
PSEi drops 69 pts. after 4-day rally
Gold prices surged to an all-time high, which he said is driven by escalating tensions in the Middle East and optimism surrounding monetary easing
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Gold prices surged to an all-time high, which he said is driven by escalating tensions in the Middle East and optimism surrounding monetary easing




Continued market rally was based on optimism of an expected Fed rate cut after a policy meeting today, Wednesday. Ayala Corporation was top index gainer,…


All sectors gained, with Services strengthening the most by 3.12 percent, followed by Banking, up by 2.15 percent, and Property by 1.91 percent.

Sentiment got a boost from US equities, which rose after a cooler-than-expected PPI report, with attention now on Wednesday’s CPI release

The survey was conducted from 23 June to 1 July. It showed that 65 percent were satisfied with VP Duterte’s performance, while 21 percent were dissatisfied.


‘The rice tariff rate cut is expected to eventually cool prices significantly.’




On a monthly basis, headline PCE is expected to have grown by 0.1 percent and by 2.5 percent from 12 months earlier, according to economists polled by Dow…




