F. Yap Securities / 2TradeAsia

Another volatile session might prevail, as market participants monitor the main gauge’s move back to the 7,000 mark.

Investors might debate on the local central bank’s next policy move, as the market fully digests higher inflation print for January.

Unable to keep its head above the 7,000 line, participants will monitor continuity of supply pressure before moving within good trading windows in key index shares.

Market participants might check if the recent selling would continue, or whether buyers would seize on this buying window to reposition.

Sessions may continue to rally, which would come from the anticipated Fed’s 25bps rate hike.

Buying might be seen, as fund managers seize on yesterday’s drop to position in key stocks.

Volatile sessions may continue, as participants weigh-in expectation from the Fed’s meeting this week, on top of month-end portfolio rebalancing.

Expect volatility to continue, with the month-end portfolio closing & prelude to the Fed’s policy meeting this week.

Participants might be on a wait-and-see mode following prior session’s performance, as most might seize on the latest strength to cash-out.

Continued momentum is seen, as the PSEi tests scoring near the 7,200 mark.

Movements might stay range-bound for now, pending clear catalysts from the Fed’s next move on its widely-tracked interest rate.

Activity might stay range-bound, as the market builds a sturdier base above the 7,000 zone.

Participants might get feelers on local gauges’ sequel ascent, especially with weak US retail sales & factory production data in December.