The local stock market is seen to be weighed down by expectations of an interest rate hike by the US Federal Reserve and by the reaction of central banks across the globe to this move.
“Next week, the local market may continue to move with a downward bias as investors watch out for the upcoming po
The local stock market is seen to try to build a base at the 6,600 level, although concerns remain over the weak peso as well as the high inflation and how the US Federal Reserve will address it later this month.
“Next week, the local market is expected to move sideways with a further testing of t
This week, the local stock market will be waiting for the June inflation rate announcement and some large cap corporate earnings results, although volume may be affected with the start of the Chinese Ghost Month.
“The local market is expected to move sideways as investors wait for catalysts. In pa