F. Yap Securities / 2TradeAsia

Similar mixed session is seen, as market players assess Pres. Trump’s latest rhetoric on tariffs on copper imports, plus upcoming semiconductors & pharmaceutical items.

The market may revert to ‘feeler-mode’ state, with the US’ 09 July tariff deadline.

Eyes are set on the release of June inflation (estimated at 1.1%-1.9% range), widely seen to remain benign vs May’s 1.3%.

Participants may keep an eye for possible supply pressure on intra-day rallies, ahead of the US Independence Day break.

Sentiment might anchor on improved manufacturing readings in June plus S&P Global’s outlook on the local banking sector.

Sentiment might take its cue from Wall Street’s overnight ascent, on hopes for more trade accord.

Another range-bound session is expected, as fund managers weigh on sequels once the 90-day tariff truce deadline expires, plus dialogues within the Israel-Iran ceasefire.

Sessions might move sideways, as participants prepare for quarter-end portfolio repositioning.

Local equities might take its cue from Wall Street’s continued advance, on hopes for results from Israel-Iran ceasefire.

Crude futures’ overnight retreat & breaking story of a ceasefire between Israel-Iran are set to lift optimism for equities.

Expect supply pressure, following the weekend US bombing of Iran’s nuclear facilities.

Follow-through buying is seen, given favorable backdrop at the macro front.

Participants may be watchful for possible continuity of supply pressure, given prior session’s trend.

Gauges may continue its ascent, as the market re-tests crossing near the 6,500 zone.

Sentiment might take its cue from Wall Street’s Friday advance, ahead of 09 June trade talks between China-US.