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April’s inflation print (3.8% vs. March’s 3.7%), would bring the four-month average to 3.425%, compared to prior year’s 7.875%.

Expect choppy sessions, ahead of April’s inflation announcement as well as latest headlines in the Middle East ceasefire talks.

The PSEi inched lower by -0.23% w-o-w to close at 6,615.5.

Sentiment might take its cue from Wall Street’s incline Friday (DJIA +1.18%, Nasdaq Comp. +2%), as Fed rate cut prospect resurfaces.