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Market View: Trump threatens 50% tariff on copper imports, warns levies on semiconductors and pharmaceuticals, Asian investors’ reactions in focus; China’s producer deflation deepens to worst level in almost two years in June; US FOMC Minutes due overnigh
Manage episode 493493519 series 2467889
Singapore shares rose today as investors mull new tariff threats by US President Donald Trump.
The Straits Times Index was up 0.23% at 4,056.99 points at 11.31am Singapore time, with a value turnover of S$490.29M seen in the broader market.
In terms of counters to watch for today, we have OCBC and Great Eastern, given how the insurer will resume trading after a vote for it to be delisted fell through at its extraordinary general meeting yesterday.
Elsewhere, from Trump’s latest comments to impose a 50 per cent tariff on imported copper, to China’s producer deflation deepening to its worst level in almost two years in June – more international headlines remain in focus.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Kenneth Goh, Director, Private Wealth Management, UOB Kay Hian.
See omnystudio.com/listener for privacy information.
4920 episodes
Manage episode 493493519 series 2467889
Singapore shares rose today as investors mull new tariff threats by US President Donald Trump.
The Straits Times Index was up 0.23% at 4,056.99 points at 11.31am Singapore time, with a value turnover of S$490.29M seen in the broader market.
In terms of counters to watch for today, we have OCBC and Great Eastern, given how the insurer will resume trading after a vote for it to be delisted fell through at its extraordinary general meeting yesterday.
Elsewhere, from Trump’s latest comments to impose a 50 per cent tariff on imported copper, to China’s producer deflation deepening to its worst level in almost two years in June – more international headlines remain in focus.
On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Kenneth Goh, Director, Private Wealth Management, UOB Kay Hian.
See omnystudio.com/listener for privacy information.
4920 episodes
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