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  1. StockEngine's Avatar
    StockEngine
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    January 20th, 2018 04:14 AM #1
    4Q results will come out nextweek.

    Economic growth in 3Q revised upwards to 7 pct | ABS-CBN News
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  2. dreamur's Avatar
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    January 20th, 2018 09:29 AM #2
    Quote Originally Posted by StockEngine View Post
    4Q results will come out nextweek.

    Economic growth in 3Q revised upwards to 7 pct | ABS-CBN News
    Similar in the US, wall street stays strong in the face of an imminent government shutdown.

    GLOBAL MARKETS-Stocks rise as shutdown brews, bond yield at 3-1/2 yr high

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    StockEngine
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    January 23rd, 2018 03:49 AM #3
    Quote Originally Posted by StockEngine View Post
    4Q results will come out nextweek.

    Economic growth in 3Q revised upwards to 7 pct | ABS-CBN News
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  4. uls's Avatar
    uls
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    January 23rd, 2018 12:55 PM #4
    Q4 2017 PH GDP

    6.6%

    lower than previous quarter


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    January 23rd, 2018 12:59 PM #5
    Quote Originally Posted by uls View Post
    Q4 2017 PH GDP

    6.6%

    lower than previous quarter


    Uls, what is the forecast for Q118?

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  6. uls's Avatar
    uls
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    January 23rd, 2018 01:01 PM #6
    ^^


    6.6


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    uls
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    January 23rd, 2018 01:10 PM #7
    PH 2017 balance of payments (BOP) negative 863M USD

    BOP is basically dollars coming in and dollars going out

    PH saw more dollar outflow than inflow in 2017

    despite high dollar inflow in December it wasn't enough to offset dollar outflow in previous 11 months

    source:
    BOP deficit in 217 rises to $863 M >> Manila Bulletin Business
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    dreamur
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    January 23rd, 2018 01:25 PM #8
    Quote Originally Posted by uls View Post
    PH 2017 balance of payments (BOP) negative 863M USD

    BOP is basically dollars coming in and dollars going out

    PH saw more dollar outflow than inflow in 2017

    despite high dollar inflow in December it wasn't enough to offset dollar outflow in previous 11 months

    source:
    BOP deficit in 217 rises to $863 M >> Manila Bulletin Business
    Understandable. With the current political situation, I would rather keep the dollars that I already have or stop sending dollars into a local account in PH in case the government suddenly restrict dollar withdrawals.

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