• The Philippine peso strengthened after weakening the previous day and the domestic share market declined.
  • USD/PHP falls 0.2% to 58.1800 as of 9:35 a.m. Manila time; poised to break a 3-day winning streak; Bloomberg dollar spot index little changed
    ** Most major Asian currencies down versus dollar on day; the Bloomberg Asia Dollar index little changed at 90.68
    ** USD/PHP one-month implied volatility is at 5.645%, up from 5.58% on Tuesday
    ** USD/PHP 200-DMA currently around 56.291; 100-DMA 56.379; 50-DMA 56.797
  • The Philippines’ 10-year bond yield rose 4.4 bps to 6.67% on Tuesday
  • The PSEi Index of shares falls 0.3% to 6,614.23 on the day
    ** Global investors sold a net $1.21 million of Philippine stocks on Tuesday, according to exchange data