{
  "id": 2827374,
  "title": "Market to remain volatile",
  "url": "https://urgent.news/2026/08/23/market-to-remain-volatile",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-23T16:00:00.000Z",
  "source": {
    "name": "Philippine Star Business",
    "slug": "philippine-star-business",
    "url": "https://www.philstar.com/business/2026/08/24/2551289/market-remain-volatile"
  },
  "original_language": "en",
  "account": "Volatility is anticipated to continue in the local market this week, as investors closely monitor the results of the Bangko Sentral ng Pilipinas (BSP) upcoming policy meeting. Although the benchmark Philippine Stock Exchange index concluded last week in positive territory at 6,238.46, it declined by 0.93 percent week-on-week. Philstocks Financial research manager Japhet Tantiangco highlighted that concerns over the Middle East situation resurfaced, as the US-Iran ceasefire ended without an agreement or extension. This led to the local bourse retreating, even dipping below the 6,150 support line within the week. Tantiangco expects a volatile market this week, balancing lingering uncertainties against the first half corporate season. With the US-Iran tensions persisting and global oil prices rising, higher inflation expectations are expected domestically, according to Tantiangco. The Bangko Sentral ng Pilipinas (BSP) is set to hold its policy meeting this week, with analysts predicting it to be at a crucial juncture. The BSP must weigh elevated inflation against slowing economic growth in its policy decision, which may impact market sentiment. Investors are closely monitoring whether the authorities will maintain the policy rate steady during the Aug. 27 meeting, as they weigh inflation trends against second half economic growth. Add to this, the peso's trading near 61.50 to 61.80 and ongoing food-supply volatility, which limits the room for early rate cuts at present. \"Intervention should be monitored to prevent further weakness in case a rate hold is enforced,\" commented 2TradeAsia.com. The local market is expected to trade within the 6,150 to 6,400 range.",
  "summary": "Volatility is expected to prevail in the local market this week, with investors keeping an eye on the results of the Bangko Sentral ng Pilipinas (BSP)’s upcoming policy meeting.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}