F. Yap Securities / 2TradeAsia

Participants will monitor possible continuity of yesterday’s weak tone, while gauging prospective positioning in select large-caps.

Volatility may continue, as eyes are set whether local gauges would mimic prior session’s MOC-boost.

Market participants may sift through on reactions to BSP’s possible ‘gradual’ rate cut, as well as its key directions that would be taken next year under a Trump-led administration.

Range-bound movements are seen, as participants might monitor possible supply pressure on intra-day strength.

Expect volatility in the coming days, given mixed views whether or not the Fed would continue with its nascent interest rate easing cycle.

Caution would still be the main theme, as prospective buyers wait for the sell-off to abate.

Caution may continue to rule, as fund managers sift through Trump’s key policies, as well as latest interim results from large-caps (i.e., flattish on TEL, weakness in URC).

Equities investors will monitor fiscal policies in Trump administration, and its impact to US inflation & regional trade.

Participants will monitor sentiment to Donald Trump’s presidential victory, especially on the aspect of international trade & other geopolitical headlines.

Sequel rallies might be seen, as investors glide to Wall Street’s overnight incline.

Another subdued yet volatile session is seen, with most global investors on the watch for the US election & the Fed’s policy meeting.

Participants should expect volatility this week, with the US presidential election and the outcome of the Fed’s policy meeting.

Expect volatile sessions with the month-end closing, as well as US elections next week.

Participants might err on the side of caution, with yesterday’s sell-off.

Expect volatility with the month-end portfolio closing while participants heed for 3Q earnings releases and guidance for 4Q and 2025.