- The Philippine peso weakened after strengthening the previous day and the domestic share market advanced.
- USD/PHP rises 0.2% to 55.4400 as of 9:35 a.m. Manila time; set for the biggest gain since Feb. 28; Bloomberg dollar spot index little changed
** Most major Asian currencies down versus dollar on day; the Bloomberg Asia Dollar index little changed at 92.01
** USD/PHP one-month implied volatility is at 4.2275%, up from 4.2075% on Tuesday
** USD/PHP 200-DMA currently around 55.989; 100-DMA 55.963; 50-DMA 55.972 - The Philippines’ 10-year bond yield fell 1.99 bps to 6.23% on Tuesday
- The PSEi Index of shares rises 0.4% to 6,905.63 on the day
** Global investors sold a net $5.01 million of Philippine stocks on Monday, according to exchange data