parang kamukha nung Oil Index yang Dollar Index?
double whammy ah![]()
Another north korean missile launch or bomb test will pressure the dollar
I'm saying this now
Feels like something's gonna happen
with another rate hike unlikely
nothing to back up PHP now
fundamentals not on the side of PHP
current acct deficit / balance of payment
weakening bias
Does this mean eto na yung pagtaas ng mga commodities being expected when China reopens?
Signature
yup
pero humihina ang demandHONG KONG -- China's gradual emergence from zero-COVID limbo promises to boost its economic growth but poses a double-edged sword, as the reopening of the world's No. 2 economy could fan global inflation that has been showing some signs of easing.
While China has not fully reopened to the rest of the world and continues to grapple with coronavirus outbreaks, it has signaled a desire to reconnect after significantly easing restrictions following large protests. Those rules, enforced for nearly three years, caused massive economic disruptions and reduced demand for oil, gas and raw materials, as China is normally the largest importer of such commodities.
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Maybe I should take a vacation in the PH. Too bad I can't do it until next year. The slots for this year are already taken up.
BDO US$ Selling= 46.35
https://www.bdo.com.ph/mobile/forex
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BDO US$ Selling= 46.35
https://www.bdo.com.ph/mobile/forex