• The Philippine peso strengthened after weakening the previous day and the domestic share market declined.
  • USD/PHP falls 0.2% to 55.8000 as of 9:35 a.m. Manila time; poised to break a 2-day winning streak; Bloomberg dollar spot index down 0.1%
    ** Most major Asian currencies up versus dollar on day; the Bloomberg Asia Dollar index rises 0.1% to 91.55
    ** USD/PHP one-month implied volatility is at 6.07%, up from 5.9325% on Wednesday
    ** USD/PHP 200-DMA currently around 55.829; 100-DMA 56.232; 50-DMA 55.712
  • The Philippines’ 10-year bond yield was 6.18% on Wednesday
  • The PSEi Index of shares falls 0.3% to 6,553.39 on the day; set for a third day of declines
    ** Global investors bought a net $1.13 million of Philippine stocks on Wednesday, according to exchange data