Catching some interesting momentum in the Singapore bourse lately. The STI has been climbing for three straight sessions, up nearly 80 points or 1.6 percent, sitting just above 5,015. Friday closed modestly higher at 5,017.60, with a mixed bag across financials, property and industrial stocks. The bigger picture though is the U.S. Supreme Court basically gutting Trump's tariff plans with a 6-3 ruling, which is giving Asian markets a nice tailwind heading into next week.

Wall Street bounced back strong despite some initial weakness from softer-than-expected GDP growth in Q4. The Dow added 0.47 percent, NASDAQ rallied 0.90 percent, and the S&P 500 climbed 0.69 percent. Oil prices were flat after spiking earlier on Iran tensions. What caught my eye is the Fed probably staying on hold with rates given the uptick in consumer price pressures.

For Singapore specifically, the CPI data is coming in later today. December showed inflation ticking up 0.3 percent monthly and 1.2 percent annually, with core CPI also at 1.2 percent year-on-year. I'm watching how the latest Singapore CPI print plays out—could influence whether the market keeps this upside momentum rolling. The combination of tariff relief and relatively stable inflation backdrop is setting up a decent tone for the week ahead.