F. Yap Securities / 2TradeAsia

Participants would monitor reception to slower-than-expected 1Q US GDP, as well as higher inflation print.

Local gauges may continue its positive trend, as sentiment takes its cue from Wall Street’s strength.

Local equities might take its cue from Wall Street’s upbeat trend, as participants await the release of more 1Q earnings report.

Local equities may continue to reinforce its strength, given the latest trend.

Market participants will monitor continuity of the local bourse’s recent recovery, possibly back to 6,500.

Market participants will monitor continuity of Friday’s supply pressure, especially with softer gauges from Wall Street & crude’s ascent as a result of geopolitical headlines.

Recovery angles are seen, as the PSEi reverts back to 6,800-6,850 zone.

Comparative inflation is slowing, as 1Q24 average was at 3.3%, compared to 1Q23’s 8.3% and 4Q23’s 4.3%.

Mixed trades might characterize Thursday’s trades, as investors heed for the latest inflation gauge data due Friday.

Barely a few points shy of the 7,000 zone, market participants are seen to monitor crosses above this mark while heeding for other momentum support.

Activity may stay range-bound in the absence of new leads, as most investors prepare for the Lenten pause.

Market participants will monitor prospective crosses above the 7,000 zone, given the series of net foreign buying support in select large-caps.

Positive sentiment for less-restrictive monetary policies this year might reverberate in the region, given the Fed’s move to adopt a status quo on its widely-tracked interest rate.

Participants will check whether the market would continue its sideways trail, or sentiment would glide to Wall Street’s overnight incline, ahead of the Fed’s meeting conclusion on interest rate policy.

Participants might laud the passage on final reading CREATE MORE, especially with the lowering of corporate income tax to 20%.