• Overnight Market Snapshot – October 17, 2013

    Overnight Market Snapshot – October 17, 2013

    The US equities markets (DJIA +1.36%, S&P 500 +1.38%, Nasdaq +1.20) rallied sharply last night on news that the Senate has already crafted a deal to end the US government shutdown and raise the country’s debt ceiling. Philippine-related shares like the EPHE (+0.86%) and PHI (+0.17%) were also positive. Risk-on mode from last night may

  • Overnight Market Snapshot – September 19, 2013

    Overnight Market Snapshot – September 19, 2013

    BREAKING. The US equities markets (DJIA + 0.95%, S&P 500 +1.22%, Nasdaq +1.01%) along with emerging market shares like the iShares MSCI Philippines Index ETF (EPHE +7.20%) and Philippine Long Distance Company ADRs (PHI +3.74%) jumped as the US Fed surprises with no taper. Risk-on attitude will likely spill over in today’s trading in the

  • Overnight Market Snapshot – August 30, 2013

    Overnight Market Snapshot – August 30, 2013

    Philippine-related shares like the iShares MSCI Philippines Index ETF or EPHE (+ 3.88%) and the Philippine Long Distance Company ADRs or PHI (+ 3.10%) surged during last night’s session in the US. The US equity markets (DJIA +0.11%, S&P 500 +0.20%, Nasdaq +0.75%) rose yesterday on news the its GDP for the second quarter has

  • Overnight Market Snapshot – August 22, 2013

    Overnight Market Snapshot – August 22, 2013

    Equity markets in the US have continued to slip (DJIA -0.7%, S&P 500 -0.58%, Nasdaq -0.38%) last night. Emerging market shares like the iShares MSCI Philippines ETF (-2.35%) and PLDT Adrs (-0.77%) have fallen in red as well. Note that while the Philippine stock market has been closed since Monday due to a storm and