Lower oil prices, Fed policy to drive PH markets–Manulife

MANILA, Philippines – Lower global oil prices could support Philippine financial markets in the second half of the year by helping the peso and boosting bond performance, according to Manulife Investment Management. Murray Collis, head of Asia fixed income at Manulife Investment Management, said Philippine markets remain influenced by global oil prices and the US Federal Reserve’s policy path. READ: “Our base case is for the Fed policy, as well as oil prices, to remain key drivers for many local markets, including the Philippines,” Collis said during a media briefing on Manulife’s second-half Asia market outlook. Collis said the Fed is […]... Keep on reading: Lower oil prices, Fed policy to drive PH markets–Manulife