加元/新加坡元 (CADSGD) 加自选

新加坡央行将向三家资产管理公司——Avanda Investment Management、JP Morgan asset Management和Fullerton Fund Management——拨款11亿新元，作为其旨在加强当地股市的50亿新元股票市场发展计划（EQDP）的一部分。此前，新加坡金融管理局（MAS）进行了更广泛的审查，并于2023年8月启动了一项市场调查，以改善市场结构和运作。新加坡金融管理局表示，这些经理的选择是基于他们的战略与EQDP目标的一致性以及他们对建设新加坡资产管理能力的承诺等因素。浮尔顿由国有投资者淡马锡持有。今年晚些时候将宣布该计划下的更多共同投资。新加坡金融管理局指出，全球、地区和地方的100多家资产管理公司已表示有兴趣，并计划分批审查申请，以加快管理公司的选择和资本部署。

Singapore’s central bank will allocate SGD 1.1 billion to three asset managers—Avanda Investment Management, JP Morgan Asset Management, and Fullerton Fund Management—as part of its SGD 5 billion Equity Market Development Programme (EQDP) aimed at strengthening the local stock market. The move follows a broader review by the Monetary Authority of Singapore (MAS) and a market probe launched in August 2023 to improve market structure and functioning. MAS said the managers were selected based on factors such as the alignment of their strategies with EQDP goals and their commitment to building Singapore’s asset management capabilities. Fullerton is owned by state investor Temasek. More co-investments under the program will be announced later this year. MAS noted that over 100 asset managers—global, regional, and local—have expressed interest, and it plans to review applications in batches to accelerate both manager selection and capital deployment.

周一，标准普尔/多伦多证交所综合指数微涨至27317点，矿业股的强劲上涨抵消了能源板块的疲软，对美国贸易谈判的乐观情绪再次高涨。美国商务部长霍华德·卢特尼克断言，华盛顿和布鲁塞尔可以在8月1日的关税最后期限之前达成协议，这重振了人们的希望，即加拿大出口商，特别是金属和农业出口商，将在主要海外市场遇到更少的壁垒。金价的同时上涨推动主要矿商走高，Agnico Eagle、Wheaton Precious Metals和Barrick gold均上涨2.7%至3.9%。在宏观方面，加拿大统计局报告称，在能源投入和有色金属的强劲推动下，6月份工业产品价格指数环比上涨0.4%，原材料价格指数飙升2.7%，进一步支撑了资源板块股票。

The S&P/TSX Composite inched up to close at 27,317 on Monday, as robust gains in mining stocks more than offset weakness in the energy sector amid renewed optimism over US trade negotiations. US Commerce Secretary Howard Lutnick’s assertion that Washington and Brussels could finalize an agreement before the August 1st tariff deadline has reinvigorated hopes that Canadian exporters, particularly in metals and agriculture, will encounter fewer barriers in key overseas markets. A concurrent lift in gold prices drove major miners higher, with Agnico Eagle, Wheaton Precious Metals and Barrick Gold each jumping between 2.7% and 3.9%. On the macro front, Statistics Canada reported a 0.4% month-over-month rise in the Industrial Product Price Index and a 2.7% surge in the Raw Materials Price Index for June, fueled by strength in energy inputs and non-ferrous metals, further underpinning resource-sector equities.

加拿大央行 调查显示，企业对关税影响的担忧正在缓解。加拿大银行周一发布了一式三份的调查报告，第二季度商业展望调查显示，与第一季度相比，第二财季的直接关税影响较小，而加拿大央行 《商业领袖脉搏》显示，出口导向型企业对最坏关税情景的预期比以前有所下降。 The 加拿大央行的 消费者预期调查还显示，尽管有所改善，但加拿大普通消费者普遍预计明年将面临经济衰退。

BoC surveys show business fears of tariff impacts are easing.The Bank of Canada (BoC) released triplicate survey reports on Monday, with the Q2 Business Outlook Survey showing less direct tariff impact in Q2 compared to Q1, while the BoC Business Leaders' Pulse showed less export-focused firms expect worst-case tariff scenarios than before. The BoC's Survey of Consumer Expectations also showed that despite improvements, the average Canadian consumer overwhelmingly expects to face recession conditions in the next year.

2025年6月，加拿大工业生产者价格同比上涨1.7%，标志着连续第九个月出现年度上涨。对年度增长贡献最大的是未锻造的黄金、白银和铂族金属及其合金，其价格飙升了30.9%，这主要是由于过去一年强劲的避险投资需求。其他值得注意的贡献者包括新鲜和冷冻牛肉和小牛肉，同比增长15.7%。不利的一面是，关键的同比跌幅是成品车用汽油（-9.5%）、柴油（-5.6%）和未锻造镍和镍合金（-14.5%）。

Canada’s industrial producer prices rose 1.7% year-over-year in June 2025, marking the ninth consecutive month of annual increases. The strongest contributor to the annual gain was unwrought gold, silver, and platinum group metals and their alloys, which surged 30.9%, driven largely by robust safe-haven investment demand over the past year. Other notable contributors included fresh and frozen beef and veal, up 15.7% year-over-year. On the downside, key year-over-year decliners were finished motor gasoline (-9.5%), diesel fuel (-5.6%), and unwrought nickel and nickel alloys (-14.5%).