{"id":44509,"date":"2026-04-11T00:58:32","date_gmt":"2026-04-11T00:58:32","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/44509\/"},"modified":"2026-04-11T00:58:32","modified_gmt":"2026-04-11T00:58:32","slug":"dbs%e3%82%b0%e3%83%ab%e3%83%bc%e3%83%97%e3%83%bb%e3%83%aa%e3%82%b5%e3%83%bc%e3%83%81%e3%81%af%e3%80%81mas%e3%81%8c%e3%82%a4%e3%83%b3%e3%83%95%e3%83%ac%e6%8a%91%e5%88%b6%e3%82%92%e9%87%8d%e8%a6%96","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/jp-asia\/live-updates\/44509\/","title":{"rendered":"DBS\u30b0\u30eb\u30fc\u30d7\u30fb\u30ea\u30b5\u30fc\u30c1\u306f\u3001MAS\u304c\u30a4\u30f3\u30d5\u30ec\u6291\u5236\u3092\u91cd\u8996\u3057\u3064\u3064\u3001\u30b7\u30f3\u30ac\u30dd\u30fc\u30eb\u30c9\u30eb\u540d\u76ee\u5b9f\u52b9\u70ba\u66ff\u30ec\u30fc\u30c8\uff08SGD NEER\uff09\u306e\u653f\u7b56\u30d0\u30f3\u30c9\u306e\u4e0a\u6607\u52fe\u914d\u3092\u5c0f\u5e45\u306b\u5f15\u304d\u4e0a\u3052\u308b\u3068\u4e88\u60f3"},"content":{"rendered":"

DBS\u30b0\u30eb\u30fc\u30d7\u30fb\u30ea\u30b5\u30fc\u30c1\u306f\u3001\u30b7\u30f3\u30ac\u30dd\u30fc\u30eb\u91d1\u878d\u7ba1\u7406\u5c40\uff08MAS\uff09\u304c4\u670814\u65e5\u306e\u4f1a\u5408\u3067\u3001\u30b7\u30f3\u30ac\u30dd\u30fc\u30eb\u30c9\u30eb\u306e\u540d\u76ee\u5b9f\u52b9\u70ba\u66ff\u30ec\u30fc\u30c8\uff08SGD NEER\uff09\u306e\u653f\u7b56\u30d0\u30f3\u30c9\u306e\u300c\u50be\u304d\u300d\u3092\u5c0f\u5e45\u306b\u4e0a\u65b9\u4fee\u6b63\u3059\u308b\u3068\u4e88\u60f3\u3057\u3066\u3044\u308b\u3002\u3053\u308c\u306f\u3001\u6628\u5e74\u5b9f\u65bd\u3055\u308c\u305f\u50be\u304d\u5f15\u304d\u4e0b\u3052\uff08\u5f15\u304d\u7de0\u3081\u5ea6\u5408\u3044\u306e\u5f31\u307e\u308a\uff09\u306e\u53cd\u8ee2\u3068\u306a\u308b\u898b\u8fbc\u307f\u3060\u3002<\/p>\n

\u3053\u306e\u4e88\u60f3\u306e\u80cc\u666f\u306b\u306f\u3001\u5317\u6d77\u30d6\u30ec\u30f3\u30c8\u539f\u6cb9\u304c1\u30d0\u30ec\u30eb\uff1d100\u7c73\u30c9\u30eb\u8fd1\u8fba\u3067\u63a8\u79fb\u3057\u3066\u3044\u308b\u3053\u3068\u3001\u8f38\u51fa\u304c\u5e95\u5805\u3044\u3053\u3068\u304c\u3042\u308b\u3002\u3053\u308c\u306b\u3088\u308a\u3001\u8f38\u5165\u54c1\u306e\u5024\u4e0a\u304c\u308a\u306b\u3088\u308b\u7269\u4fa1\u4e0a\u6607\uff08\u8f38\u5165\u30a4\u30f3\u30d5\u30ec\uff09\u3078\u306e\u8b66\u6212\u304c\u5f37\u307e\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3002MAS\u306f\u30a4\u30f3\u30d5\u30ec\u898b\u901a\u3057\uff08\u4e88\u6e2c\uff09\u3082\u66f4\u65b0\u3059\u308b\u3068\u307f\u3089\u308c\u308b\u3002<\/p>\n

Expected Inflation Forecast Revisions<\/h3>\n

\u30b3\u30a2\u30a4\u30f3\u30d5\u30ec\uff08\u751f\u9bae\u98df\u54c1\u3084\u30a8\u30cd\u30eb\u30ae\u30fc\u306a\u3069\u4fa1\u683c\u5909\u52d5\u304c\u5927\u304d\u3044\u54c1\u76ee\u3092\u9664\u3044\u305f\u57fa\u8abf\u7684\u306a\u7269\u4fa1\u4e0a\u6607\u7387\uff09\u306f\u3001\u5f93\u6765\u306e1\u301c2%\u304b\u30891.5\u301c2.5%\u3078\u4e0a\u65b9\u4fee\u6b63\u3055\u308c\u308b\u898b\u901a\u3057\u3060\u3002\u6d88\u8cbb\u8005\u7269\u4fa1\u6307\u6570\uff08CPI\uff09\u7dcf\u5408\uff08\u3059\u3079\u3066\u306e\u54c1\u76ee\u3092\u542b\u3080\u6307\u6a19\uff09\u3082\u3001\u30a8\u30cd\u30eb\u30ae\u30fc\u4fa1\u683c\u306e\u4e0a\u6607\u3092\u53cd\u6620\u3057\u3066\u5f15\u304d\u4e0a\u3052\u3089\u308c\u308b\u53ef\u80fd\u6027\u304c\u9ad8\u3044\u3002<\/p>\n

MAS\u306f\u91d1\u878d\u653f\u7b56\u6c7a\u5b9a\u3068\u540c\u6642\u306b\u30012026\u5e741\u301c3\u6708\u671f\uff081Q26\uff09\u306eGDP\uff08\u56fd\u5185\u7dcf\u751f\u7523\uff09\u306e\u901f\u5831\u63a8\u8a08\u3082\u767a\u8868\u3059\u308b\u4e88\u5b9a\u3060\u3002GDP\u306f\u524d\u5e74\u6bd45.4%\u3001\u524d\u671f\u6bd4\uff08\u5b63\u7bc0\u8abf\u6574\u6e08\u307f\uff09-1.1%\u304c\u898b\u8fbc\u307e\u308c\u308b\u30022025\u5e7410\u301c12\u6708\u671f\uff084Q25\uff09\u306e\u524d\u5e74\u6bd46.3%\u3001\u524d\u671f\u6bd4\uff08\u5b63\u7bc0\u8abf\u6574\u6e08\u307f\uff092.1%\u304b\u3089\u306f\u6e1b\u901f\u3068\u306a\u308b\u3002<\/p>\n

\u5f53\u793e\u306f\u3001MAS\u304c4\u670814\u65e5\u306bSGD NEER\u653f\u7b56\u30d0\u30f3\u30c9\u306e\u50be\u304d\u3092\u5c0f\u5e45\u306b\u5f15\u304d\u4e0a\u3052\u3001\u91d1\u878d\u653f\u7b56\u3092\u5f15\u304d\u7de0\u3081\u65b9\u5411\u306b\u52d5\u304b\u3059\u3068\u307f\u308b\u3002MAS\u306e\u67a0\u7d44\u307f\u3067\u306f\u3001\u50be\u304d\u306f\u6642\u9593\u306e\u7d4c\u904e\u306b\u6cbf\u3063\u305f\u901a\u8ca8\u9ad8\uff08\u307e\u305f\u306f\u901a\u8ca8\u5b89\uff09\u306e\u30da\u30fc\u30b9\u3092\u793a\u3057\u3001\u50be\u304d\u3092\u4e0a\u3052\u308b\u3053\u3068\u306f\u3001\u3088\u308a\u901f\u3044\u30da\u30fc\u30b9\u3067\u306e\u901a\u8ca8\u9ad8\uff08\u305f\u3060\u3057\u6025\u6fc0\u3067\u306f\u306a\u3044\uff09\u3092\u8a31\u5bb9\u3057\u3066\u7269\u4fa1\u4e0a\u6607\u3092\u6291\u3048\u308b\u72d9\u3044\u3092\u610f\u5473\u3059\u308b\u3002<\/p>\n

\u7126\u70b9\u306f\u8f38\u5165\u30a4\u30f3\u30d5\u30ec\u306e\u6291\u5236\u306b\u79fb\u3063\u3066\u3044\u308b\u3002\u80cc\u666f\u306b\u306f\u3001\u30d6\u30ec\u30f3\u30c8\u539f\u6cb9\u4fa1\u683c\u304c\u56db\u534a\u671f\u3092\u901a\u3058\u30661\u30d0\u30ec\u30eb\uff1d100\u7c73\u30c9\u30eb\u4ed8\u8fd1\u3067\u9ad8\u6b62\u307e\u308a\u3057\u3066\u3044\u308b\u3053\u3068\u304c\u3042\u308b\u3002\u76f4\u8fd1\u30c7\u30fc\u30bf\u3082\u3053\u306e\u5224\u65ad\u3092\u652f\u3048\u308b\u3002\u30b7\u30f3\u30ac\u30dd\u30fc\u30eb\u306e\u975e\u77f3\u6cb9\u56fd\u5185\u8f38\u51fa\uff08NODX\uff1a\u77f3\u6cb9\u95a2\u9023\u3092\u9664\u304f\u8f38\u51fa\u306e\u6307\u6a19\uff09\u306f2026\u5e743\u6708\u306b\u524d\u5e74\u6bd44.5%\u5897\u3068\u5e95\u5805\u304f\u3001\u901a\u8ca8\u9ad8\u306b\u5bfe\u3059\u308b\u8010\u6027\u3092\u793a\u3057\u3066\u3044\u308b\u3002\u3053\u308c\u306b\u3088\u308a\u3001\u5f53\u5c40\u306f\u7269\u4fa1\u512a\u5148\u306e\u59ff\u52e2\u3092\u53d6\u308a\u3084\u3059\u304f\u306a\u308b\u3002<\/p>\n

Trading Implications For Sgd<\/h3>\n

\u30c7\u30ea\u30d0\u30c6\u30a3\u30d6\uff08\u91d1\u878d\u6d3e\u751f\u5546\u54c1\uff09\u53d6\u5f15\u3067\u306f\u3001\u7c73\u30c9\u30eb\u306a\u3069\u306b\u5bfe\u3059\u308b\u30b7\u30f3\u30ac\u30dd\u30fc\u30eb\u30c9\u30eb\u9ad8\u3092\u60f3\u5b9a\u3057\u305f\u69cb\u3048\u304c\u793a\u5506\u3055\u308c\u308b\u3002\u305f\u3068\u3048\u3070SGD\u30b3\u30fc\u30eb\u30aa\u30d7\u30b7\u30e7\u30f3\uff08\u5c06\u6765\u3001\u3042\u3089\u304b\u3058\u3081\u6c7a\u3081\u305f\u30ec\u30fc\u30c8\u3067SGD\u3092\u8cb7\u3046\u6a29\u5229\uff09\u3092\u8cb7\u3046\u6226\u7565\u304c\u8003\u3048\u3089\u308c\u308b\u3002\u653f\u7b56\u6587\u8a00\u304c\u30bf\u30ab\u6d3e\uff08\u5f15\u304d\u7de0\u3081\u306b\u7a4d\u6975\u7684\u306a\u59ff\u52e2\uff09\u5bc4\u308a\u306a\u3089\u3001\u901a\u8ca8\u9ad8\u306b\u3064\u306a\u304c\u308a\u3084\u3059\u3044\u3002\u904e\u53bb\u306b\u306f\u3001MAS\u304c2022\u5e74\u306b\u5e02\u5834\u4e88\u60f3\u3092\u4e0a\u56de\u308b\u5f15\u304d\u7de0\u3081\u3092\u884c\u3063\u305f\u5f8c\u3001SGD\u306f\u5bfe\u7c73\u30c9\u30eb\u3067\u305d\u306e\u5f8c3\u30ab\u6708\u307b\u3069\u5927\u304d\u304f\u4e0a\u6607\u3057\u305f\u3002<\/p>\n

\u540c\u6642\u767a\u8868\u3055\u308c\u308b1Q26\u306eGDP\u901f\u5831\uff08\u5f53\u793e\u4e88\u60f3\u306f\u524d\u5e74\u6bd45.4%\uff09\u3082\u3001\u5f15\u304d\u7de0\u3081\u3092\u6b63\u5f53\u5316\u3057\u3084\u3059\u3044\u6750\u6599\u3068\u306a\u308b\u30022025\u5e74\u5f8c\u534a\u304b\u3089\u306f\u6e1b\u901f\u3067\u3082\u3001\u666f\u6c17\u306e\u57fa\u8abf\u304c\u5d29\u308c\u3066\u3044\u306a\u3044\u3053\u3068\u3092\u793a\u3059\u305f\u3081\u3060\u3002\u5148\u7269\u70ba\u66ff\u4e88\u7d04\uff08\u30d5\u30a9\u30ef\u30fc\u30c9\uff1a\u5c06\u6765\u306e\u70ba\u66ff\u30ec\u30fc\u30c8\u3092\u3042\u3089\u304b\u3058\u3081\u56fa\u5b9a\u3059\u308b\u5951\u7d04\uff09\u3067\u4f1a\u5408\u524d\u306bSGD\u30ed\u30f3\u30b0\uff08SGD\u8cb7\u3044\uff09\u3092\u7d44\u3080\u624b\u3082\u3042\u308b\u3002<\/p>\n

\u307e\u305f\u3001\u3053\u306e\u653f\u7b56\u5909\u66f4\u306f\u56fd\u5185\u91d1\u5229\u306e\u4e0a\u6607\u5727\u529b\u306b\u306a\u308a\u3084\u3059\u3044\u3002\u30b7\u30f3\u30ac\u30dd\u30fc\u30eb\u7fcc\u65e5\u7269\u91d1\u5229\u306e\u5e73\u5747\u3067\u3042\u308bSORA\uff08Singapore Overnight Rate Average\uff09\u306b\u306f\u4e0a\u6607\u3092\u898b\u8fbc\u307f\u3084\u3059\u3044\u3002\u91d1\u5229\u30b9\u30ef\u30c3\u30d7\uff08\u56fa\u5b9a\u91d1\u5229\u3068\u5909\u52d5\u91d1\u5229\u306e\u652f\u6255\u3044\u3092\u4ea4\u63db\u3059\u308b\u5951\u7d04\uff09\u3067\u5099\u3048\u308b\u6226\u7565\u3082\u8003\u3048\u3089\u308c\u308b\u30023\u6708\u306e\u30b3\u30a2\u30a4\u30f3\u30d5\u30ec\u304c2.1%\u3068\u9ad8\u3081\u3067\u3001\u91d1\u5229\u4e0a\u6607\u3092\u5f8c\u62bc\u3057\u3057\u3084\u3059\u3044\u3002<\/p>\n

SGD\u30aa\u30d7\u30b7\u30e7\u30f3\u306e\u30a4\u30f3\u30d7\u30e9\u30a4\u30c9\u30fb\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\uff08\u5e02\u5834\u304c\u7e54\u308a\u8fbc\u3080\u5c06\u6765\u306e\u5024\u52d5\u304d\u306e\u5927\u304d\u3055\uff09\u3082\u3001\u767a\u8868\u307e\u3067\u9ad8\u6b62\u307e\u308a\u3057\u3084\u3059\u3044\u3002\u9375\u306f\u3001MAS\u304c\u516c\u5f0f\u30a4\u30f3\u30d5\u30ec\u898b\u901a\u3057\u3092\u4e0a\u65b9\u4fee\u6b63\u3059\u308b\u304b\u3069\u3046\u304b\u3060\u3002\u30b3\u30a2\u30a4\u30f3\u30d5\u30ec\u898b\u901a\u3057\u304c1.5\u301c2.5%\u306b\u5f15\u304d\u4e0a\u3052\u3089\u308c\u308c\u3070\u3001\u30bf\u30ab\u6d3e\u3078\u306e\u8ee2\u63db\u3092\u88cf\u4ed8\u3051\u3001\u4eca\u5f8c\u6570\u9031\u9593\u306eSGD\u9ad8\u3092\u652f\u3048\u3084\u3059\u3044\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u6cb9\u4fa1\u9ad8\u3068\u8f38\u51fa\u5805\u8abf\u3067\u8f38\u5165\u30a4\u30f3\u30d5\u30ec\u8b66\u6212\u3002DBS\u306fMAS\u304c4\/14\u306bSGD NEER\u30d0\u30f3\u30c9\u50be\u304d\u3092\u5c0f\u5e45\u5f15\u304d\u4e0a\u3052\u3001\u30b3\u30a2\u30a4\u30f3\u30d5\u30ec\u898b\u901a\u3057\u4e0a\u65b9\u4fee\u6b63\u3001SGD\u9ad8\u30fbSORA\u4e0a\u6607\u3092\u793a\u5506\u3002<\/p>\n","protected":false},"author":116,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[40],"tags":[],"class_list":["post-44509","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/posts\/44509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/users\/116"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/comments?post=44509"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/posts\/44509\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/media?parent=44509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/categories?post=44509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/tags?post=44509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}