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"PHP remained under pressure despite BSP’s larger-than-expected 50bp rate hike to 5.50%. The decision reflects growing concerns over inflation persistence, with BSP raising its 2027 inflation forecast to 6% from 5.4%, amid elevated oil prices and potential El Niño-related food price pressures." "We remain cautious…
A daily rundown of the economic reports and corporate earnings that will be grabbing the market’s attention in the week ahead (8:30 a.m. ET) Canadian wholesale trade for September. Euro zone private sector credit (8 a.m. ET) U.S. building permits for September.
Banks California Canada CRE, the Epic Mess Credit Bubble Debtor Nation Drunken Sailors Europe Federal Reserve Housing Bubble 2 Inflation & Devaluation Japan Jobs Markets & Companies Oil, Gas, Power Trucks & Cars Trade & Transportation From the S&P Flash US PMI today: “October’s…
The single currency alternated gains and losses against the US Dollar (USD) this week, prompting EUR/USD to stabilise around the 1.1200 neighbourhood on Friday, while remaining unable to sustain its earlier bull run toward the 1.1260 zone. On the monthly chart,…
At the Sustainability Global Leaders Conference 2026, Fosun International Co-CEO Chen Qiyu outlined how Fosun Pharma is pushing Chinese drugs such as HANQUYOU into major overseas markets while stressing affordability, quality and wider patient access. The emphasis on original drug development,…
Social Security beneficiaries, military retirees and people receiving veterans benefits will see a 3.6% cost-of-living adjustment, or COLA, in 2027. The Social Security Administration’s COLA announcement Wednesday sets the rate of increase for about 72 million Social Security beneficiaries, but also for military…
XAG/USD hits fresh yearly low at $53.03, confirming bearish continuation. RSI approaches oversold territory as sellers maintain downward pressure. Break below $53.00 exposes $50.00, followed by $48.64 and $45.56. Silver price downtrend extended on Friday, losing over 1% after reaching a new yearly low of…
We researched popular savings accounts to find the minimum balance needed to avoid monthly fees and keep more of your money. Traditional banks often require you to maintain a minimum balance in your savings account. If you don't meet the…
A quick APY check can show whether $40,000 in savings earns about $1,600 a year or leaves most of that money behind. If you've built a serious cash cushion, it probably feels good to see that balance sitting there. Maybe it's emergency…
The Fed and ECB are likely to hold rates steady in October, while keeping December hikes on the table. Read more here. - The Fed and ECB are likely to hold rates steady in October, while keeping December hikes on the…