The Market Monitor Minding the Nation's Business
On the 3rd June, the governor of the Reserve Bank of India, Urjit Patel, had a chronicle in the Financial Times that was particularly interesting. It is already old news, but the very special fact that a central bank governor writes such a chronicle still deserves some attention. In addition, it is from the central bank of Asia’s third largest …
Points of View & Perspectives
June, 2018
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17 June
A weak EU against a weakened U.K.
The divorce between Britain and the EU is now approaching quickly as the deadline is 19th March next year, so the negotiations need to move on during the summer.
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10 June
Geraldine Roman: A New Breed Of Working Leader
When she was named one of the 100 Leading Global Thinkers in 2016 by US-based Foreign Policy magazine, Orani, Bataan should be very proud of. Actually, the nation should be very proud of. Geraldine Roman is the first transgender congresswoman elected in the Philippine Congress and was elected by tremendous victory.
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10 June
Oil price decides U.S. – China trade war
The threat of a trade war between the U.S. and China has cooled down, but the battle will return with renewed power.
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3 June
Sad tale of a prosecutor
President Rodrigo Duterte has recently named several government officials allegedly involved in nefarious smuggling operations at the Ninoy Aquino International Airport ( Naia).
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3 June
In June EU meets Italy’s debt mountain
It’s now likely that Italy’s new government is ready for the EU summit in Brussels on the 28th and 29th June, but the rhetoric already gets the full attention from the financial markets.
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3 June
PAL petitions for higher fuel surcharge
Philippine Airlines (PAL) expects to incur an additional cost of more than $146 million by end of 2018 due to higher fuel prices and weakening of the peso.
May, 2018
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20 May
Grand Tribute to Sen. Edgardo J. Angara,1934-2018
(For this special edition of the Wheelchair Observer, I borrowed this outstandingly crafted article by the University of the Philippines written by the MPRO on May 14, 2018. This is a special tribute of the Market Monitor Weekly to the passing of “the best President the Philippines could have”, former Senate President Edgardo J. Angara.) He was considered one of …
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20 May
U. S. economy towards a dangerous crossing
A development in the U.S. economy is increasingly exciting – the stress field is created by the unemployment rate, 10-year Treasury yield, and expected rate hikes from the central bank (Fed).
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6 May
Growing risk of Philippine currency crisis
Once again, the Philippine peso reached a new low towards the U.S. Dollar exchange rate, but it is up to the financial markets to decide its direction.