<p><span style="font-size:inherit;"><span data-teams="true"><strong>GLOBAL: Iran’s top security official firmly rejected the possibility of exporting any of the country’s enriched nuclear material</strong>, a component of any negotiation to end the ongoing war</span></span></p>

<p><span style="font-size:inherit;"><span data-teams="true"><strong>Market impact: Oil prices and US Treasury yields advanced as Iran will retain its enriched nuclear material</strong>, while US equities gained as AI concerns subsided.</span></span></p>

<p><span style="font-size:inherit;"><span data-teams="true"><strong>Iran added that direct talks between Washington and Tehran are currently nonexistent</strong>, warning that any renewed US military strikes would result in immediate retaliation against US bases.&nbsp;</span></span></p>

<p><span style="font-size:inherit;"><span data-teams="true"><strong>LOCAL: Foreign direct investment (FDI) net inflows surged to USD 690 million in August, </strong>driven by a significant expansion in equity and investment fund shares amid foreign interest.&nbsp;</span></span></p>

<p><span style="font-size:inherit;"><span data-teams="true"><strong>Market impact: The PSEi declined as investors awaited fresh market catalysts</strong>, while the USD/PHP appreciated amid broad US dollar strength.&nbsp;</span></span></p>

<p><span style="font-size:inherit;"><span data-teams="true"><strong>The Bangko Sentral ng Pilipinas currently projects total FDI net inflows to contract to USD 6.5 billion by the end of the year</strong>, down from the USD 8.1 billion recorded in 2025.</span></span></p>