Philippine Inflation Rate YoY (Feb) Y/Y 2.4% vs. Exp. 2.4% (Prev. 2.0%, Rev. From 2%)
The Philippine inflation rate at 2.4% in February matches expectations and represents a notable increase from the previous 2.0%.
South Korea President Lee says need to counter volatility increase in financial markets and need to pay attention to energy prices and supply, reiterates KRW 100tln program is on standby to stabilise markets
PRE-MARKET CHINESE STOCKS NEWS: China set official growth target for 2025 at 4.5%-5.0%, as expected (prev. around 5%)
Philippine Inflation Rate YoY (Feb) Y/Y 2.4% vs. Exp. 2.4% (Prev. 2.0%, Rev. From 2%)
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Taiwan Export Orders surged 60.1% Y/Y in January
IDF says rockets were fired from Iran towards Israel and defense systems are intercepting the threat
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This stability could support the central bank's current policy stance, suggesting no immediate need for monetary adjustments, while also reflecting broader trends in inflation dynamics in the region. Market participants should watch for any implications on currency movements and related asset classes.
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