Source-linked briefing Business

Middle East Tensions Expected to Pressure PSEi Despite Softer U.S. Inflation

Middle East Tensions Expected to Pressure PSEi Despite Softer U.S. Inflation

Analysts say easing U.S. inflation has tempered rate-hike fears, but renewed hostilities in the Middle East could weigh on sentiment and cap gains in the Philippine market. Investors are seen remaining cautious as geopolitical risks overshadow macro tailwinds.

Original headline

Prolonged Middle East war seen weighing down PSEi this week