• The Philippine peso strengthened after weakening the previous day and the domestic share market advanced.
  • USD/PHP falls 0.1% to 56.0200 as of 9:35 a.m. Manila time; Bloomberg dollar spot index little changed; the Bloomberg Asia Dollar index little changed at 91.52
    ** USD/PHP one-month implied volatility is at 5.8525%, up from 5.8275% on Wednesday
    ** USD/PHP 200-DMA currently around 55.968; 100-DMA 56.134; 50- DMA 55.846
  • The Philippines’ 10-year bond yield rose 3.47 bps to 6.22% on Wednesday
  • The PSEi Index of shares rises 0.2% to 6,871.60 on the day; set for a third day of gains
    ** Global investors bought a net $12.2 million of Philippine stocks on Wednesday, according to exchange data