Compel Rate Tightening in 3Q18
Executive Summary: In response to broadening disenchantment with rising inflation, Pres. Duterte ordered the regional wage boards (RWB) to review...
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Week Ahead in Global Macro: 'Spitaly' Returns?, Oil Drops, US NFP/PCE, EZ CPI, Turkey, China in MSCI
Our guide to this week’s global macro risk events and trading opportunities. This week in trade ideas: We are strategic short Brent oil (through...
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