COMEX silver futures fell more than 1.00% during the day and are currently trading at $22.50 per ounce.

Philippine Economy Secretary: No major changes in macroeconomic assumptions are expected.

Philippine Economy Secretary: Macroeconomic assumptions remain within expectations.

Chevron Australia spokesperson: The two remaining LNG production units, domestic and Gorgon, have not been affected and are operating at full capacity.

Chevron Australia spokesperson: The electrical incident affected an LNG production line, which is currently operating at 80% capacity.

Chevron Australia spokesperson: Efforts are underway to restore full LNG production at the Gorgon gas facility following a power outage.

Philippine Economy Secretary: Inflation is the key to strong growth.

Philippine Economy Secretary: Consumption and demand will improve in the coming quarters.

Philippines Economic Minister: Annual GDP growth of 6% to 7% is still achievable.

US Secretary of State Blinken will meet with the South Korean President in Seoul at 12 noon local time.

Philippine Economy Secretary: Inflation remains a major challenge.

Eiji Maeda, executive director of the Bank of Japan: The Bank of Japan may end its negative interest rate policy in January next year and continue to gradually increase short-term interest rates.

Philippine Economy Secretary: The government will continue to prioritize strategies to deal with the El Niño phenomenon.

Philippine Economy Secretary: We want to maintain economic momentum. Non-monetary measures to protect purchasing power remain crucial.

US Republican presidential candidate DeSantis: If elected, he will limit the power of the Federal Reserve.

Philippine Economic Minister: To achieve the full-year GDP growth target, the economy needs to grow by 7.2% in the fourth quarter.

The Philippines’ third-quarter GDP grew 5.9% year-on-year, while market estimates were 4.7%.

Fed Harker: It’s unclear whether consumers’ spending power has been exhausted.