- The Philippine peso weakened for a second day and the domestic share market declined.
- USD/PHP rises 0.2% to 58.5500 as of 9:35 a.m. Manila time; poised for the highest close since Nov. 7, 2022; Bloomberg dollar spot index little changed
** Most major Asian currencies down versus dollar on day; the Bloomberg Asia Dollar index falls 0.1% to 90.39
** USD/PHP one-month implied volatility is at 5.51%, up from 5.38% on Wednesday
** USD/PHP 200-DMA currently around 56.394; 100-DMA 56.537; 50-DMA 57.108 - The Philippines’ 10-year bond yield rose 2.66 bps to 6.74% on Wednesday
- The PSEi Index of shares falls 0.2% to 6,399.27 on the day; poised for the lowest close since Dec. 15
** Global investors sold a net $13 million of Philippine stocks on Wednesday, according to exchange data