News

Check Your Wallet’s Ranking Among Other Wallets

With crypto airdrops gaining popularity, keeping track of your wallet’s performance has never been so pertinent.

To help you stay on track, CoinStats introduces its latest feature - Chain Activity. It allows users to keep tabs on their wallets' act...

7 Nov 2023

October Inflation Drops to 4.9 Percent

PDate: 11/7/2023
Content: Headline inflation dropped to 4.9 percent year-on-year in October from 6.1 percent in September and was below the BSP’s forecast range of 5.1-5.9 percent for the month. The resulting year-to-date average of 6.4 percent remains...

News

7 Nov 2023

GBP/USD Slumps Back Below 1.2300 on Dovish BoE Rate Talk

Huw Pill, the Bank of England’s chief economist, said that UK inflation is set to fall sharply in the coming months, sending the British Pound lower

Forex

7 Nov 2023

End-October 2023 GIR Level Rises to US$101.1 Billion

PDate: 11/7/2023
Content: The country’s gross international reserves (GIR) level, based on preliminary data, rose to US$101.1 billion as of end-October 2023 from the end-September 2023 level of US$98.1 billion.1 The latest GIR level represents a more ...

News

7 Nov 2023

Gold Cools as Volatility Subsides, Oil Sinks on Grim Global Outlook

Gold eased lower as the metal recovers from overbought territory, a stronger US dollar as the commodity appears less sensitive to the conflict. Oil sinks to prior swing low

Forex

7 Nov 2023

Dow & Nasdaq 100 Hold Firm while Nikkei 225 Drops Back

Some indices have dropped back from their highs of last week, but US markets continue to hold firm.

Forex

7 Nov 2023

How To Invest In Retail Treasury Bonds Rtb 24

Do you want to help the government in the fight against Covid-19? Buying Progreso Bonds, also known as RTB-24, can be an option. The Bureau of the Treasury has just announced the newest retail treasury bond. It is the second offering this year after th...

News

7 Nov 2023

Reserve Bank of Australia (RBA) Hikes Rates by 25bps, AUD/USD Slides Lower

The Australian central bank increased its official borrowing rate by 25 basis points, in line with recent expectations

Forex

7 Nov 2023

Viction Startup Hackathon Offers Up to $200k in Prizes

Viction Horizon offers a range of hands-on workshops to improve skills in entrepreneurship, technology, and startup development.

7 Nov 2023

BSP Rediscount Rates Effective 08 November 2023

PDate: 11/7/2023
Content: Effective 08 November 2023, 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 Facility ...

News

7 Nov 2023

Monetary Board Cancels Registration as Money Changer/Foreign Exchange Dealer of MCEX FOREIGN EXCHANGE

PDate: 11/7/2023
Content: The cancellation of the Bangko Sentral ng Pilipinas registration of MCEX FOREIGN EXCHANGE as Money Changer (MC)/Foreign Exchange Dealer(FXD) was approved by the Monetary Board (MB) in its Resolution No. 32.A dated 05 January ...

News

7 Nov 2023

Nasdaq 100 Goes on Bullish Tear, USD/JPY Perks Up as US Yields Resume Rebound

This article focuses on the Nasdaq 100 and USD/JPY from a technical standpoint, analyzing major price levels that could act as support or resistance in the coming trading sessions.

Forex

6 Nov 2023

Oil Price Forecast: WTI Remains Vulnerable Below the 100-Day MA

Oil prices failed to hold onto early session gains to fall into red for the day. Further downside looks likely below the 100-day MA

Forex

6 Nov 2023

Invest Securities Stocks Bonds

One of the common questions I get is, why should you take the chance to invest in securities? And I think it’s commonly asked because most of us know little about them. As mentioned earlier about investing, securities are paper assets. That is, unlike ...

News

6 Nov 2023

Gold Price Forecast: $1980 Support Break Eyed, Do Bears Have the Momentum?

Gold consolidates above a key support area as market participants await further clues. DXY remains key as we have a host of Fed Speakers on the docket which could provide some volatility as the week progresses.

Forex

6 Nov 2023

The Best Pinoy Movie Sites

When you’re at home and don’t have much to do other than partake in the never-ending social media scroll—or when you’re hanging out with your friends, maybe even your crush, and want to impress them with your refined taste in films—ha...

News

6 Nov 2023

US Dollar Setups: EUR/USD, GBP/USD and AUD/USD Muted as Bullish Momentum Wanes

This piece employs a technical approach to analyze EUR/USD, GBP/USD, and AUD/USD, with an emphasis on significant price levels that may act as support or resistance in the upcoming trading sessions.

Forex

6 Nov 2023

Investing In Top Philippine Money Market Funds

Little is known about investing in money market funds in the Philippines. Unlike equities and index funds, most Pinoys are not familiar with the sort of assets that money market funds acquire. Maybe because it’s sort of on the ...

News

6 Nov 2023

GBP/USD Update: Cable Encounters Resistance Ahead of Q3 GDP Print

The pound benefitted from last week’s dollar selloff but the pair finds early resistance in a quiet week. Fed speakers emerge to fill the void with UK GDP on Friday

Forex

6 Nov 2023

USD/ZAR Price Forecast: Is the Rand Rally Over?

Rand prices faces firm opposition at a key support zone after a sharp appreciation against the USD.

Forex

6 Nov 2023

US Dollar (DXY) Sell-Off Continues after US Treasury Yields Collapse

The US dollar continues to move lower and eyes levels last seen nearly two months ago, as rate traders price in 100 basis points of rate cuts in the US next year.

Forex

6 Nov 2023

FTSE 100, DAX 40 and S&P 500 Lose Upside Momentum Following Last Week’s Strong Gains

Outlook on FTSE 100, DAX 40 and S&P 500 as softer US economic data, a subdued Non-Farm Payrolls and dovish Fed statements led to risk-on sentiment.

Forex

6 Nov 2023

Difference Stock Share Equity

You will hear a lot of people telling you about stocks, shares and equities. Frequently, these words are used interchangeably. But are there any difference between the three? It turns out, there is. Stock A stock represents ownership of a company. For ...

News

6 Nov 2023

AUD/USD Price Forecast: Aussie Dollar Looks to RBA for Guidance

AUD prices trade marginally lower today as investors keenly await tomorrow’s RBA interest rate decision.

Forex

6 Nov 2023

The Philippine Financial System Maintains Robust Performance in the First Half of 2023

PDate: 11/6/2023
Content: Alongside improving macroeconomic fundamentals, the Report on the Philippine Financial System for the First Semester of 2023 shows that the Philippine financial system continued its robust performance and supported economic a...

News

6 Nov 2023

Markets Week Ahead: Gold Muted, Nasdaq 100, EUR/USD, GBP/USD Rip as US Yields Sink

Several Fed officials will deliver speeches in the coming days, including Chairman Powell. Traders should pay attention to their comments for clues on the outlook for monetary policy and impact on markets.

Forex

5 Nov 2023

Gold/Silver Weekly Forecast: Investors Capitalize on Weak NFPs

Gold & silver prices rallied last week leaving technical signal in favor of additional upside as markets prepare for several Fed speakers throughout the week.

Forex

5 Nov 2023

US Dollar Forecast: EUR/USD, GBP/USD and AUD/USD Break Out, USD/JPY Muted

In this article, we analyze EUR/USD, USD/JPY, GBP/USD and AUD/USD from a technical standpoint, highlighting crucial price levels that may act as support or resistance in the upcoming week.

Forex

5 Nov 2023

Euro Forecast: Euro Picks up after Markets Signal End to US Rate Hikes

EUR/USD was the main beneficiary of the dollar’s massive slide late on Friday after markets reduced the likelihood of another US hike amid slowing jobs data

Forex

4 Nov 2023

Japanese Yen Weekly Forecast: BoJ Tweak Fails to Inspire but Dollar Weakness Looks Promising for USD/JPY

The BoJ delivered a minimal tweak to policy this week with markets still betting on rate hikes in April 2024. USDJPY benefitted from a weaker US Dollar which should it continue could negate the need for full blown BoJ FX intervention.

Forex

4 Nov 2023