In our latest Weekly Market Review, in collaboration with the Securities Investors Association Singapore (SIAS), we’re diving deep into some pivotal changes in the global equity market. We’re also shedding light on CapitaLand Integrated Commercial Trust (CICT), CapitaLand Ascendas REIT (CLAR), and the Singapore Exchange (SGX). Grab a coffee and check out the video for insights into our focus this week.
### Weekly Market Review
#### Macro Update
Let’s kick things off with a look at the markets: last week, the S&P 500 slipped by 0.2% while the Nasdaq dipped by 0.5%. This retreat came in the wake of Donald Trump’s tariff announcement, which caught many by surprise. Trump had initially decided to impose hefty tariffs, 25% on imports from Mexico and Canada, and a 10% levy on goods coming in from China, which were slated to kick in on February 1. However, just this Monday, there was news of a 30-day delay for the Mexico and Canada tariffs, hinting that negotiations might still be on the table.
This has raised a fair amount of concern among investors, as the tariffs are widely perceived as inflationary. There’s a fear they could potentially slow down the anticipated rate cuts by the US Federal Reserve. Furthermore, with the tariffs likely to bolster the US dollar, there’s the added worry of disruptions to global trade. These economic moves could put additional pressure on…
