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Developed Markets / Equities

US shares drop

August 18, 2017
US shares drop

Unease grows over Trump's policy agenda, Barcelona terror attack

Asia / Equities

Asian markets diverge

August 18, 2017
Asian markets diverge

Australia, Hong Kong weaken but China regains strength

Global / Currencies

The dollar treads water

August 18, 2017
The dollar treads water

The greenback pares gains on safe-haven buying following terror attack in Barcelona

Global / FX Currents

Gold is going nowhere fast or furiously

August 17, 2017
Gold is going nowhere fast or furiously

Momentum indicators are flat despite the recent geopolitical risks

Global / Insights

Risk assets: shaken, but not stirred

August 14, 2017
Risk assets: shaken, but not stirred

Despite the volatility, the magnitude of the recent correction suggests that markets have been pricing in an eventual resolution to the crisis

Global / Insights

DBS Chief Investment Office Collection

August 11, 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

Europe / Equities

All may not be lost for Capgemini just yet

August 16, 2017
All may not be lost for Capgemini just yet

The break above a minor downtrend line from July suggests that the downward pressure could be easing

US / Equities

Bristol-Myers Squibb seems to be gathering steam

August 15, 2017
Bristol-Myers Squibb seems to be gathering steam

After an extended period of sideways price action, Bristol-Myers Squibb appears to be getting back to life

Global / FX Chartist's Diary

NZD/USD’s decline offers a long opportunity

August 15, 2017
NZD/USD’s decline offers a long opportunity

As long as key support is not severely tested, we see opportunity in the current decline

Insights and Analysis

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South Korea / GDP

Assessing Moon’s first 100 days in office

August 17, 2017
Assessing Moon’s first 100 days in office

Korean President Moon Jae-in’s government is pushing ahead with domestic policies to boost incomes and reduce inequality, in line with his campaign pledges. But we see some risks ahead.

India / Currencies

Strong INR raises questions

August 07, 2017
Strong INR raises questions

From what’s driving it to what authorities may do. It also poses a headwind for exports and manufacturing growth but we believe other factors can mitigate the impact.

Global / Currencies

USD is becoming oversold

August 01, 2017
USD is becoming oversold

The USD has not been able to appreciate in spite of three Fed hikes since December 2016. But the USD could find support soon.

Singapore / Real Estate

CapitaLand & REITs ready for the next leap

August 16, 2017
CapitaLand & REITs ready for the next leap

CapitaLand and its REITs will generally see stronger operational prospects come 2018.

Singapore / Real Estate

Third time lucky for Tampines Court?

August 16, 2017
Third time lucky for Tampines Court?

Sim Lian reportedly placed a bid of S$970m for the collective sale of Tampines Court. We believe this is a leap of faith for the property developer.

China / Real Estate

Mortgage interest rates edge up further

August 15, 2017
Mortgage interest rates edge up further

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

Challenging times ahead for Mermaid Maritime

August 18, 2017
Challenging times ahead for Mermaid Maritime

We have lowered our target price on the stock to S$0.14 from S$0.20. Find out why and for more top stories on Singapore’s market, see Singapore Wired Daily.

Global / Equities

Keep calm and carry on

August 16, 2017
Keep calm and carry on

The global economy is back on a stable track, with a very favourable outlook in the Eurozone, in particular.

Singapore / Equities

STI’s recent rally lacks follow-through

August 14, 2017
STI’s recent rally lacks follow-through

We hold that view as we believe investors will prefer to wait for the 2Q results season to unfold. As such, we are maintaining our portfolio picks in this update of the Singapore Model Portfolio.

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Asia-wide Coverage

In-depth and latest analyses on individual company stocks across multiple Asian markets and key industry sectors.


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Stocks to Watch

Model Portfolio

Here are our lists of recommended stocks, built for risk profiles ranging from Conservative to Balanced.


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Economics Daily

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Singapore / GDP

Export performance is holding up but…

August 18, 2017
Export performance is holding up but…

It is also increasingly showing signs of lethargy – consistent with our view that Singapore’s export rally has peaked.

Philippines / GDP

A strong showing, but keep an eye on investment growth

August 18, 2017
A strong showing, but keep an eye on investment growth

Much of the Philippine 2Q17 economic data was robust, but moderating investment growth has given us reason to hold back on upgrading our full-year GDP forecast.

Taiwan / GDP

Attention shifts to outlook for 2018

August 18, 2017
Attention shifts to outlook for 2018

On balance, the short-term positives still seem to outweigh the negatives. We expect a slightly better growth outlook for the next 6-12 months.

US / Rates

Risky assets looking for correction

August 18, 2017
Risky assets looking for correction

Risk aversion may push yields lower, but 10-year US Treasury yields below 2% may not be fundamentally justified.

Europe / Rates

A gradual and long-drawn taper

August 18, 2017
A gradual and long-drawn taper

The minutes of the European Central Bank’s July review demonstrated the governing council’s caution on inflation, tempering tightening expectations and causing the EUR to lose ground.

Global / Currencies

USD, EUR struggle into central bank meetings

August 17, 2017
USD, EUR struggle into central bank meetings

The EUR is fighting to hold on to gains this year, while the USD is pushing hard to recover from the year’s low.

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.