You are on page 1of 13

Financial Markets Report

April 3, 2007
Global Economic News
 US ISM index falls to 50.9 in March from 52.3 in February
 US 2-year treasuries may fall as US Rate cut hopes fade
 Euro Zone PMI fell to 55.4 in March from 55.6 in February
 ECB will act on inflation risk if needed - Trichet
 Global Manufacturing Indicator eased to 52.9 in March from
53.7 in February
 US Crude Oil fell to $65.72/bbl coming from its seven-month
high of $68.09/bbl on Tuesday, 27 March
 Gold was almost unchanged at $664.2 an ounce from
yesterday’s $663.4 an ounce.
Crude Oil
Gold
Dow Jones
US Treasuries
Equity Indexes
Equity Indexes
Equity Indexes
Currencies
Local Economic News
 Philippine debt T-bills rates expected to climb on
fears of tightening
 PHISIX closed higher at 3,248.00 from 3,229.60 of
yesterday on overnight gains by Wall Street
 local currency closed higher at PhP48.170 from
PhP48.340 yesterday
 implementation of Relaxed FX Rules (Circular No.
561) yesterday, 2 April.
PHISIX
USD/PHP

You might also like