{"id":74535,"date":"2025-02-10T18:40:54","date_gmt":"2025-02-10T07:40:54","guid":{"rendered":"https:\/\/www.icmarkets.com\/blog\/?p=74535"},"modified":"2025-08-06T16:14:09","modified_gmt":"2025-08-06T06:14:09","slug":"monday-10th-february-2025-markets-mixed-amid-trade-tensions-and-inflation-worries","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com\/blog\/monday-10th-february-2025-markets-mixed-amid-trade-tensions-and-inflation-worries\/","title":{"rendered":"Monday 10th February 2025: Markets Mixed Amid Trade Tensions and Inflation Worries"},"content":{"rendered":"\n<h3><br \/>Global Markets:<\/h3>\n\n\n\n<ul>\n<li>&nbsp;Asian Stock Markets : Nikkei down 0.13%, Shanghai Composite up 0.61%, Hang Seng up 1.86% ASX down 0.34%<\/li>\n\n\n\n<li>Commodities : Gold at $2915.35 (0.93%), Silver at $32.75 (0.38%), Brent Oil at $75.19 (0.69%), WTI Oil at $71.54 (0.73%)<\/li>\n\n\n\n<li>Rates : US 10-year yield at 4.487, UK 10-year yield at 4.476, Germany 10-year yield at 2.377<\/li>\n<\/ul>\n\n\n\n<h3>News &amp; Data:<\/h3>\n\n\n\n<ul>\n<li>(CAD) Unemployment Rate&nbsp; 6.60% to 6.80% expected<\/li>\n\n\n\n<li>(CAD) Employment Change&nbsp; 76.0K vs 25.5K expected<\/li>\n\n\n\n<li>(USD) Non-Farm Employment Change&nbsp; 143K vs 169K expected<\/li>\n<\/ul>\n\n\n\n<h3>Markets Update:<\/h3>\n\n\n\n<p>Asia-Pacific markets showed mixed performance on Monday as rising trade tensions kept investors cautious. U.S. President Donald Trump stated he planned to impose a 25% tariff on all steel and aluminum imports, fueling market uncertainty. Japan\u2019s Nikkei 225 closed flat at 38,801.17, while the Topix index edged down 0.15% to 2,733.01. The country\u2019s loan growth slowed to 3% in January from December\u2019s 3.1%. South Korea\u2019s Kospi remained unchanged at 2,521.27, but the Kosdaq gained 0.91% to 749.67.<\/p>\n\n\n\n<p>Hong Kong\u2019s Hang Seng index rose 1.67%, and China\u2019s CSI 300 gained 0.11% after earlier losses. China\u2019s consumer inflation hit a five-month high in January due to Lunar New Year spending, with the CPI rising 0.7% monthly and 0.5% annually, surpassing Reuters\u2019 0.4% estimate. Meanwhile, the producer price index fell 2.3% annually, exceeding the expected 2.1% drop. Indian markets extended losses from Friday after the Reserve Bank of India\u2019s unexpected interest rate cut. The Nifty 50 fell 0.94%, while the BSE Sensex dropped 0.83%.<\/p>\n\n\n\n<p>Singapore\u2019s Straits Times Index hit a record high of 3,910.12 points, driven by gains in Singtel and major banks. The STI was up 0.68%. Australia\u2019s S&amp;P\/ASX 200 fell 0.34% to 8,482.80. The three key U.S. indexes fell Friday after Trump\u2019s tariff announcement and inflation concerns. Markets were further pressured by consumer sentiment and jobs data, which pointed to rising inflation and pushed the 10-year Treasury yield above 4.5% at its session high.<\/p>\n\n\n\n<p>The Dow Jones Industrial Average lost 444.23 points, or 0.99%, to close at 44,303.40. The S&amp;P 500 declined 0.95% to 6,025.99, and the Nasdaq Composite slid 1.36% to 19,523.40. Friday\u2019s losses pushed major indexes into negative territory for the week.<\/p>\n\n\n\n<h3>Upcoming Events:&nbsp;<\/h3>\n\n\n\n<ul>\n<li>02:00 PM GMT &#8211; EUR ECB President Lagarde Speaks<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: News &amp; Data: Markets Update: Asia-Pacific markets showed mixed [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":77277,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[196,215,339],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/74535"}],"collection":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/comments?post=74535"}],"version-history":[{"count":2,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/74535\/revisions"}],"predecessor-version":[{"id":74540,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/74535\/revisions\/74540"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media\/77277"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media?parent=74535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/categories?post=74535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/tags?post=74535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}