• The Philippine peso weakened after strengthening the previous day and the domestic share market advanced.
  • USD/PHP gains 0.2% to 55.8700 as of 9:35 a.m. Manila time; poised to break a 3 day losing streak; Bloomberg dollar spot index up 0.2%
    ** Most major Asian currencies down versus dollar on day; the Bloomberg Asia Dollar index falls 0.2% to 91.93
    ** USD/PHP one-month implied volatility is at 6.1125%, down from 6.1775% on Monday
    ** USD/PHP 200-DMA currently around 55.82; 100-DMA 56.25; 50-DMA55.755
  • The Philippines’ 10-year bond yield fell 4.51 bps to 6.19% on Monday
  • The PSEi Index of shares rises 0.1% to 6,690.32 on the day; set for a fourth day of gains
    ** Global investors sold a net $4.38 million of Philippine stocks on Monday, according to exchange data