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Philippine growth unexpectedly slowed in the first quarter, leaving the country a laggard within the region and challenging policymakers trying to cool inflation and support the peso.
Source
Bloomberg Markets
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Anahata Capital Management CIO Brian Quartarolo discusses his outlook on markets, Asia tech stocks, and why he thinks the New Zealand dollar may have room to strengthen on 'Bloomberg: The Asia Trade'. (Source: Bloomberg)
The Philippine peso is headed for its best gain in a month as optimism over a US-Iran peace deal boosts prospects for further declines in oil prices.
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The yen’s failure to breach 155 to the dollar after repeated cases of suspected intervention by Japan is raising questions over the durability of the currency’s recent advance.
