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Global / Economics & Strategy

Research Library

April 23, 2019
Research Library

Economics and Macro Strategy

Indonesia / GDP

Pressure eases on Indonesia’s trade balance

April 18, 2019
Pressure eases on Indonesia’s trade balance

March trade balance recorded a surplus, marking two consecutive months of surplus.

Asia / GDP

Weekly: China’s positive impulse to the global economy

April 18, 2019
Weekly: China’s positive impulse to the global economy

China’s stimulus driven growth stabilisation narrative is taking hold. Our Nowcast model has steadily perked up in recent months with respect to the growth momentum.

Indonesia / TMT

Indonesian Telecom Sector: M&A on the horizon among major p...

April 23, 2019
Indonesian Telecom Sector: M&A on the horizon among major players

Indonesian telecoms industry abuzz with M&A rumours following reiteration by Communications Minister about need for consolidation.

Thailand / Financials

Thailand Banks: Weak 1Q19 results

April 23, 2019
Thailand Banks: Weak 1Q19 results

Thai banks suffer weaker fee income in 1Q19 on the back of electronic banking fee waiver scheme and weaker performance from bancassurance and mutual fund businesses.

Singapore / Financials

Singapore Banks: Expecting a better quarter

April 22, 2019
Singapore Banks: Expecting a better quarter

Strong performance expected of Singapore banks as strong loan drawdowns and loan repricing work in their favour. Our preferred pick is UOB.

Singapore / Equities

Profit-taking expected for Singapore Banks

April 23, 2019
Profit-taking expected for Singapore Banks

For this and other ideas, please check out the Singapore Stock Pulse. Your go-to morning essential that inspires you with investment and trading ideas daily.

Indonesia / Equities

Market Strategy: Re-rating on Jokowi’s win

April 18, 2019
Market Strategy: Re-rating on Jokowi’s win

Jokowi expected to emerge victorious based on preliminary quick vote counts, and is set to serve as Indonesia’s President for a second term.

Asia / Equities

Market Focus: Singapore GDP number priced in by markets

April 16, 2019
Market Focus: Singapore GDP number priced in by markets

Investors should rotate into stocks where valuations can be expanded given limited upside to earnings forecast especially after IMF’s downgrade on global growth outlook.

Economics Daily

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Thailand / Economics

Thailand chart book - Slower growth, eye on election outcom

April 23, 2019
Thailand chart book - Slower growth, eye on election outcome

The economy ended 2018 on a firm note. Moderation lies ahead with growth to slow to 3.8%. The BOT continues to maintain that a policy buffer to defend against future contingencies is necessary.

China / Economics

China: Higher CPI will not tighten policy

April 12, 2019
China: Higher CPI will not tighten policy

March CPI inflation surged by 2.3% YoY due to higher pork prices. On production front, the rebound in PPI (Mar: 0.4%; Feb: 0.1%) is unlikely sustainable due to sluggish global demand.

China / Economics

DBS Macro Insights: China stimulus tracker - A one-year rep...

April 09, 2019
DBS Macro Insights: China stimulus tracker - A one-year report card

Taking stock of China’s fiscal and monetary stimulus so far, DBS' Chief China Economist Chris Leung shares the bank's view on the growth outlook.

Global / Bonds

Macro Strategy

April 24, 2019
Macro Strategy

Indonesian rates muted post elections; SGD policy appropriate on inflation

Global / GDP

Chart of the Week: Asian equity funds flush with cash to de...

April 22, 2019
Chart of the Week: Asian equity funds flush with cash to deploy

With cash positions high, fund managers may be compelled to chase the rally during the course of this quarter.

Global / GDP

Chart of the Week: Foreign investors eye China bond markets

April 15, 2019
Chart of the Week: Foreign investors eye China bond markets

The recent inclusion of China’s onshore bonds in the Bloomberg Barclays Global Aggregate Index (since April 1) has, understandably, met with much excitement.

Market Movers

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Developed Markets / Equities

US stocks see record highs on earnings surprises

April 24, 2019
US stocks see record highs on earnings surprises

So far, almost 80% of S&P 500 companies reporting results have exceeded estimates

Asia / Equities

China is looking vulnerable with less stimulus signalled

April 24, 2019
China is looking vulnerable with less stimulus signalled

Investors have grown sensitive to whether authorities will maintain the massive scale of stimulus

Global / Commodities

Oil sets new 2019 high

April 24, 2019
Oil sets new 2019 high

One of OPEC's largest producers said to be tentative about raising output to mute US sanctions

Global / Insights

DBS Chief Investment Office Collection 2019

April 23, 2019
DBS Chief Investment Office Collection 2019

The DBS Chief Investment Office brings you insights and analysis on what's driving global financial markets to help you make informed investment decisions

Global / Insights

DBS Chief Investment Office Collection 2018

December 18, 2018
DBS Chief Investment Office Collection 2018

The DBS Chief Investment Office brings you insights and analysis on what's driving global financial markets to help you make informed investment decisions

Asia / Commodities

Petro-CNY: Timing, reach, geopolitics, and implications

April 23, 2018
Petro-CNY: Timing, reach, geopolitics, and implications

As the world’s biggest buyer of oil, China may view the settlement of oil in Chinese yuan as a natural course of development.

Europe / CIO Insights

Europe Equities 2Q19: Let the dust settle

April 23, 2019
Europe Equities 2Q19: Let the dust settle

Economic challenges and unattractive valuations weigh on the region's equities

Global / FX Tactical

Deadline reprieve unlikely to alter GBP's bearish bias

April 22, 2019
Deadline reprieve unlikely to alter GBP's bearish bias

Meanwhile, let May’s seasonality come through

Global / CIO Perspectives

Barbell Strategy: Resilient when volatility rises

April 18, 2019
Barbell Strategy: Resilient when volatility rises

As global economic momentum moderates, higher volatility is on the cards

Featured Publications

Asia / Basic Materials

DBS Asian Insights SparX: Copper

October 08, 2018
DBS Asian Insights SparX: Copper

As the metal of choice wherever electricity is needed, we believe that there is huge potential for the future of copper.

Global / Oil and Gas

2030 Energy Mix: Marching Towards A Cleaner Future

August 20, 2018
2030 Energy Mix: Marching Towards A Cleaner Future

We expect global energy demand to increase at an average rate of about 1.5% per annum from 2017 to 2030 and believe that demand for the three key fossil fuels will not peak until 2030.

Global / Equities

DBS Asian Insights Conference 2018 Jubilee Edition

August 16, 2018
DBS Asian Insights Conference 2018 Jubilee Edition

Celebrating 50 years, we bring the Jubilee Edition of DBS Asian Insights Conference to you in the form of a post-conference report.