• The Philippine peso weakened for a second day and the domestic share market advanced.
  • USD/PHP rises 0.2% to 56.3600 as of 9:35 a.m. Manila time; Bloomberg dollar spot index little changed
    ** Most major Asian currencies down versus dollar on day; the Bloomberg Asia Dollar index little changed at 90.83
    ** USD/PHP one-month implied volatility is at 4.81%, up from 4.6525% on Monday
    ** USD/PHP 200-DMA currently around 55.987; 100-DMA 55.86; 50-DMA 56.008
  • The PSEi Index of shares rises 0.6% to 7,024.84 on the day; poised for the highest close since Feb. 3, 2023
    ** Global investors bought a net $8.26 million of Philippine stocks on Monday, according to exchange data