
CNBC International
February 10, 2025 at 08:04 AM
*Singapore markets at a high*
Singapore’s Straits Times Index hit an all-time high, lifted by shares of their largest bank DBS Group Holdings, which jumped 2.6% and touched a new record.
➡️ https://cnb.cx/4gETmtb
*New steel and aluminum tariffs*
Trump will announce on Monday additional 25% tariffs on all aluminum and steel imports into the U.S., these will come on top of already existing levies.
➡️ https://cnb.cx/4hHhsVu
*China’s mixed price signals*
Consumer prices in China spiked a higher-than-expected 0.5% in January on an annual basis, according to authorities on Sunday. However, producer prices dropped 2.3% in January year on year for their 28th straight month of declines.
➡️ https://cnb.cx/4jQKGCY
*Inflation in focus this week*
The consumer and producer price indexes for January will be especially important to investors because January’s jobs report showed a higher-than-anticipated wage growth.
➡️ https://cnb.cx/42IIsiZ
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