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Trump speech, macro data to help set market direction

Anita Gabriel

Anita Gabriel

Published Sun, Feb 26, 2017 · 09:50 PM

TRADERS' expectations of market-moving news last week didn't quite unfold with the minutes from the Federal Reserve's Open Market Committee providing little insight.

Moreover, having recovered from barely reacting to last Monday's Budget 2017 presentation, the news-hungry local bourse could see a varied trading pattern this week.

On traders' crosshair is the search for clues in US President Donald Trump's first address to a joint session of Congress on Feb 28, be it on his tax reform promises or the US's trade relationship with China.

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