Because of the commitment to bring down the budget gap, investors are now rewarding the government through fresh foreign direct and portfolio investments. |
Fund managers are starting to liquidate their positions in the market. Given this trend, the best time to buy stocks would be during Holy Week. |
I think there's still a possible rate hike if the Fed rate goes above 5 percent and oil prices remain high. |
It is a calibrated and preemptive response to rising inflation. They are more concerned with containing inflation pressures arising from higher value-added tax and crude oil prices. |
Next week, I expect the peso to test 51. |
Next week, I expect the peso to test 51. With the lifting of the state of emergency, the focus of financial markets will shift back to fundamentals. |
The central bank is trying to combat persistent inflationary pressures. This is a signal to the market that interest rates have bottomed out and we should expect more increases. |
The change itself should be positive for the market. |
The flows are getting bigger. We're sending more workers and we're sending more teachers compared with entertainers. So when they remit, it's bigger. |
The lifting of the state of emergency is a clear signal that the threats against the government have been neutralized more so this would boost financial markets, particularly the peso. |
The market is reacting to ongoing concerns of a threat to oust the president. |
The peso attempted to breach the 53 level for the first time in over two years. The next target would be for the peso to reach the 52-to-a-dollar level. |
The peso is likely to test the 51-to-one levels as early as next week. |
The present move seems to be targeting the 50.40-50.45 levels. |
The recent falls should be taken as an opportunity to buy ahead of the index change in April. |