Philippine Inflation Rate MoM (Dec) M/M vs. Exp. 0.3% (Prev. 0.2%)
The Philippine inflation rate for December came in at 0.3% month-on-month, slightly exceeding expectations and the prior month’s 0.2%.
Shooting reported near presidential palace in Caracas, although Venezuelan government says situation is under control
Irish AIB Services PMI (Dec) vs. Exp. 58 (Prev. 58.5)
Philippine Inflation Rate MoM (Dec) M/M vs. Exp. 0.3% (Prev. 0.2%)
US House Speaker Johnson says not expecting US troops on the ground in Venezuela, according to Bloomberg's Erik Wasson
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Hon Hai (2317 TT) Q4 (TWD) rev. rose 22% Y/Y to 2.6tln (exp. 2.4tln)
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This beat suggests a potential uptick in inflationary pressures, which could influence central bank policy considerations moving forward, particularly regarding interest rate adjustments.
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