BTC iShares MSCI Philippines ETF
Global consumer tech companies are reportedly looking to move out of China amid the still unresolved trade war.
The inflation rate in Taiwan rose by 1.2% in July on an annual basis—above expectations of 1.1% growth and last month’s rise of 0.91% in consumer prices.
Singapore’s industrial production fell on an annual basis by 0.3% in June—compared to a rise of 0.8% in the previous month and expectations of a 0.2% fall.
Among Asian economies, the inflation rate in the Philippines was 1.9% for June on an annual basis—meeting expectations and above 1.6% growth in May.
Among South Asian economies, industrial production for Singapore released below expectations for May at 0.9% on an annual basis.
The Philippine peso gained against the US dollar on January 5, 2016. It recorded losses in the previous session due to outflows from emerging markets.