A quick look at the week ahead...
From an event perspective, this could be a real nothingburger of a week.
The heavy lifting by the central banks has already been done (US Federal Reserve raised rates 25 basis points, BSP raised our rates 50 basis points), but analysts and traders are still sifting through any other sources of data to try and improve models for how the rate changes will impact businesses and the economy over time.
By Thursday morning, we should get the FOMC Meeting Minutes from the US Federal Reserve meeting, and that should provide additional context on the thinking that went into the raise and the thinking that may be behind the Fed’s future actions.
MB BOTTOM-LINE
It’s not like next week is much better, either, but this is sort of the calm before the storm.
March is packed full of interesting things, between the IPOs of Upson International [UPSON 5.50 pre-IPO] and Alternergy [ALTER 1.48 pre-IPO], the Cemex PH [CHP 1.16 1.7%] tender offer, and the Megawide [MWIDE 4.08 3.3%] preferred shares offer period and listing.
Plus we’ll get consumer price index info on February’s inflation from the Philippine Statistics Authority in the first week of March. So there’s a lot going on there.
--
Merkado Barkada's opinions are provided for informational purposes only, and should not be considered a recommendation to buy or sell any particular stock. These daily articles are not updated with new information, so each investor must do his or her own due diligence before trading, as the facts and figures in each particular article may have changed.
- Latest
