Investment Tips2 MIN READ
Don’t miss out on these tactical GS trades
If you followed our recommendation to take profit from long-term peso government securities (GS) last month, good for you. Now we believe it’s time to reinstate your positions with the upcoming auctions in June.
By Patty Membrebe Read More
Currencies3 MIN READ
Dollar flexes its muscles
May 30 (Reuters) - Global trading volumes return to more normal levels on Tuesday as US and UK markets re-open after their one-day holidays, w...
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April forex recap: Mixed reactions on USD amid crises
The US dollar’s value remains to be in a roller coaster state after being battered by the collapse of several US banks, plus a debt ceiling crisis. Still, there are silver linings that highlight the demand for US dollar-denominated instruments, particularly US treasury bonds, as safe havens.
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In the Market: Amid the calm, the Fed brews the next storm
May 29 (Reuters) - Having navigated the financial crisis of 2008, Neel Kashkari worries about systemic risks. But now, as a US monetary policy...
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Gold steadies in thin trading as US debt deal weighs
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TODAY’S REPORT
May 30, 2023
The Gist
Your Morning Fix
- US equity futures edged higher, while Treasury futures rallied amid cautious optimism that a suitable debt ceiling deal can be reached.
- The White House and Republican congressional leaders geared up lobbying campaigns to pass the debt ceiling bill and got early endorsements from prominent moderate lawmakers before the whole Congress votes on it this week.
- Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla sees year-on-year inflation for May to be significantly lower due to high base effects. This could ease to below 2% in January 2024 as the base effects wane.
- The National Government’s (NG) budget surplus rose to PHP 66.8 billion in April from PHP 4.9 billion a year ago, driven by the seasonal increase in tax collections.
The Gist
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Currencies
5 MIN READ
April forex recap: Mixed reactions on USD amid crises
The US dollar’s value remains to be in a roller coaster state after being battered by the collapse of several US banks, plus a debt ceiling crisis. Still, there are silver linings that highlight the demand for US dollar-denominated instruments, particularly US treasury bonds, as safe havens.
Investment Tips
2 MIN READ
Don’t miss out on these tactical GS trades
If you followed our recommendation to take profit from long-term peso government securities (GS) last month, good for you. Now we believe it’s time to reinstate your positions with the upcoming auctions in June.
Equities
5 MIN READ
Stock Market Weekly: Relief rally seen amid possible deal on US debt ceiling
A deal about the US debt ceiling is on the horizon, which is good news for the local stock market this week. The MSCI rebalancing will also spur trading.
Investment Tips
4 MIN READ
Unraveling the debt ceiling drama: What to do with your bond portfolio?
The continuing impasse in debt ceiling talks puts pressure on high-yield bonds, potentially leading investors to demand higher yields for higher-risk bonds. However, a barbell strategy for investment-grade bonds, especially those with higher ratings, looks promising.
Investment Tips
4 MIN READ
Are REITs becoming appealing again?
With the recent rate hike pause of the central bank, investors may want to revisit real estate investment trusts (REITs).
Rates & Bonds
2 MIN READ
Peso GS Weekly: Continue to be nimble
It is better to load up in the upcoming auctions. For those not in a rush for long-tenored peso bonds, there’s still value in short-dated ones.
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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?
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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.
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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.
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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
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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
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What drives the price of gold?
Many investors still think gold is a safe haven amid today’s economic risks. Indeed, gold has an intrinsic and tangible value that goes far beyond time and can shape global economies.
Key Points
- Why is gold considered a safe haven?
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Watch this webinar to get a head start on estate planning. November 8, 2022
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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.
