Economics and Macro Strategy
Over 64 charts, we look at key factors driving the macro outcome in 2019 across the EM-DM landscape and key asset classes.
Despite the prevailing volatile and uncertain environment, a constructive case for Asia in 2019 is beginning to emerge. We flag five reasons why.
We are optimistic that the next catalyst for the NFOs will be the crackdown on illegal NFO activities and maintain BUY recommendations on Magnum and BToto.
Sustainability of net interest margin (NIM) expansion and asset quality hold the key to Singapore banks’ valuations.
We reinstate coverage with BUY on China Resources Cement (1313 HK), HOLD on Conch Cement (914 HK) and FULLY VALUED for China National Building Material (3323 HK).
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.
Considering ongoing US-China trade tensions, we continue to recommend a cautious stance and stick to those with more resilient earnings growth and/or dividend yield.
Our top picks for December 2018 are BEM, BCP, DELTA, HMPRO and PTTEP; our top picks for 2019 are AEONTS, AOT, BBL, BEM, CPALL, CPN, DELTA, DIF, HMPRO and PTT.
The Hong Kong economy has been hit by a super typhoon and Sino-US trade tensions.
Real GDP growth has slowed to 2.9% YoY in 3Q18 from its robust 4% performance in 1H18. Economic activities halted during super typhoon in September.
China’s exports data in October surprised to the upsside, likely reflecting continued shipment frontloading and strong US demand.
GBP still at risk; German yields are too low
Soft auto sales, slowing electronics demand, and a weakening residential market have caused US economic growth to ease from its torrid pace seen earlier this year.
Our China Nowcast model shows continued slowing of growth momentum in Asia’s largest economy.
Wealth Dailies rounds up overnight markets with Market Snapshot, Macro Strategy, Singapore Stock Pulse, and Regional Morning Pack
But the size of the rebellion against her weakens her position
The planned ChemChina-Sinochem marriage would produce an oil-to-chemicals giant with over USD100b of assets
The DBS Chief Investment Office brings you insights and analysis on what's driving global financial markets to help you make informed investment decisions
As the world’s biggest buyer of oil, China may view the settlement of oil in Chinese yuan as a natural course of development.
We continue to believe that Asian equities are poised for further outperformance; we prefer exposure to Hong Kong/China and emerging ASEAN.
Find out why DBS CIO likes China Tech stocks, even with Chinese shares in a bear market
There is a compelling risk-return proposition in the sector
The precious metal remains depressed on waning attractiveness
As the metal of choice wherever electricity is needed, we believe that there is huge potential for the future of copper.
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.
Celebrating 50 years, we bring the Jubilee Edition of DBS Asian Insights Conference to you in the form of a post-conference report.