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🚀 Barclays Analysts: Asian Central Banks Likely to Maintain Monetary Policy Amid Middle East Conflict On April 13, Barclays Bank's fixed income, foreign exchange, and commodities research team released a report suggesting that Asian central banks may keep their monetary policies unchanged in the short term due to ongoing Middle East conflicts. According to Jin10, the analysts noted that the Monetary Authority of Singapore is likely to maintain its current policy this week, expressing concerns over the risks of extreme negative growth rather than inflation. Meanwhile, Barclays believes that unless the U.S. dollar significantly depreciates against the Indonesian rupiah before the upcoming Bank Indonesia meeting, the Indonesian central bank is unlikely to quickly resume its rate-cutting cycle. Additionally, the central banks of Thailand and the Philippines, which are also holding meetings this month, are expected to remain on hold. #Barclays#AsianCentralBanks#MonetaryPolicy#MiddleEastConflict#Singapore#Indonesia#Thailand#Philippines#InterestRates#BankIndonesia#USdollar#Rupiah#RateCut

🚀 Philippines to Offer Fuel Subsidies Amid Iran Conflict Fallout The Philippine government is set to provide fuel subsidies to public transport drivers starting next week. Bloomberg posted on X that this initiative is part of the country's efforts to mitigate the ongoing impact of the conflict in Iran. The subsidies aim to alleviate the financial burden on drivers affected by rising fuel costs due to the geopolitical tensions. This move is expected to support the public transport sector, which has been struggling with increased operational expenses. The government has not specified the duration or the total amount allocated for these subsidies. #Philippines#FuelSubsidies#IranConflict#PublicTransport#Geopolitics#EnergyPrices#GovernmentSupport