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The Philippine Stock Exchange index fell 0.99% to 5,624.17 as investors braced for October inflation data, which analysts expect at 7.6%. Brent crude rose 1.6% to $106.44 a barrel after reports of a US strike on Iran's Qeshm Island.
Expected higher Philippine inflation and rising Brent crude raise feed and fuel input costs and could tighten local monetary conditions, squeezing buyer margins. The equity move itself does not directly shift grain or meal prices.
bworldonline.comCEDTyCleaNov 3, 2026After 323 past bullish macro events, BRENT moved a median +0.7% over 5 sessions (58% higher; middle half -2.9% to +3.7%), and +1.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
