• The Philippine peso strengthened for a third day and the domestic share market advanced.
  • USD/PHP falls 0.3% to 54.6700 as of 9:35 a.m. Manila time; poised for the lowest close since Feb. 10; Bloomberg dollar spot index down 0.1%
    ** Most major Asian currencies up versus dollar on day
    ** USD/PHP one-month implied volatility is at 7.95%, down from 8.045% on Thursday
    ** USD/PHP 200-DMA currently around 55.915; 100-DMA 55.9; 50-DMA 54.853
  • The PSEi Index of shares rises 0.4% to 6,430.71 on the day
    ** Global investors sold a net $6.62 million of Philippine stocks on Thursday, according to exchange data