The DBS Chief Investment Office brings you insights and analysis on what's driving global financial markets to help you make informed investment decisions
Sterling’s decline is driven by political and monetary policy uncertainties
Brace for further market volatility as geopolitical uncertainties ratchet up
The stock's bias is up and any pullback could be limited
The currency pair may have already seen a near-term top
The trend remains up, though the stock could retreat in the near term after a sharp rise
With the recovery in its eighth year, the Fed won’t waste any time in raising rates. Best expect one hike per quarter until early-2019 with the risk that the Fed has to up the pace before then.
Even if inflation bottoms out later this year, its recovery is likely to be modest. Apart from inflation, lower financing costs will help investment growth. Our Taylor rule estimates, along with wide...
Unlike previous episodes, there was little pressure on the People’s Bank of China to respond to the latest Federal Reserve rate hike with higher rates. Having stabilised its exchange rate, China has ...
We believe investor scepticism over the value of Singapore’s Grade-A office buildings is unwarranted and maintain our overweight on the office sector. Our top pick remains Keppel REIT.
Residents of Chengdu and Chongqing believe that property in their cities is still affordable compared to those in other Tier-2 cities in China. Despite rising mortgage rises, they are still willing t...
A weekly snapshot of the Chinese property market – from sales volume to inventory levels – in the Tier-I to -III cities; as well as an overview of the share performance of sector players.
Considering land prices in Singapore, office REITs remain undervalued. Find out what’s our top pick in the sector and for more stories on Singapore’s market, see Singapore Wired Daily.
We have added Thai Beverage to the Blue Chip category as we expect its earnings to improve in 2H. Find out what else we like in our Singapore Model Portfolio.
While the move is a major step forward for Beijing as it attempts to liberalise its financial markets, the short-term impact on capital inflows will be more symbolic than substantive.
Here's a list of reports we released recently.
In-depth and latest analyses on individual company stocks across multiple Asian markets and key industry sectors.
Here are our lists of recommended stocks, built for risk profiles ranging from Conservative to Balanced.
India’s FY16/17 current account deficit hit its lowest point in more than a decade. Improving external balances will shield against unexpected external shocks.
The spread of 3M Libor over the 3M Singapore swap offer rate has widened to 62 basis points. Even as the SGD weakens, speculation of SGD strength intensified, dragging the 3M SOR lower.
While maintaining that risks to inflation remain tilted towards the upside, the BSP also hinted at a lower trajectory of future inflation.
US new home sales are expected to show a rebound in May. Prices are rising 6% per year and wages only 2.5%. One of the three – sales, prices or wages – has to give way soon.
The USD appreciated against the GBP and JPY after the Fed affirmed it would continue to lead the ECB and BOJ in hiking rates and unwinding its balance sheet.
The rally in the DXY (USD) Index stalled and the GBP weakened against the USD as concerns arise on the lack of unity within the Federal Reserve and the Bank of England.
Everything in the economy is back to normal. Best plan on one hike per quarter through mid-2019, with the risk that the Federal Reserve has to up the pace before then.
The opportunity to reach out to Indonesia’s vast unbanked population may lie with the country’s multi-finance companies; we take a look at the key players, the potential for growth, and what lies ahe...
We believe the market has underestimated the animal protein sector’s earnings growth potential – based on where the required capacity will be over the next five years.