News

End-May 2024 GIR Level Rises to US$104.48 Billion

PDate: 6/7/2024
Content: The country’s gross international reserves (GIR) level, based on preliminary data, rose to US$104.48 billion as of end-May 2024 from the end-April 2024 level of US$102.65 billion.1 The latest GIR level represents a more than a...

News

7 Jun 2024

Funds Are Booking Big One-Day Windfalls Buying Private-Equity Stakes

Firms are dramatically marking up stakes bought on the secondary market.

News

7 Jun 2024

FTSE 100, DAX 40 and S&P 500 await US Non-Farm Payrolls report

Outlook on FTSE 100, DAX 40 and S&P 500 ahead of US May Non-Farm Payrolls and average hourly earnings data.

Forex

7 Jun 2024

Citicore Renewable Energy Corp. lists P5.3B IPO shares

Citicore Renewable Energy Corporation (CREC) marked its stock market debut on the Philippine Stock Exchange (PSE) with the listing of 1.78 billion primary and 178.57 million overallotment shares on the main board of the Exchange. CREC raised Php 5.30 billion from its IPO, which will be mainly used for the development of solar energy power…

News

7 Jun 2024

NFP Preview: Is the US Job Market Finally Weakening?

Months of restrictive monetary policy have had little effect on the labour market but recent jobs data suggests we may be approaching a steady decline

Forex

7 Jun 2024

Ethereum Surge: $22K Forecast, DICT Unveils eGOVchain, and Paxos Introduces USDL

Be updated on all things crypto today with Coins ATBP., your weekly crypto news round-up.

7 Jun 2024

2K YGG Trading Competition

A 2,000 $YGG (worth over Php 120,000) rewards pool is up for grabs and you could be one of 300 traders to score up to 30 YGG (P1,800+) each!

7 Jun 2024

BSP Rediscount Rates Effective 10 June 2024

PDate: 6/7/2024
Content: Effective 10 June 2024, the applicable rediscount rates for the Bangko Sentral ng Pilipinas (BSP) Peso Rediscount Facility and Exporters’ Dollar and Yen Rediscount Facility are as follows:a. Peso Rediscount F...

News

7 Jun 2024

A Brief Guide For Registering Your Sun Cellular Sim

A Sun cellular SIM card has developed into an essential tool in the fast-paced digital era, linking us to the enormous world of communication and information. For smooth connectivity and trouble-free mobile services, a registered SIM card is essential ...

News

7 Jun 2024

Devcon Scholars Program Returns for Devcon SEA!

We are excited to announce the return of the Devcon Scholars Program for Devcon Southeast Asia! Bringing together builders from diverse geographies and disciplines, the Devcon Scholars Program offers more than just a scholarship to attend Devcon – it a...

7 Jun 2024

ZAR Update: ANC Seeks Broad ‘Unity’ Government as Coalition Talks Continue

The South African Rand has surrendered a lot of ground as the uncertainty around the new coalition government hangs in the balance

Forex

6 Jun 2024

US Dollar Slips Further, Gold Nudges Higher, Bitcoin Poised for a New ATH

US Treasury yields remain in a downtrend and that’s hurting the dollar. Gold continues to recover while Bitcoin eyes a new all-time high.

Forex

6 Jun 2024

ECB Cuts Interest Rates as Expected, Upward Revisions to Inflation and Growth Lift the Euro

The ECB marked a historic moment, initiating a cutting cycle before the Fed. The euro rose on the back of upward revisions to both inflation and growth in 2024

Forex

6 Jun 2024

Manila Zoo Entrance Fees and Attractions: Your Ultimate Guide!

Enter the wild thrills of the Manila Zoo, where adventure and nature meet peacefully in the center of a busy city. For nature lovers and curious explorers alike, the realm of enchantment and discovery that lies beyond its walls promises a unique experi...

News

6 Jun 2024

Nasdaq 100 at new record, while Dow and CAC40 also move higher

Indices have seen fresh gains, with the Nasdaq 100 in particular rallying to a new record high.

Forex

6 Jun 2024

British Pound (GBP) Latest – GBP/USD and EUR/GBP Technical Outlooks

Sterling continues to push higher against a range of currencies with GBP/USD eyeing a fresh three-month high and EUR/GBP a 22-month low.

Forex

6 Jun 2024

Monetary Board Cancels Registration to Operate as Remittance and Transfer Company (RTC) with Money Changing/Foreign Exchange Dealing (MC/FXD) Activities of NIKKO FOREIGN EXCHANGE

PDate: 6/6/2024
Content: The Monetary Board, in its Resolution No. 1571.A dated 27 October 2022, approved the cancellation of the Bangko Sentral ng Pilipinas (BSP) Money Service Business (MSB) registration of NIKKO FOREIGN EXCHANGE (Nikko FX) to opera...

News

6 Jun 2024

Learn & Earn Tether ($USDT) Winners

The results are in! Congratulations to the 50 winners who will each receive 10 USDT (Php 580+) from the USDT Learn & Earn competition.

6 Jun 2024

How to Register SMART Sim Card 2023

Are you looking for an easy way to get started with your SMART sim card? Look no further – we’ve got you covered! With the latest Smart 2023 registration process, it’s easier than ever to enjoy all that SMART has to offer. We’re here to guide you throu...

News

5 Jun 2024

US Dollar Sell-Off Stalls After Strong US ISM Services Report; NFPs Released on Friday

Strong ISM services data has helped to stem the recent US dollar sell-off with the business activity index seen at its highest level since November 2022.

Forex

5 Jun 2024

What are the Most Affordable Hotels and Resorts in Lapu-Lapu City?

Lapu-Lapu City in Cebu, Philippines, offers an idyllic tropical escape with its pristine beaches, vibrant marine life, and rich cultural heritage. Known for its world-class resorts and stunning landscapes, Lapu-Lapu City caters to travelers of all budg...

News

5 Jun 2024

BoC Cuts Rates as Inflation Settles into Target Range, CAD Weakens

The Bank of Canada cuts rates to 4.75% as inflation settles into the target range. Wages, house prices and geopolitical uncertainty still pose risks to the outlook. Dovish repricing seen in CAD

Forex

5 Jun 2024

FTSE 100, DAX 40 and S&P 500 recover from their recent lows

Outlook on FTSE 100, DAX 40 and S&P 500 ahead of probable 25 bps ECB rate cut.

Forex

5 Jun 2024

Hibbett shares fall as Q1 sales miss analysts’ estimate

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News

5 Jun 2024

Gold (XAU/USD) Looking Technically Oversold, US Data, NFPs Key for Next Move

Gold is looking oversold according to one technical indicator, and any weak US data may see the precious metal turn higher in the short-term

Forex

5 Jun 2024

May Inflation Rises to 3.9 Percent

PDate: 6/5/2024
Content: Headline inflation increased to 3.9 percent year-on-year in May from 3.8 percent in April. This is within the BSP’s forecast range of 3.7 – 4.5 percent for the month. The resulting year-to-date average of 3.5 percent was...

News

5 Jun 2024

AUD/USD Outlook: Aussie Growth Stagnates, Currency Resilient Amid Weaker US Data

Aussie growth stalls in Q1, growing just 0.1% as household spending falters. AUD/USD holds steady for now, with key support and resistance levels identified ahead of NFP

Forex

5 Jun 2024

City of San Fernando, Pampanga Joins Paleng-QR Ph Plus

PDate: 6/5/2024
Content: BSP Regional Operations Sub-sector Managing Director Rosabel B. Guerrero (third from left) joins City of San Fernando Councilor Reggie David (fifth from left) as he successfully pays using QR Ph at the New Market City Plaza, C...

News

5 Jun 2024

How to Register GOMO Sim Card 2023

Have you heard of GOMO? This is a new service provider that is already getting a lot of popularity in the Philippines! GOMO is a mobile service provider that offers flexible and affordable SIM plans to users worldwide. To enjoy the benefits of GOMO&#82...

News

5 Jun 2024

US Dollar Price Action Setups: EUR/USD, AUD/USD, USD/CHF Levels to Watch

US dollar setups come into focus as data weakens. EUR/USD awaits ECB cut, AUD/USD eyes lower levels on waning risk appetite, and USD/CHF flashes overheating signals after a sharp drop

Forex

4 Jun 2024