FX Daily: Is gold telling us something about the dollar?
Gold
FX Daily: ECB slams brakes on growth and the euro
Volatility picked up in FX markets yesterday as the ECB traded the softening to a 50bp hike for an exceptionally hawkish message. News that one of the…
Philippines: trade data shows scars of lockdown
Philippines trade numbers knocked down by lockdown measures
The central bank raised policy rate by 25bps to 3.5% after last month’s tightening, in a bid to stabilise inflation expectations. We think another…
The central bank did not disappoint and raised policy rates by 25bp and revised inflation forecast, but we're unlikely to see another one before the…