With the central bank hinting at a rate hike pause later this year and an oil price rollback, we may see the stock market rise this week. This, however, may be capped by continuing worries about the global banking system.
Analysts think a smaller 25-basis-point rate hike is more likely instead of 50 basis points because of concerns over the banking sector, whose stability will determine the market’s performance.
March 21, 2023Elevated prices are seen to stick around, pushing continued BSP intervention as the impact of second-round effects reverberate throughout the economy and as supply-side pressures and global headwinds persist.
March 8, 2023With rising expectations of higher inflation in February and more rate hikes, investors are carefully treading the market this week.
March 6, 2023Gains may be capped as investors price in more aggressive rate hikes from the US Fed
February 27, 2023With prudent strategies for coping with the pandemic and supporting the country’s economic reopening, Metrobank has exceeded pre-pandemic earnings
February 27, 2023