Investment Tips3 MIN READ
Two investment strategies amid uncertain markets
Some investors may still feel apprehensive even after the US averted a debt ceiling disaster. Still, our chief markets strategist suggests to remain opportunistic, to think long term, and to consider these two ways to make money.
By Anthony O. Alcantara Read More
Currencies4 MIN READ
Philippine May dollar reserves slide
Philippine dollar reserves slipped at the end of May as the government paid its debt and the value of the central bank’s gold holdings decli...
By BusinessWorld Read More
Rates & Bonds3 MIN READ
Indian rates, Japan GDP in the spotlight
June 8 (Reuters) - An interest rate decision from India and revised Japanese GDP will be the big local drivers for Asian markets on Thursday,...
By Reuters Read More
Rates & Bonds2 MIN READ
Peso GS Weekly: Buy bonds at current levels
It’s wise to pick up peso government securities on any reversals higher in yields as local inflation continues to decelerate for the fourth consecutive month in May to 6.1%.
By Geraldine Wambangco Read More
Markets2 MIN READ
Gold slips 1% as US yields tick higher, focus still on Fed
June 7 (Reuters) - Gold prices fell 1% on Wednesday, weighed by an uptick in US bond yields, while investors looked forward to inflation data ...
By Reuters Read More
TODAY’S REPORT
June 9, 2023
The Gist
Your Morning Fix
- US equities inched higher, led by tech stocks, while 10-year US treasury yields dropped as optimism on a softening labor market indicated by the higher-than-expected jobless claims data made a strong case for the Fed to hold off from raising rates next week.
- US weekly jobless claims as of June 3 surged to their highest level of 261,000 since October 2021, exceeding economists’ forecast of 235,000.
- The Bangko Sentral ng Pilipinas (BSP) announced the cutting of the banks’ reserve requirement ratio by 250 basis points (bps) from 12% to 9.5% for universal and commercial banks and nonbank financial institutions, effective June 30, alongside the introduction of 56-day bills to manage the impact on liquidity.
- The Philippines’ manufacturing output measured by the volume of production index (VoPi) rose to a three-month high of 8.2% in April (vs 3.4% in March), indicating strong domestic demand, especially for food products, transport equipment, and other nonmetallic mineral products.
The Gist
EXCLUSIVE STORIES FROM METROBANKSTORIES FROM METROBANK
Exclusive Articles
Filter By Topic
Filter By Topic
Markets
Portfolio Picks
Wealth
Filter By Topic
Markets
Portfolio Picks
Wealth
Rates & Bonds
2 MIN READ
Peso GS Weekly: Buy bonds at current levels
It’s wise to pick up peso government securities on any reversals higher in yields as local inflation continues to decelerate for the fourth consecutive month in May to 6.1%.
Investment Tips
3 MIN READ
Two investment strategies amid uncertain markets
Some investors may still feel apprehensive even after the US averted a debt ceiling disaster. Still, our chief markets strategist suggests to remain opportunistic, to think long term, and to consider these two ways to make money.
Investment Tips
3 MIN READ
US dodges default. What’s next?
Now that a default crisis in the US has been averted, we look at how this resolution could move short-term US yields in the near term, and the opportunities that await investors.
Economy
0 MIN READ
Inflation Update: Inflation to go down further in 2024
May 2023 saw a drop in both headline and core inflation, confirming a downward trajectory for inflation moving forward. As a result, Metrobank adjusted its 2024 inflation forecast to reflect this encouraging trend.
Economy
2 MIN READ
Our call: 6.1% inflation print for May 2023
The country’s Inflation continues to cool down. We may see the benchmark interest rate kept stable in the BSP’s next monetary board meeting.
Rates & Bonds
7 MIN READ
Radar Report: Continue investing tactically
The central bank’s “prudent pause” in rate hikes has given investors the opportunity to recalibrate their bond portfolio strategy.
FROM OUR PARTNERS
Philippine News
Worldwide News From ReutersFrom Around The Globe
Money Sense
Investment Tips1 MIN READ
Portfolio Management: Balancing short-term and long-term through laddering
Short-term and long-term investments have their advantages and limitations. How do you get the best of both worlds?
Investment Tips2 MIN READ
Got a time horizon of 3 to 5 years? Here’s what to do with your money
Knowing where to put your money is not a one-size-fits-all endeavor. However, Fernand “Toto” Tansingco, head of Metrobank’s financial markets sector, said understanding time-tested principles and having a long-term outlook can help.
Investment Tips3 MIN READ
Asia Credit: Four lessons learned in 2022
It may be time to recalibrate your bond portfolio. CreditSights, an award-winning global credit research provider, recently shared with our high-net-worth clients four things they learned and where to look for bonds to invest in.
Investment Tips4 MIN READ
What do you do with your portfolio when inflation is soaring?
There are a few things you can do to preserve your wealth in these times: Be patient. Don’t panic. Consider your time horizon
Investment Tips3 MIN READ
Which financial asset is suitable for you?
From savings accounts and bonds to UITFs and derivatives, there are options for specific types of investors.
Explainer Articles
Explainer
4 MIN READ
What is the Reserve Requirement Ratio?
To ensure that there is available cash ready to be distributed to customers, central banks, like the BSP require all banks to set aside a specific amount in their cash reserves. This is a solution against panic.
Key Points
- What are Reserve Requirements?
- What is the purpose of the RRR?
- What is the effect of an RRR cut/hike?
Videos
Get More Insights
Webinars
See All Webinars
Estate Planning: Building a Legacy for the Future
Watch this webinar to get a head start on estate planning. November 8, 2022
Outlook 2022: Recover. Restart. Rebalance.
Watch this episode of the Market Movers entitled “Outlook 2022: Recover. Restart. Rebalance. March 31, 2022
Diversify Across the Globe with the Metro$ World Equity Feeder Fund
Watch Metrobank’s exclusive webinar, Diversify Across the Globe with the Metro$ World Equity Feeder Fund, which highlights how you can diversify your portfolio and make your US dollars work for you. November 23, 2021Webinars
Strategy Updates
Strategy Update October 2022
This contains the strategy update of Metrobank as of October 6, 2022.
