• The Philippine peso weakened for a second day and the domestic share market advanced.
  • USD/PHP rises 0.4% to 57.6500 as of 9:35 a.m. Manila time; set for the biggest gain since April 19; Bloomberg dollar spot index little changed
    ** Most major Asian currencies down versus dollar on day; the Bloomberg Asia Dollar index little changed at 90.5
    ** USD/PHP one-month implied volatility is at 5.82%, up from 5.5825% on Friday
    ** USD/PHP 200-DMA currently around 56.177; 100-DMA 56.241; 50-DMA 56.559
  • The Philippines’ 10-year bond yield was little changed at 6.85% on Friday
  • The PSEi Index of shares rises 0.8% to 6,564.88 on the day; poised to break a 2-day losing streak
    ** Global investors sold a net $6.08 million of Philippine stocks on Friday, according to exchange data