Philippine Core Inflation Rate YoY (Mar) Y/Y 3.2% (Prev. 2.9%)
The Philippine core inflation rate increased to 3.2% in March from the previous 2.9%, indicating rising price pressures that could influence monetary policy decisions.
PBoC sets USD/CNY mid-point at 6.8854 vs exp. 6.8773 (Prev. 6.8929)
PRE-MARKET CHINESE STOCKS NEWS: China's MOFCOM unveiled a framework to advance e-commerce development, Hong Kong markets remain closed
Philippine Core Inflation Rate YoY (Mar) Y/Y 3.2% (Prev. 2.9%)
Tanker explosion near the Bridge of Americas in Panama City caused a massive fire
Anthropic is planning to invest USD 200mln in a new venture with major private-equity firms and is in talks to raise USD 1bln for the venture
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This uptick may signal a tightening bias from the Bangko Sentral ng Pilipinas, potentially impacting the PHP against other currencies as traders adjust their expectations for interest rate adjustments.
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