• The Philippine peso strengthened for a third day and the domestic share market advanced.
  • USD/PHP falls 0.3% to 57.3300 as of 9:35 a.m. Manila time; set for the biggest drop since March 11; Bloomberg dollar spot index little changed
    ** Most major Asian currencies up versus dollar on day; the Bloomberg Asia Dollar index rises 0.2% to 90.37
    ** USD/PHP one-month implied volatility is at 5.48%, unchanged from Tuesday
    ** USD/PHP 200-DMA currently around 56.053; 100-DMA 55.989; 50-DMA 56.19
  • The Philippines’ 10-year bond yield was little changed at 6.93% on Tuesday
  • The PSEi Index of shares rises 0.7% to 6,550.30 on the day; set for a third day of gains
    ** Global investors sold a net $8.86 million of Philippine stocks on Tuesday, according to exchange data