Singapore Dollar Up Slightly Vs. USD After GDP Growth Slows, MAS Eases Policy -- Market Talk

Dow Jones04-14

0301 GMT - The Singapore dollar strengthens slightly against its U.S. counterpart in the Asian session. Traders are digesting the MAS's decision to ease policy and advance estimates showing Singapore's GDP growth slowed to 3.8% on year in 1Q 2025 from 5.0% in 4Q 2024. Goldman Sachs lowers Singapore's 2025 GDP growth forecast to 1.5% from 2.4% previously, citing the advance estimates. GS expects the MAS to keep policy settings on hold until end-2025. "However, given the global trade uncertainty and as the output gap turns negative alongside soft core CPI inflation, we see a significant risk of more easing from the MAS," two members of GS' Economics Research say in a note. USD/SGD edges 0.1% lower to 1.3170. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

April 13, 2025 23:01 ET (03:01 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2527928643?lang=en_US&edition=full_marsco","thumbnail":"","is_english":true,"pubTime":"2025-04-14 11:01","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2527928643","market":"sg","top_or_hot":-1,"title":"Singapore Dollar Up Slightly Vs. USD After GDP Growth Slows, MAS Eases Policy -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0301 GMT - The Singapore dollar strengthens slightly against its U.S. counterpart in the Asian session. Traders are digesting the MAS's decision to ease policy and advance estimates showing Singapore's GDP growth slowed to 3.8% on year in 1Q 2025 from 5.0% in 4Q 2024. Goldman Sachs lowers Singapore's 2025 GDP growth forecast to 1.5% from 2.4% previously, citing the advance estimates. GS expects the MAS to keep policy settings on hold until end-2025. \"However, given the global trade uncertainty and as the output gap turns negative alongside soft core CPI inflation, we see a significant risk of more easing from the MAS,\" two members of GS' Economics Research say in a note. USD/SGD edges 0.1% lower to 1.3170. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 13, 2025 23:01 ET (03:01 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Dollar Up Slightly Vs. USD After GDP Growth Slows, MAS Eases Policy -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Dollar Up Slightly Vs. USD After GDP Growth Slows, MAS Eases Policy -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-14 11:01</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0301 GMT - The Singapore dollar strengthens slightly against its U.S. counterpart in the Asian session. Traders are digesting the MAS's decision to ease policy and advance estimates showing Singapore's GDP growth slowed to 3.8% on year in 1Q 2025 from 5.0% in 4Q 2024. Goldman Sachs lowers Singapore's 2025 GDP growth forecast to 1.5% from 2.4% previously, citing the advance estimates. GS expects the MAS to keep policy settings on hold until end-2025. \"However, given the global trade uncertainty and as the output gap turns negative alongside soft core CPI inflation, we see a significant risk of more easing from the MAS,\" two members of GS' Economics Research say in a note. USD/SGD edges 0.1% lower to 1.3170. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 13, 2025 23:01 ET (03:01 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4550","symbol_name":"红杉资本持仓","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2527928643","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2527928643","pubTimestamp":1744599660,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0301 GMT - The Singapore dollar strengthens slightly against its U.S. counterpart in the Asian session. Traders are digesting the MAS's decision to ease policy and advance estimates showing Singapore's GDP growth slowed to 3.8% on year in 1Q 2025 from 5.0% in 4Q 2024. Goldman Sachs lowers Singapore's 2025 GDP growth forecast to 1.5% from 2.4% previously, citing the advance estimates. GS expects the MAS to keep policy settings on hold until end-2025. \"However, given the global trade uncertainty and as the output gap turns negative alongside soft core CPI inflation, we see a significant risk of more easing from the MAS,\" two members of GS' Economics Research say in a note. USD/SGD edges 0.1% lower to 1.3170. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4550":"红杉资本持仓","BK4588":"碎股","SG9999001440.SGD":"United Global Dividend Equity Fund A SGD Dist","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","BK4552":"Archegos爆仓风波概念","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","LU2237443895.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) ACC","BK6520":"工商业服务概念","LU2413666004.HKD":"BNP PARIBAS AQUA \"CRH\" (HKDHDG) INC","MAS":"马斯科","LU1721427968.SGD":"BNP PARIBAS AQUA \"CRH\" (SGDHDG) INC","BK6054":"综合支持服务","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","BK4086":"建筑产品","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU2413665964.HKD":"BNP PARIBAS AQUA \"C\" (HKD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","BK4504":"桥水持仓","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU1165135440.EUR":"BNP Paribas Aqua Classic Cap EUR","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","LU2237443465.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) INC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","BK4127":"投资银行业与经纪业","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","LU1868836914.USD":"CT (LUX) I AMERICAN \"3\" (USD) ACC","IE00BFXG1179.USD":"BNY MELLON U.S. EQUITY INCOME \"B\" (USD) INC","BK4516":"特朗普概念","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU1543694498.USD":"法巴水资源基金RH MD Dis","LU1868837136.USD":"CT (LUX) I AMERICAN \"8\" (USD) ACC","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","LU1868836591.USD":"CT (LUX) I AMERICAN \"1U\"(USD) ACC","LU1620156213.USD":"BNP PARIBAS AQUA \"C\" (USD) INC","BK4585":"ETF&股票定投概念","LU0106831901.USD":"贝莱德世界金融基金A2","LU1868836757.USD":"CT (LUX) I AMERICAN FUND \"2\" (USD) ACC","LU1620156130.USD":"BNP PARIBAS AQUA \"C\" (USD) ACC","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","43A.SI":"伟盛有限公司","LU0096364046.USD":"CT (LUX) I AMERICAN \"DU\" (USD) ACC","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","LU1596574779.USD":"BNP PARIBAS AQUA \"C\" (USDHDG) ACC","USD":"ProShares Ultra Semiconductors","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC"},"translate_title":"新加坡元兑美元小幅上涨GDP增长放缓，新加坡金融管理局放松政策——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"43A.SI":0.74,"MAS":1,"USD":1},"content_text":"0301 GMT - The Singapore dollar strengthens slightly against its U.S. counterpart in the Asian session. Traders are digesting the MAS's decision to ease policy and advance estimates showing Singapore's GDP growth slowed to 3.8% on year in 1Q 2025 from 5.0% in 4Q 2024. Goldman Sachs lowers Singapore's 2025 GDP growth forecast to 1.5% from 2.4% previously, citing the advance estimates. GS expects the MAS to keep policy settings on hold until end-2025. \"However, given the global trade uncertainty and as the output gap turns negative alongside soft core CPI inflation, we see a significant risk of more easing from the MAS,\" two members of GS' Economics Research say in a note. USD/SGD edges 0.1% lower to 1.3170. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 13, 2025 23:01 ET (03:01 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.33.2","shortVersion":"4.33.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2527928643"}