F. Yap Securities / 2TradeAsia

Yet, with inflation still on the radar screen, expect some to seize on intra-day strength to

Technical breathers are seen, given the run-up since the start of trading for 2023.

Momentum continuity is seen, as investors take hope on the Fed’s consideration for gradual policy tightening to balance risks to economic growth.

Attention is set whether the PSEi would continue its advance, riding on improved business resumption for 1Q23.

Expect volatile sessions to start 2023 as investors digest lead headlines that transpired during the extended New Year break.

Expect volatility as participants go on light trading mode for the final trading sessions of 2022.

Volatile sessions are seen, as players weigh on corporate earnings growth prospects in 2023, against the backdrop of monetary policy tightening.

Higher trend is seen for equities, especially with the briefing from TEL that clarified action steps that would be taken on

Focus will be on continuity of yesterday’s rise, as participants balance the surprise change in Bank of Japan’s (BoJ)

Base levels will be tested for bulk of trading sessions this week, following the PSEi’s move below the 6,500 mark.

Light sessions are seen, as some buyers might remain at bay pending reactions to Wall Street’s overnight descent (DJIA -2.25%, Nasdaq Comp. -3.23%).

Sentiment might glide to Wall Street’s weakness (DJIA – 0.42%, Nasdaq Comp. -0.76%), given the Fed’s indicative rate hike in 2023.