The FBM KLCI advanced in tandem with the mostly positive regional peers. Looking ahead, we reckon that the key index may look to take a jab towards the 1,400 psychological level as sentiment remains in favour. The lower liners are also benefitting with rotational play that were evident across the board, whilst trading activities gather pace as traders nibble onto beaten down stocks. While investors are anticipating softer US inflation data, this suggests that the monetary tightening cycle may near its peak and bodes well for the equities market. Meanwhile, the barrage of US corporate earnings releases will be in focus.