The Federal Reserve's hawkish hold is negatively impacting global risk appetite, leading to a sell-off in the local market affecting Meralco and Aboitiz Equity Ventures.
1 report, 1 independent
Updated Jul 30
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What happened
The Federal Reserve's hawkish hold is negatively impacting global risk appetite, leading to a sell-off in the local market affecting Meralco and Aboitiz Equity Ventures.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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FED
business
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Philippines
archipelagic country in Southeast Asia
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Meralco
Philippine electric company
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Aboitiz Equity Ventures
Filipino conglomerate
Nothing else this week.
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- Fed policy impacts market data reported by S&P Capital IQ during the Jackson Hole gathering.
- Fed policy affects market sentiment and acquisitions, with Rosen writing about U.S. market trends during the Jackson Hole symposium.