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About: josephine

Recent Posts by josephine

FXStreet data shows gold prices in the Philippines declined, with values dropping during Thursday trading sessions

Philippine gold prices fell Thursday: PHP 9,140.53 per gram and PHP 106,613.40 per tola, FXStreet reports.

South Korea’s year-on-year GDP grew 3.6% in the first quarter, beating forecasts of 2.7%

South Korea’s GDP grew 3.6% year-on-year in the first quarter, beating market expectations of 2.7%.

MUFG’s Lloyd Chan says elevated geopolitical risks persist, yet REER valuations imply the rupiah is undervalued versus USD

Rupiah is undervalued; policy support curbs volatility. USD/IDR overbought; forecast 17,000 end-Q2, stabilisation then improvement.

South Korea’s April Consumer Sentiment Index fell to 99.2, down from 107 previously, indicating weaker confidence

South Korea’s Consumer Sentiment Index fell to 99.2 in April, down from 107 previously reported.

Bank Indonesia held rates at 4.75%, prioritising rupiah stability over further tightening, Deepali Bhargava observes

Bank Indonesia holds 4.75% rate, prioritizing rupiah stability; inflation on target, cuts possible by year-end.

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