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Market View: US Treasury yields climb to highest level in over four months; Korea Exchange’s CEO sees Kospi hitting 6,000 points; China left benchmark loan prime rates unchanged; Tourists to Japan hits record high in December; Citigroup downgrades European equities for first time in over a year; SGX to watch
Singapore shares were little moved today as Asian markets traded mostly lower. The Straits Times Index was up 0.05% at 4,837.15 points at 2.12pm Singapore time, with a value turnover of S$927.87M seen in the broader market. In terms of counters to watch, we have the Singapore Exchange, after the local bourse announced yesterday that it will expand its current suite of offerings to introduce futures on longer-dated Japanese government bonds (JGB). Elsewhere, from how US Treasury yields climbed to their highest level in more than four months, as a resurgence of trade-war concerns hit risk…
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