Hurricane Trudy, which weakened from Category 3 to Category 1 on Friday, is forecast to pass near Mexico's Pacific coast between Michoacán and Jalisco from Saturday night through Sunday, and a hurricane warning covers the coast from Manzanillo to Playa Pérula. Its centre may stay offshore, so travellers and residents should follow local civil-protection orders and check airline and hotel notices. In Colombia, older permanent-resident visas must be transferred online before 31 October 2026, which is 14 days away. In Brazil, the dollar rose 0.6% against the real on Friday, and prediction markets still favour Flávio Bolsonaro in the runoff vote on 25 October. Argentina's country-risk gauge rose to 648 points.
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The Philippine peso closed at a record low of P63.09 per dollar on Monday, down 10.5 centavos from Friday's P62.985, as safe-haven demand tied to geopolitical risks kept the greenback strong. The level surpassed the previous all-time-low close of P63.06 on Oct. 15, and the peso has depreciated 6.82% year to date. Analysts cited elevated global crude prices as a driver of dollar demand and noted the peso was weaker ahead of the BSP's policy meeting on Thursday, where 20 of 22 economists in a BusinessWorld poll expect a fourth straight 25-basis-point hike. Philippine Institute for Development Studies fellow John Paolo R. Rivera said the bigger concern is prolonged depreciation that feeds inflation and weakens household purchasing power, with the peso seen between P63 and P63.20 on Tuesday.
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