Philippines CPI YY (Dec) 1.8% vs Exp. 1.4% (Prev. 1.5%)
The Philippines' CPI for December came in at 1.8%, surpassing expectations of 1.4% and slightly up from the previous month's 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)
Philippines CPI YY (Dec) 1.8% 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 is likely to prompt discussions about potential implications for monetary policy, potentially indicating more inflationary pressure than anticipated, which could influence the central bank's approach to interest rates moving forward.
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