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Data Collection Grants Round

The Ecodev Coordinators team at EF announces the 11 recipients of the Data Collection grant round, with a total funding amount of 557,660 USD. After reviews, the winners were selected based on their innovative approaches to advancing data collection an...

14 Aug 2024

Euro (EUR/USD) Latest – German Economic Outlook Slumps in August

The ZEW economic outlook turned sharply lower in August with economic expectations declining at their fastest rate in two years.

Forex

13 Aug 2024

FTSE 100, S&P 500 and Nikkei 225 Push Higher

More gains have been seen for global stock markets, which are continuing to claw back their recent losses

Forex

13 Aug 2024

UK Unemployment Rate Falls Unexpectedly, but Major Concerns Reappear

In June the UK Unemployment rate dropped, defying expectations while average earnings remained steady. However, July’s sharp rise in unemployment claims raises concern

Forex

13 Aug 2024

BSP Issues Regulatory Framework for Merchant Payment Acceptance Activities

PDate: 8/13/2024
Content: The Bangko Sentral ng Pilipinas (BSP) issued Circular No. 1198 on the Regulatory Framework for Merchant Payment Acceptance Activities (MPAA) on 19 July 2024. The framework aims to establish standards and best practices t...

News

13 Aug 2024

Alibaba Stock Price Faces Headwinds Ahead of Earnings

E-commerce giant Alibaba will report on 15 August, and weaker performance is expected due to growing competition and a slowing Chinese economy.

Forex

12 Aug 2024

Nasdaq 100, Dow and Dax Continue to Rebound

After recouping some of their recent losses last week, indices are looking for further gains.

Forex

12 Aug 2024

FDI Net Inflows at US$499 Million in May 2024; January-May 2024 Level Up by 15.8 Percent YoY

PDate: 8/12/2024
Content: Foreign direct investment (FDI) net inflows amounted to US$499 million in May 2024, lower by 1.0 percent than the US$504 million net inflows recorded in May 2023 (Figure 1).1,2 This decline emanated mainly from the 31.7 perce...

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12 Aug 2024

Meme Coin Trading Tournament Returns: Compete for ₱600k in Prizes

Join the returning Meme Coin Trading Tournament Round 2 where ₱600,000 is up for grabs!

12 Aug 2024

British Pound (GBP) Latest – BoE Policymaker Warns on Inflation, GBP/USD Analysis

Bank of England policymaker Catherine Mann warned this weekend that the central bank’s battle with inflation continues, underpinning Sterling’s recent uplift.

Forex

12 Aug 2024

Learn & Earn Venom ($VENOM)!

Think you have what it takes to be a crypto wiz? Find out when you join this edition of Learn and Earn featuring Venom!

12 Aug 2024

BSP Holds 4th International Research Fair

PDate: 8/12/2024
Content: Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. (center) together with (from left) Monetary Board Member (MBM) Walter C. Wassmer, the Governor’s fellow keynote speaker Bilkent University Professor of Economics ...

News

12 Aug 2024

Bitcoin (BTC) Testing Technical Resistance, Gold (XAU) Nudging Higher

Bitcoin has rallied sharply off Monday’s spike low but further gains are currently capped by a pair of simple moving averages.

Forex

9 Aug 2024

FTSE 100, S&P 500 and Nikkei 225 continue to push higher

There has been a further recovery from the lows of the week for global stock markets, though there is still the possibility of further declines.

Forex

9 Aug 2024

BSP, TOAP Promote Retirement Planning in Forum

PDate: 8/9/2024
Content: The Bangko Sentral ng Pilipinas (BSP) and the Trust Officers Association of the Philippines (TOAP) highlighted the need to invest smart for retirement during a Personal Equity and Retirement Account (PERA) forum at the BSP hea...

News

9 Aug 2024

#SayYAStoCoins, Brazil Approves Solana ETF, Euro Stablecoins Surge

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

9 Aug 2024

PhilPaSSplus Turns Three

PDate: 8/9/2024
Content: The Bangko Sentral ng Pilipinas (BSP) marks a milestone as it commemorates the third anniversary of PhilPaSSplus, the Philippines' only Peso large value real-time gross settlement (RTGS) system.Launched on 26 July 2021 to repl...

News

9 Aug 2024

RBA Governor Stresses Optionality amid Risks to Inflation and Growth

The RBA maintained a slight hawkish bias on Tuesday, holding interest rates despite rising unemployment and signs pointing to subdued growth in Q2. Focus on stubborn CPI

Forex

8 Aug 2024

Nasdaq 100 and Dow struggle but Dax moves higher

While the Dax is making strong progress early on, US indices are subdued after reversing course on Wednesday.

Forex

8 Aug 2024

Japanese Yen Latest – USD/JPY Stable as Japanese Rate Hike Bets Pushed Back

The Bank of Japan is expected to leave interest rates untouched at the next two policy meetings despite and future policy needs to be ‘conducted carefully’ according to the BoJ

Forex

8 Aug 2024

BSP Lifts Moratorium on Establishment of Digital Banks

PDate: 8/8/2024
Content: The Monetary Board has approved the lifting of the moratorium on the grant of new digital banking licenses starting 01 January 2025 and allowed a maximum of ten (10) digital banks to operate in the country. The grant of new di...

News

8 Aug 2024

Domestic Liquidity Grows by 6.6 Percent Year-on-Year in June

PDate: 8/7/2024
Content: Preliminary data showed that domestic liquidity (M3) grew by 6.6 percent year-on-year to about ₱17.5 trillion in June from 6.5 percent in May. On a month-on-month seasonally-adjusted basis, M3 increased by about 0.5 percen...

News

7 Aug 2024

Bank Lending Grows by 10.1 percent, Year-on-Year, in June

PDate: 8/7/2024
Content: Preliminary data indicated that outstanding loans of universal and commercial banks (U/KBs), net of reverse repurchase (RRP) placements with the BSP, grew by 10.1 percent year-on-year in June, the same rate of increase as in M...

News

7 Aug 2024

FTSE 100 and Nikkei 225 higher, but S&P 500 rebound stalls

While the FTSE 100 and Nikkei 225 are making strides higher, the S&P 500 is struggling to continue its rebound.

Forex

7 Aug 2024

Dovish BoJ Comments Stabilise Markets for Now, USD/JPY Rises

The recent USD/JPY sell-off found short-term support after BoJ Deputy Governor Uchida downplayed another rate hike during volatile market conditions

Forex

7 Aug 2024

BSP Rediscount Rates Effective 08 August 2024

PDate: 8/7/2024
Content: Effective 08 August 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 FacilityLoan...

News

7 Aug 2024

Learn & Earn FDUSD ($FDUSD) Winners

Congratulations to the 50 lucky winners of 10 FDUSD each in the Learn & Earn: FDUSD Edition!

7 Aug 2024

End-July 2024 GIR Level Rises to US$105.65 Billion

PDate: 8/7/2024
Content: The country’s gross international reserves (GIR) level, based on preliminary data, rose to US$105.65 billion as of end-July 2024 from the end-June 2024 level of US$105.19 billion.1 The latest GIR level represents a more than a...

News

7 Aug 2024

Global Sell-off Takes a Breather – USD/JPY and ADU/JPY in Focus

The unravelling of the carry trade has amplified USD/JPY selling while markets look to AUD/JPY as a helpful gauge of risk sentiment

Forex

6 Aug 2024

Nasdaq 100, Dow and Dax rebound, but is there more to come?

Indices have rebounded from their overnight lows, but can the momentum be sustained?

Forex

6 Aug 2024