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 sentiment, to how Korea Exchange’s CEO sees the Kospi hitting 6,000 points, more international headlines remain in focus.  Also on deck, how China left benchmark loan prime rates unchanged for the eighth consecutive month in January today, matching market expectations. On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Kelvin Wong, Senior Analyst, OANDA.See omnystudio.com/listener for privacy information.