Analysis

The Philippines’ trade deficit widened in July, as growth in imports outpaced exports.

Elevated oil prices and stormy weather likely kept inflation elevated in August.

The BSP delivered another rate hike to quell emerging inflation pressures

Credit trading was mostly cautious on the lack of major catalysts, but new bond issuances from Indian banks garnered investor interest

The US Treasury’s decision to increase long-dated bond buybacks can shape market sentiment. Still, economic fundamentals matter, and investors should heed the signals.

Local bonds trade sideways as inflation risks keep hike bets alive. 

The local bourse is expected to trade sideways with a downward bias this week amid Middle East tensions and higher pump prices.

Stubborn upside risks to inflation compel the central bank to raise its policy rate further.

Robust US earnings may revive the AI supercycle, shake off July’s sell-off, and drive Asian technology stocks’ recovery.