The Philippine peso strengthened on Thursday
Asian shares before the central bank’s rate decision
A Wall Street track on Mount Concerns Rising
Inflation is eating into retail demand and could be a start
The economic downturn.
Shares of India and Taiwan fell more than 2%
Each, leading losses in Asian equities.
Overnight on Wall Street, earnings updates from retail
Giants have tarnished global market sentiment with Target Corporation
A large margin injury warning and due to increasing fuel
It has halved its quarterly profits as freight costs reported.
Walmart Inc warns of a similar stress.
This is the worst loss of one day for S&P 500 and Dow Jones
Industry average from June 2020.
Ahead of a policy meeting on Thursday, Banco Central Ng
The Philippines (BSP) says it has to maintain space constraints
Monetary policy was shrinking in the face of rising inflation and
The economy is returning to pre-epidemic levels.
Stocks in Manila fell 0.7%, in line with others
Regional equity, while the Philippine peso has risen
0.2%, markets expected an increase of 25 basis points in contrast
Repurchase benefit rate, according to most
Economists in a Reuters poll.
“The Philippines is strong, given the strong growth trajectory
The first quarter GDP, and the fact that inflation is somewhat off
The goal, now seems to be the right time to start the policy
Normalization, “said Khun Goh, ANZ’s head of Asia research.
Regional currencies also came under pressure, even
The U.S. dollar weakened, as the feeling of risk after the U.S. was fragile
Federal Reserve Chair Jerome Powell ratcheted up the hawk
On Wednesday, the bank said that the interest rate will be pushed
High rates as needed to curb inflation.
South Korean shares fell more than 1% during the victory
A net worth of 46.3 billion won ($ 36.37 million)
The main board.
U.S. bond yields fall and the curve is flat, following
The equity market has seen the risk-off mood that investors are looking for
The demand for safe resources.
The Indonesian rupiah was under pressure
Feelings of repressed risk and bond outflows, while falling 0.2%
Long-term bonds in Singapore, seen as a safe haven
Bet, saw yield 45 basis point slip 2.715%.
** In the Philippines, the top index loser is SM Investments Corp৷
-3.45% lower at 840 pesos; International container
Terminal Services Inc. fell -1.93% to 213.6 pesos;
** Central Bank of Sri Lanka’s main lending and borrowing
The rate stabilized on Thursday following a huge 700 basis points
The requirements for increase and reiteration have been reiterated in previous meetings
More financial arrangements and political stability in the economy
Asia Stock Index and
Currency at 0439 GMT
Country FX RIC FX FX Indie Stocks Stocks
Daily% YTD% X Daily YTD%
Japan -0.47 -10.6 <.n2>
India -0.09 -4.28 <.ns ei>
Indonesian -0.20 -3.16 <.jk a se>
Malaysia -0.14 -5.35 <.kl se>
Philippians +0.17 -2.62 <.ps nes i>
Singapore +0.36 -2.73 <.st e i>
Taiwan -0.17 -6.96 <.tw ii>
Thailand +0.12 -3.52 <.se ti>
(Reporting by Riya Sharma in Bangalore; Editing by Sam Holmes)