Philippine Inflation Rate YoY (Dec) Y/Y vs. Exp. 1.4% (Prev. 1.5%)
The Philippine inflation rate for December came in at 1.4%, slightly below expectations and down from the previous month’s rate of 1.5%.
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 YoY (Dec) Y/Y vs. Exp. 1.4% (Prev. 1.5%)
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 marginal decline might imply a continued softening in price pressures, which could influence the central bank’s upcoming policy decisions regarding interest rates, maintaining a focus on supporting growth amidst low inflation.
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