DBS Group Research economists Radhika Rao and Chua Han Teng note that Bangko Sentral ng Pilipinas (BSP) raised its policy rate by 25 bps to 5.0% to anchor inflation expectations and support the Peso. Philippine Peso (PHP) is the only ASEAN-6 currency weaker in 3Q26 versus the Dollar, and DBS…
Headlines
See All
DBS Group strategists Taimur Baig and Nathan Chow expect Bank Negara Malaysia (BNM) to keep its Overnight Policy Rate unchanged at 2.75% on September 3, maintaining the stance adopted after its July 2025 insurance cut. They highlight contained Malaysian inflation and robust 2026 growth near 5%, arguing there is little urgency for rate hikes despite some market expectations.BNM expected to stay on hold”We expect BNM to maintain its Overnight Policy Rate (OPR) at 2.75% on…
AUD/USD retreats 0.30% on Friday to trade around 0.7170 at the time of writing, correcting…
The situation is relatable to anyone who has been in a parent WhatsApp chat: one…
Most Popular
Finance news
View More
Just weeks after my 28th birthday, I arrived in Burgenland, a wine region south of Vienna, to work at a natural wine domaine.Fresh off of quitting my full-time job in California, I planned to travel indefinitely, hopping from country to country by way of the wine harvest.I didn’t have the…
Business
View MoreFederal Reserve Chair Kevin Warsh on Friday delivered his first keynote at the annual monetary policy conference in Jackson Hole, Wyoming, against a backdrop of uncertainty over inflation, as well as how he will guide policymakers as they consider interest rate moves. Warsh’s speech comes as the Federal Reserve has held interest…
Markets
View More
Vivian Tu spent her first years out of college on a trading desk. While working at JP Morgan, she noticed something about the wealthy people she worked around: they didn’t dress like it.”Nobody really had that fancy of stuff,” Tu, who got our attention as our “Rich BFF” thanks to…
