Philippine Industrial Production YoY (Feb) Y/Y 4.6% (Prev. 2.7%)
The Philippine industrial production rose by 4.6% year-on-year in February, significantly up from the previous 2.7%.
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 Industrial Production YoY (Feb) Y/Y 4.6% (Prev. 2.7%)
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 notable increase could indicate improving economic conditions and may prompt discussions around potential adjustments in monetary policy as stronger growth may support tighter rates in the future.
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