• The Philippine peso strengthened after weakening the previous day and the domestic share market advanced.
• USD/PHP falls 0.7% to 55.6900 as of 9:35 a.m. Manila time; set for the biggest drop since Nov. 3; Bloomberg dollar spot index down 0.2%
  ** Most major Asian currencies up versus dollar on day; the Bloomberg Asia Dollar index rises 0.7% to 92.46
  ** USD/PHP one-month implied volatility is at 6.1525%, up from 6.1425% on Wednesday
  ** USD/PHP 200-DMA currently around 55.757; 100-DMA 56.134; 50-DMA 56.179
• The Philippines’ 10-year bond yield rose 2.08 bps to 6.23% on Wednesday
• The PSEi Index of shares rises 0.9% to 6,309.82 on the day; poised for the highest close since Nov. 29
  ** Global investors sold a net $5.02 million of Philippine stocks on Wednesday, according to exchange data