• The Philippine peso weakened for a second day and the domestic share market advanced.
  • USD/PHP rises 0.4% to 56.0300 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 falls 0.1% to 91.59
    ** USD/PHP one-month implied volatility is at 6.0475%, up from 5.9925% on Tuesday
    ** USD/PHP 200-DMA currently around 55.824; 100-DMA 56.241; 50- DMA 55.732
  • The Philippines’ 10-year bond yield fell 1.6 bps to 6.18% on Tuesday
  • The PSEi Index of shares rises 0.4% to 6,663.68 on the day
    ** Global investors bought a net $8.26 million of Philippine stocks on Tuesday, according to exchange data