Quick look at the week ahead

Domestically, Cebu Landmasters will wrap up its follow-on offering sale of preferred shares tomorrow (the listing is next week), and on Friday, we’ll get the inflation data for March from the Philippine Statistics Authority (which will set the table for the BSP’s decision on interest rates on Monday of next week). Internationally, it’s a relatively quiet period on the central bank front (rate decisions by Chile, Kenya, and Poland – not a big deal for us), and we won’t get very much in the way of inflation data in the US as the American consumer price index data won’t be available until Thursday of next week.

 

MB bottom-line: You will have to forgive me if my eyes have been wandering a little bit into the crypto space. It’s hard to ignore Bitcoin’s run, and while these blooms aren’t rare, they aren’t even a yearly thing so when they come around I pay attention. The latest data shows that the next Bitcoin halving event is scheduled to happen on April 20. The biggest question in crypto: is the halving already priced in?

--

Merkado Barkada is a free daily newsletter on the PSE, investing and business in the Philippines. You can subscribe to the newsletter or follow on Twitter to receive the full daily updates.