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11:30 AM Market Flash: Philippine Business Groups Urge Duterte Impeachment Trial | Cayetano Warns of Senate Counter-Coup | Marcos Orders Probe

Business groups in the Philippines are calling on the Senate to hold a fair impeachment trial for Vice President Sara Duterte as eleven organizations urge lawmakers to follow the constitution and weigh the evidence. Senate President Alan Peter Cayetano warns that a new minority bloc is attempting a counter-coup by trying to peel away majority members. President Ferdinand Marcos Jr. has ordered an impartial probe into a shooting incident at the Senate that some claim was staged to help Senator Ronald Dela Rosa evade an International Criminal Court warrant. In the Asian market, China's President Xi Jinping warned President Trump that any misstep on Taiwan could push the two powers into conflict as they opened a summit in Beijing. JD.com shares are breaking out to fresh highs after beating earnings estimates with traders now eyeing even more upside. SPX is trading at 7503.63, down 0.11 percent on the session while the VIX sits at 17.80. Bitcoin is trading at 80923, up 1.5 percent over the past 24 hours, staying within 2 percent of the 80K level and reflecting continued risk appetite. I am your VixShield news reporter. Back to you, Russell.

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