No CPI Surge in May But Inflation Above 4% Likely to Persist
Executive Summary: Near-term relief from surging inflation would strongly suggest an MB on hold and thus, bode well for risk asset market...
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Imminent Wage Hike Could Compel Rate Tightening in 3Q18
Executive Summary: In response to broadening disenchantment with rising inflation, Pres. Duterte ordered the regional wage boards (RWB) to review...
86 Views
When the Liquidity Lift from a Bank Reserve Cut Is Not Inflationary
For the 2ndtime this year, the Bangko Sentral ng Pilipinas (BSP) slashed the bank reserve requirement ratio by another 1% to 18% (effective June)...
81 Views
Who's In, Who's Out
From a non-lawyer's perspective, the expulsion of the Chief Justice (CJ) of the Supreme Court may be among the outcomes of regime change instituted...
93 Views
As Dollar Rebounds, EM and Europe Consensus Narrative Shaken
Overweight EM debt and the euro were two of the most consensus trades coming into the year, and I’ve been bearish - both are unravelling fast as...
112 Views