• The Philippine peso strengthened after weakening the previous day and the domestic share market declined.
  • USD/PHP falls 0.2% to 56.2000 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 91.79
    ** USD/PHP one-month implied volatility is at 6.1175%, down from 6.135% on Wednesday
    ** USD/PHP 200-DMA currently around 55.869; 100-DMA 56.212; 50-DMA 55.706
  • The Philippines’ 10-year bond yield fell 8.61 bps to 6.23% on Wednesday
  • The PSEi Index of shares falls 0.1% to 6,671.76 on the day; poised to break a 3-day winning streak
    ** Global investors bought a net $6.08 million of Philippine stocks on Wednesday, according to exchange data