Philippine economy grows more than expected on higher spending

Note: This section contains information in English only.
Source: Bloomberg
The Philippine economy growth beat economists' expectations and grew more than estimated as higher consumption and public spending boosted the strongest 6-month performance since 2010. The GDP rose 5.9% in the second quarter from a year earlier, the National Statistical Coordination Board reported. The Philippine Peso gained 0.1% to 42.295 versus the U.S. Dollar.  
Back to articles

Actual Topics

Thu, 30 Aug 2012 07:26:12 GMT

Greenback remains higher versus Yen before U.S data

The U.S Dollar remained higher against the Japanese Yen after yesterday's appreciation before U.S data to show consumer spending increased the most since February. The greenback climbed against the Euro as investors await whether the Fed Chairman Ben Bernanke will signal further asset-purchase programme at Jackson Hole. The Dollar was at 78.64 Yen, following a 0.3% advance to 78.71. The Euro traded

Wed, 29 Aug 2012 19:36:11 GMT

U.S. pending home sales rose more-than-expected in July

U.S.  pending home sales surged in July to a highest level since April 2010. The National Association of Realtors reported on Wednesday that seasonally adjusted index for pending sales of existing U.S. homes rose by 2.4 per cent in July from a month earlier to a reading of 101.7. In June, data had dropped by -1.4 per cent.

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.