• The Philippine peso weakened for a second day and the domestic share market was flat.
  • USD/PHP rises 0.4% to 57.4300 as of 9:35 a.m. Manila time; Bloomberg dollar spot index up 0.2%
    ** Most major Asian currencies down versus dollar on day; theBloomberg Asia Dollar index falls 0.1% to 90.57
    ** USD/PHP one-month implied volatility is at 5.765%, up from 5.62% on Tuesday
    ** USD/PHP 200-DMA currently around 56.149; 100-DMA 56.181; 50-DMA 56.466
  • The Philippines’ 10-year bond yield fell 4.38 bps to 6.86% on Tuesday
  • The PSEi Index of shares is little changed at 6,617.40 on the day
    ** Global investors sold a net $15.6 million of Philippine stocks on Tuesday, according to exchange data