Good morning, you're listening to Markets Desk, and here's what's moving the needle right now.
The Bangko Sentral ng Pilipinas is stress-testing its policy framework against what forecasters are calling a Godzilla El Niño event. With Philippine inflation already sitting at a three-year high and an oil shock layered on top, the central bank faces a compounding supply-side squeeze that could force rate decisions well ahead of any easing cycle.
Shifting to equities, S&P Global is drawing scrutiny over its evolving monetization strategy. Investors are questioning whether the new revenue model can match the margins generated by its legacy ratings business. The stock sits at a crossroads, and with data and analytics multiples compressing across the sector, the burden of proof is squarely on management to demonstrate the transition holds.
And in enterprise software, Workday is leaning into artificial intelligence as the engine behind its next growth chapter, forecasting double-digit revenue expansion ahead. The market will be watching closely whether AI integration translates into genuine retention and pricing power, or simply becomes a familiar talking point in a crowded field where every platform is making the same promise.
That's the tape. Markets Desk, signing off the floor.
