Loading…
The Philippine PSEi rose 1.44% over the week as lower oil prices and a stronger peso supported sentiment, despite weak manufacturing data and inflation that exceeded expectations. Brent fell to $94.62 per barrel and WTI to $88.12, while the peso strengthened to an intraday high of 62.90 per dollar; the market later lost some momentum amid a US technology-stock selloff.
Lower oil prices can reduce fuel, transport, and input costs, while a stronger peso lowers the local cost of imported feed ingredients. The reported energy and currency moves are supportive of lower import costs for Philippine buyers.
wealthinsights.metrobank.com.phNov 9, 2026After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.
After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.
Not enough comparable past events yet for a historical read.
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.
