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Business week RECAP July 1-5

Writer's picture: Doc MikeDoc Mike

Dear Subscriber, On the upside, US-China trade war is presently on talks which have a positive effect on the Global Market. Easing tension on Huawei. Philippine's Inflation rate may down 2.7% creating a weekly gain in the PSE. Waiting for BSP to cut reserve requirement ratio that can positively affect the PSE Trump urging the FED to cut interest rate. On the downside: tension on the trade war between the US - EU, and Japan-Korea Deutsche Bank is pessimistic and underperforming in the Philippine Market. Possible to discontinue equity operation in the Philippines and some parts of Asia. Local Philippine brokerage company assures to take of the slack to facilitate the investors from EU. God bless and Good luck 


 
 
 

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