STOCKS OUTLOOK FOR THE WEEK: Market to track Fed policy
Philippine shares are expected to take their cue from the US Federal Reserve’s policy decision this week, with traders betting on a 25-basis-point rate cut when the meeting concludes late Wednesday (Thursday morning Manila time). Analysts said the Fed’s move could provide a near-term boost for local equities and the peso, though broader sentiment will [...]The post STOCKS OUTLOOK FOR THE WEEK: Market to track Fed policy appeared first on Malaya Business Insight.
