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ING economists Deepali Bhargava and Lynn Song warn that upside inflation risks are re-emerging for the Philippine Peso (PHP), driven by recovering Oil prices and expectations of a strong El Niño that could spark a food-price shock. Rising global rice and fertiliser prices add to pressures.
The St. Louis Fed President, Alberto Musalem, stressed that “inflation is too high” and that it’s “critical” that monetary policy focuses on bringing down inflation.
The Mexican peso extends its rally to 10 straight days, gaining over 0.12% on Thursday after the Bank of Mexico (Banxico) left interest rates unchanged.
Standout hole CMUG-26-50 in the unmined Largo Norte zone cut about 184 metres of 1.18 grams gold per tonne.
US President Donald Trump signed two executive orders on Thursday seeking to narrow birthright citizenship and intensify a crackdown on “birth tourism”, making a new attempt to restrict automatic…
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