Oil breaks US$100, Wall Street retreats and bond yields rise, inflation is becoming the market’s biggest risk again Global markets are starting Thursday in a more defensive position. Brent crude has broken above US$100 a barrel , U.S. Treasury yields are pushing higher, and Wall Street fell for a third straight session as investors reassess whether central banks may need to keep tightening rather than easing. For Malaysian investors, the key chain today is increasingly clear: Oil → inflation → interest rates → bond yields → USD/MYR → Bursa valuations. 30-second market snapshot Market / Asset Latest 🇺🇸 S&P 500 7,636.36, -0.48% 🇺🇸 Dow Jones 52,380.66, -0.77% 🇺🇸 Nasdaq 26,253.34, -0.64% 🇲🇾 FBM KLCI 1,714.34, virtually flat 💵 USD/MYR ~4.06 🇺🇸 U.S. 10Y Treasury ~4.84% 🇺🇸 U.S. 2Y Treasury ~4.42% 🥇 Gold ~US$4,396/oz 🛢️ Brent crude US$101.21/bbl 🛢️ WTI crude US$96.05/bbl ₿ Bitcoin ~US$79,300 🇯🇵 Nikkei ~64,760, -0.6% this morning Brent jumped about 3.4% Wednesda...
Key Highlights
Singapore shares open higher on Tuesday, tracking U.S. market rebound
U.S. stocks rally as trade tensions ease
Gold and silver hit record highs amid rate-cut speculation
Singapore Q3 GDP slows to 2.9% but beats estimates
Young workers prioritise team dynamics, pay, and career growth
Market Snapshot
FTSE Straits Times Index (STI): 4,412.56 (+0.52%)
Volume / Value: 32.57M / S$53.50M
Advancers / Decliners: 112 / 23
Global Markets
U.S. Markets Rebound as Trade Tensions Ease
Wall Street rallied sharply on Monday after signs of improving U.S.–China relations. The Nasdaq Composite rose 2.2% to 22,694.61, while the S&P 500 and Dow Jones Industrial Average gained 1.6% and 1.3% respectively.
Investor sentiment improved after President Trump said he was confident about resolving trade issues with China.
Gold and Silver Surge to Record Highs
Persistent concerns over the 13-day U.S. government shutdown and dovish Federal Reserve commentary drove gold futures up 3.4% to US$4,137.20/oz and silver up 7.1% to US$50.625/oz. Philadelphia Fed President Anna Paulson reiterated support for two more 25bps rate cuts this year.
Singapore Economy
Singapore’s Q3 GDP Growth Slows to 2.9%, Beating Forecasts
The economy expanded 2.9% year-on-year in Q3 2025, slowing from Q2’s 4.5% but surpassing the 1.9% forecast.
Manufacturing growth stalled after strong mid-year gains, while quarter-on-quarter GDP rose 1.3% on a seasonally adjusted basis.
Resilient services and construction activity helped offset manufacturing softness, supporting expectations of moderate but steady growth into year-end.
Workforce Trends
Young Workers Prioritise Team Dynamics and Career Growth
A new Singapore University of Social Sciences (SUSS) study found that 68% of young employees are open to job changes, with those aged 18–25 most active.
Top work priorities include career advancement, compensation, and positive team culture.
Flexible work arrangements remain a key preference across younger and older age groups.
Stocks to Watch
Mapletree Logistics Trust (M44U.SG): Divested a Victoria, Australia logistics asset for A$60 million (S$50.4 million); portfolio now totals 174 properties valued at S$13 billion.
Keppel REIT (K71U.SG): Raising S$113 million via private placement to fund its 75% stake in Sydney’s Top Ryde City Shopping Centre; units priced at S$0.983 each.
DBS (D05.SG): Q3 earnings expected to soften, but dividend per share likely maintained at 60 cents, plus a 15-cent capital return.
UOB (U11.SG): Partnering with DBS and ABC Impact on a S$110 million sustainability-linked subscription loan facility.
Broadcom (AVGO.US): Shares rose 9.9% after announcing plans to co-build 10GW of AI accelerators with OpenAI.
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