• The Philippine peso strengthened for a second day and the domestic share market advanced.
  • USD/PHP falls 0.2% to 57.4200 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 little changed at 90.24
    ** USD/PHP one-month implied volatility is at 5.8%, up from 5.7125% on Monday
    ** USD/PHP 200-DMA currently around 56.044; 100-DMA 55.968; 50-DMA 56.164
  • The Philippines’ 10-year bond yield rose 2.61 bps to 6.92% on Monday
  • The PSEi Index of shares rises 0.7% to 6,489.36 on the day
    ** Global investors sold a net $13.8 million of Philippine stocks on Monday, according to exchange data