F. Yap Securities / 2TradeAsia

Attention is on BSP’s policy meeting, with consensus for possible 25bps rate cut.

Buyers might bid for time until sessions break-away from the usual solid opening, only to meet supply pressure in the process.

Renewed positioning might be in store for local equities, as buyers aim for the 6,000 mark.

Focus is set on MSCI’s basket review, that would be balanced by rate cut expectations from local monetary policy makers’ meeting this week.

Sessions might be range-bound, as participants monitor stabilization above 6,200.

Having recouped its poise above the 6,000 zone, investors will continue to monitor possible revert to 6,500-6,800, although some could seize on this strength to cash-out given volatile headlines on tariff-related issues & sequels to impeachment headlines at home.

Market players would monitor the PSEi’s staying power above the 6,000 zone, as sentiment takes its cue from developments on Trump’s trade tariff measures.

Regional markets’ attention might sway to latest news on the 30-day reprieve reportedly agreed upon by Trump, as well as Mexico & Canada, on the effectivity of the recently-imposed importation tariff.

Caution may be the main carrying theme, with the PSEi falling below the 6,000 psychological zone.

Expect volatile sessions with the month-end portfolio closing.

Attention is set on Philippine 4Q24 GDP, as well as BSP’s sequel guidance on monetary policies.

The market might take comfort from Pres. Trump’s latest statement in the World Economic Forum calling for OPEC to reduce prices & for central banks to support lowering interest rates.

Market participants may continue to monitor supply presence in select sectors during intra-day strength, as sentiment takes its cue from Wall Street’s incline.

Participants may continue to search for trading windows in select stocks, while heeding for latest corporate earnings & other new leads.

Activity might remain light, as global fund managers’ attention is swayed to movements at the crypto & currencies market.