• The Philippine peso strengthened after weakening the previous day and the domestic share market advanced.
• USD/PHP falls 0.3% to 54.8900 as of 9:35 a.m. Manila time; Bloomberg dollar spot index little changed
  ** Most major Asian currencies down versus dollar on day
  ** USD/PHP one-month implied volatility is at 8.23%, down from 8.355% on Tuesday
  ** USD/PHP 200-DMA currently around 55.889; 100-DMA 55.981; 50- DMA 54.89
• The PSEi Index of shares rises 1.4% to 6,482.68 on the day; set for the biggest gain since Feb. 1
  ** Global investors sold a net $19.1 million of Philippine stocks on Tuesday, according to exchange data