The Philippine Senate impeachment court’s recent decisions have shaped trader assessments of conviction odds for Vice President Sara Duterte. Prosecutors withdrew three of four articles on October 13, narrowing the case to unexplained wealth while asserting that presented evidence on asset disclosures and financial records remains sufficient for removal. Earlier Senate rulings lowered the two-thirds threshold to 14 votes among the roughly 20 participating senator-judges after excluding four absent allies, a change upheld by the Supreme Court. Defense presentation is scheduled to begin November 9, with the trial recessed for budget deliberations. These procedural shifts, combined with the Marcos-aligned majority’s control of the chamber and the permanent disqualification risk tied to any guilty verdict, underpin the current implied probability that conviction will occur before resolution.