F. Yap Securities / 2TradeAsia

Local equities might be on weaker trail, as sentiment glides to Wall Street’s overnight drop (DJIA -1.66%, Nasdaq Comp. -2.05%).

Local sessions might test higher planes, with macro headlines being factored into prices. The focus would be on

Market participants will weigh if sentiment would glide more to prospects for faster Fed rate hikes against tamer inflation results for February at home.

Focus will be on Friday’s inflation, and sequel measures that will be taken by the local central bank on its monetary policies.

Sessions may advance, taking its lead from Wall Street’s overnight incline Friday (DJIA +1.17%, Nasdaq Comp. +1.97%).

Select sectors might be in focus, specifically leisure/gaming bets, given BLOOM’s earnings results.

Expect volatility to prevail, ahead of the release of February’s inflation data.

Caution would likely be thrown anew, given yesterday’s MOC-sell-off (especially for holdings & property).

Attention would be on possible recovery for local gauges, as sentiment trails Wall Street’s overnight ascent, plus possible consideration for

Volatility may prevail, as the market balances expectations for tightened monetary policies versus recovery prospects.

Participants will monitor if supply pressure would continue, having weakened below the 6,700 zone.

Expect supply pressure on intra-day ascents, as most factor-in tighter monetary policies to address inflation.

Meanwhile, interest in specific sectors tied to RE, agri & food security, mineral exploration may perk-up trading interest.