Wall Street futures jump on U.S.-China trade deal hopes, Asian shares seen higher
U.S. stock futures jumped on Monday on reports the United States and China were close to striking a trade deal after a year-long tariff skirmish while the dollar eased as traders wagered Federal Reserve policy will remain accommodative. Read more @ https://www.reuters.com/article/us-global-markets/wall-street-futures-jump-on-u-s-china-trade-deal-hopes-asian-shares-seen-higher-idUSKCN1QK0SQ?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29
WHAT IS THE TECHNICAL CHART SAYING FOR PHILIPPINES?
Peso Beats Asian Peers in Surprise Win as Philippine CPI Eases
The Philippine peso has defied a yawning current-account deficit to emerge as Asia’s best-performing currency in February. And it may continue to surpass its peers. Peso bulls say record remittances, rising investment and a buoyant domestic economy will propel further gains in the currency. Easing inflation could also lend a hand, as higher real yields burnish the appeal of Philippine bonds. The peso is among Asia’s biggest turnaround stories, as the currency bounced back from a 13-year low after a slew of economic reforms and a $170 billion infrastructure spending plan revived sentiment. Proactive central bank policy has also helped win over skeptics. Read More @ https://www.bloomberg.com//news/articles/2019-03-03/peso-beats-asian-peers-in-surprise-win-as-philippine-cpi-eases?srnd=markets-vp
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