Philippines GDP QQ (Q4) 0.6% vs Exp. 1.3% (Prev. 0.4%)
The Philippines' GDP growth of 0.6% in Q4 significantly misses expectations of 1.3%, though it shows an improvement from the previous quarter's 0.4%.
[MARKET ANALYSIS] T-note futures struggle for direction after yesterday's choppy performance and post-FOMC recovery
[MARKET ANALYSIS] Oil prices remain firmer after gaining amid geopolitical risks surrounding Iran
Philippines GDP QQ (Q4) 0.6% vs Exp. 1.3% (Prev. 0.4%)
Canon (7751 JT) Executive Vice President Kazuto Ogawa is to become President and COO
PBoC injects CNY 354bln via 7-day reverse repos with the rate at 1.40%
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This underperformance may trigger concerns about the overall economic momentum and could impact monetary policy considerations moving forward, especially as market participants reassess growth prospects in the region.
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