Insights and Analysis

  • Economics
  • Industry
  • Equities
  • Economics
  • Industry
  • Equities
China / Rates

Bond Connect sees solid demand

July 17, 2017
Bond Connect sees solid demand

The Bond Connect programme, which was launched on 3 July, has been seeing solid demand; the RMB16bn bond issue by Agricultural Development Bank of China was ten times oversubscribed

Taiwan / GDP

A temporary pause

July 11, 2017
A temporary pause

Taiwan’s economy will likely strengthen in the second half as new consumer electronics are introduced later in the year; we expect growth of 2.5% this year and 2.3% next year with upside risks to the...

Global / Currencies

Has the EUR peaked?

July 04, 2017
Has the EUR peaked?

The market may be too hasty in expecting the ECB to step up its exit from quantitative easing. We continue to see EUR/USD consolidating within its post-QE range of US$1.04-$1.16.

Singapore / Real Estate

Patchy recovery for Singapore industrial REITs

July 26, 2017
Patchy recovery for Singapore industrial REITs

With the industrial sector seeing a supply drop off, we believe the operating environment should improve year-on-year in 2018 but a more sustained recovery will only be seen from 2H18 onwards.

Thailand / Health Care

Thai hospitals to turn in mixed results for 2Q17F

July 26, 2017
Thai hospitals to turn in mixed results for 2Q17F

Despite the low seasonality in 2Q17F, we expect Chularat Hospital and Rajthanee Hospital to register strong earnings growth. But premium hospitals may not fare as well.

China / Real Estate

Shanghai imposes stricter price controls on property

July 25, 2017
Shanghai imposes stricter price controls on property

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.

Singapore / Equities

Industrial REITs’ recovery to be patchy

July 26, 2017
Industrial REITs’ recovery to be patchy

We expect Singapore’s manufacturing sector’s growth momentum to taper in 2H17, affecting landlords of industrial space. For more top stories on Singapore’s market, see Singapore Wired Daily.

Singapore / Equities

Singapore-listed ETFs back in favour

July 25, 2017
Singapore-listed ETFs back in favour

Half of the top 10 most traded exchanged-traded funds by Singapore clients are those listed in Singapore.

Global / Equities

The US ETF market continues to hold above the US$3t mark

July 24, 2017
The US ETF market continues to hold above the US$3t mark

US-listed exchange-traded funds (ETFs) had another week of solid inflows, with US fixed income ETFs leading weekly inflows. For more details, see our Weekly Global ETF Commentary.

Economics Daily

  • Asia
  • Global
  • Asia
  • Global
Thailand / GDP

Need to see export growth translate into stronger manufactu...

July 26, 2017
Need to see export growth translate into stronger manufacturing production

Only then will it help to lift domestic wage growth in Thailand, which in turn will provide a boost to GDP growth.

India / GDP

Balance of payments keeps vulnerabilities in check

July 26, 2017
Balance of payments keeps vulnerabilities in check

Recent regulatory changes by the Indian government should result in strong capital inflows in 2Q17, offsetting the wider current account deficit and supporting the balance of payments position.

South Korea / GDP

Korea bets on five-year plan to rev up economy

July 26, 2017
Korea bets on five-year plan to rev up economy

The plan aims to boost income for Korea’s citizens and reduce income inequality; we are keeping our GDP forecasts at 2.7% for this year and 2.8% for 2018.

Global / Currencies

Little chance of AUD overcoming resistance

July 26, 2017
Little chance of AUD overcoming resistance

The possibility of disappointing Australian inflation data and a dovish central bank statement, both due on Wednesday, pose downside risks for the AUD/USD.

Europe / Rates

Markets cannot ignore ECB guidance

July 25, 2017
Markets cannot ignore ECB guidance

Eurozone purchasing managers’ indices demonstrate the underlying divergence between growth and inflation dynamics, and why the European Central Bank is being cautious on tapering.

US / GDP

1Q17 “slowdown” was simply random noise

July 25, 2017
1Q17 “slowdown” was simply random noise

Even the lowest estimates for 2Q17 US GDP growth put the number at a solid 2.4%. It seems falling inflation is the only reason the US won’t be hiking rates in September, but that should be transitory

Market Movers

  • Daily Digest
  • Weekly Insights
  • Strategy
  • Daily Digest
  • Weekly Insights
  • Strategy
Global / Currencies

US dollar reverses losses

July 26, 2017
US dollar reverses losses

The American currency is supported by rising US Treasury yields

Developed Markets / Equities

US, Europe equities rise

July 26, 2017
US, Europe equities rise

Stocks advance on banks gain, positive earnings

Asia / Equities

Asian stocks end mixed

July 26, 2017
Asian stocks end mixed

China, Korea lose ground but Australia bounces back

Global / Insights

DBS Chief Investment Office Collection

July 26, 2017
DBS Chief Investment Office Collection

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

Monetary Accommodation and Upbeat Earnings Boost Equities

July 24, 2017
Monetary Accommodation and Upbeat Earnings Boost Equities

Global equities grinded higher amid ongoing monetary accommodation and upbeat corporate earnings

Global / FX Currents

The loonie continues to gain ground

July 20, 2017
The loonie continues to gain ground

Why fight a central bank? Stay in lockstep with BOC hawkishness

US / Equities

VF Corp is on the way to target

July 26, 2017
VF Corp is on the way to target

The stock has broken above a key resistance following an earnings boost

Global / FX Chartist's Diary

The AUD has been tamed by Debelle, for now

July 25, 2017
The AUD has been tamed by Debelle, for now

We would capitalise on minor AUD setbacks

Europe / Equities

BMW gaps lower

July 25, 2017
BMW gaps lower

BMW's mid-July rebound turned out to be a dead cat bounce

Featured Publications

Thailand / Utilities

Thai Power: Excess Supply Lingers

July 17, 2017
Thai Power: Excess Supply Lingers

Given the current oversupply situation, including the capacity under development, we believe investment opportunities in Thailand’s power sector are limited.

China / Consumer Goods

China Pork: A meaty task to meet demand

July 04, 2017
China Pork: A meaty task to meet demand

Rising incomes and urbanisation would drive Chinese consumers towards a diet based more heavily on animal protein. We take a look at the pork industry, which would be enjoying both steady growth and ...

Global / GDP

Q3: Forging ahead

June 08, 2017
Q3: Forging ahead

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.