• The Philippine peso strengthened after weakening the previous day and the domestic share market advanced.
  • USD/PHP falls 0.2% to 58.5100 as of 9:35 a.m. Manila time; poised to break a 2-day winning streak; Bloomberg dollar spot index little changed
    ** Most major Asian currencies up versus dollar on day; the Bloomberg Asia Dollar index little changed at 90.44
    ** USD/PHP one-month implied volatility is at 5.425%, down from 5.465% on Thursday
    ** USD/PHP 200-DMA currently around 56.413; 100-DMA 56.568; 50-DMA 57.173
  • The Philippines’ 10-year bond yield rose 2.03 bps to 6.76% on Thursday
  • The PSEi Index of shares rises 0.1% to 6,381.07 on the day; poised to break a 5-day losing streak
    ** Global investors sold a net $13.6 million of Philippine stocks on Thursday, according to exchange data