新加坡10年期国债 (Singapore10Y) 加自选

海峡时报指数周二中午上涨31点，涨幅0.7%，至4472点，再次创下历史新高，并连续第六个交易日上涨。一夜之间，华尔街的反弹提振了投资者情绪，人们乐观地认为，在谈判代表达成一项涉及降低美国关税和中国对稀土出口让步的框架后，美国和中国可能会在周四签署一项贸易协议。本周晚些时候和12月再次降息的押注也支撑了风险偏好。在当地，新加坡金融管理局在10月中旬保持其政策立场不变，指出尽管全球贸易逆风，经济仍保持弹性。尽管如此，在本周晚些时候新加坡最大贸易伙伴中国官方PMI数据公布之前，谨慎的态度限制了涨幅。生产制造业、加工业和商业服务业领涨，星展银行集团（1.3%）、吉宝有限公司（1.1%）、第一资源公司（3.7%）和新加坡航空公司（0.9%）涨幅显著。

The Straits Times Index rose 31 points, or 0.7%, to 4,472 around noon on Tuesday, revisiting a record high and extending gains for a sixth straight session. A rally on Wall Street overnight lifted investor sentiment, amid optimism that the U.S. and China could sign a trade deal Thursday after negotiators reached a framework involving lower U.S. tariffs and Chinese concessions on rare earth exports. Bets for further U.S. Fed rate cuts later this week and again in December also supported risk appetite. Locally, the Monetary Authority of Singapore kept its policy stance unchanged in mid-October, noting that the economy remains resilient despite global trade headwinds. Still, gains were capped by caution ahead of official PMI data in China, Singapore's top trading partner, later this week. Producer manufacturing, process industries, and commercial services led the gains, with notable rises from DBS Group (1.3%), Keppel Ltd. (1.1%), First Resources (3.7%), and Singapore Airlines (0.9%).

STI指数升至4474.00点的历史高点。过去4周，富时海峡时报指数上涨4.76%，过去12个月上涨24.59%。

STI increased to an all-time high of 4474.00 Index Points. Over the past 4 weeks, FTSE Straits Times Index gained 4.76%, and in the last 12 months, it increased 24.59%.

新加坡制造业产量在2025年9月同比飙升16.1%，从上个月向上修正的9%的下降中反弹，远高于市场预期的0.5%的增长。这标志着自2024年8月以来最强劲的增长，因为电子产品（8月份为13.2%对-8.5%）和生物医学制造业（45.9%对-37.4%）的产出大幅复苏。此外，一般制造业的产出下降速度较慢（-4.7%对-13.7%）。另一方面，化学品（1.2%对4.5%）和运输工程（13.8%对18.8%）的产量有所放缓，而精密工程的产量继续下降（-5.9%对-1.3%）。经季节性调整的月度数据显示，9月份工业活动飙升至26.4%的14年高点，从前一个月向上修正的11%的跌幅反弹，轻松超过了市场预测的8.6%的涨幅。

Singapore's manufacturing production soared by 16.1% year-on-year in September 2025, rebounding from an upwardly revised 9% drop in the previous month and well above market expectations of a 0.5% gain. It marked the strongest growth since August 2024, as output recovered sharply for electronics (13.2% vs -8.5% in August) and biomedical manufacturing (45.9% vs -37.4%). In addition, output declined at a softer pace for general manufacturing industries (-4.7% vs -13.7%). On the other hand, output moderated for chemicals (1.2% vs 4.5%) and transport engineering (13.8% vs 18.8%), while it continued to fall for precision engineering (-5.9% vs -1.3%). On a seasonally adjusted monthly basis, industrial activity surged to a more than fourteen-year high of 26.4% in September, rebounding from an upwardly revised 11% drop in the previous month and easily surpassing market forecasts of an 8.6% rise.

新加坡私人住宅价格在2025年第三季度环比上涨0.9%，低于初步估计的1.2%，也低于上一季度1.0%的涨幅。这标志着连续第四个季度的增长，尽管速度有所放缓。地产价格的放缓最为明显，与第二季度的2.2%相比，地产价格上涨了1.4%。与此同时，受中部地区其他地区反弹（0.3%对-1.1%）的推动，非土地房地产价格略有加速（第二季度为0.8%对0.7%）。相比之下，核心中部地区（从3.0%降至1.7%）和中部以外地区（从1.1%降至0.8%）的价格增长均较为疲软。政府在一份声明中表示，将继续密切关注经济和房地产市场状况，确保有足够的私人住房和商业空间来满足人口和经济的需求。

Private home prices in Singapore rose 0.9% qoq in Q3 2025, revised down from the preliminary estimate of 1.2% and below the 1.0% increase in the previous quarter. This marked the fourth consecutive quarter of growth, albeit at a softer pace. The moderation was most evident in landed property prices, which rose 1.4% compared with 2.2% in Q2. Meanwhile, non-landed property prices accelerated slightly (0.8% vs 0.7% in Q2), driven by a rebound in the Rest of Central Region (0.3% vs -1.1%). In contrast, prices in the Core Central Region (1.7% from 3.0%) and Outside Central Region (0.8% from 1.1%) both recorded softer growth. In a statement, the government said it will continue to monitor economic and property market conditions closely and ensure adequate private housing and commercial space to meet the needs of the population and the economy.