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Developed Markets / Equities

US stocks rise

December 12, 2017
US stocks rise

Investors put off big bets before a series of key central bank meetings this week

Asia / Equities

Asia equities rally

December 12, 2017
Asia equities rally

Investor optimism rises on sanguine US labour market data

Global / Currencies

The dollar slips

December 12, 2017
The dollar slips

USD recovers most of its weakness; pound falls

Global / Insights

DBS Chief Investment Office Collection

December 12, 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 / FX Currents

Yen is still the last shoe to fall

September 07, 2017
Yen is still the last shoe to fall

It has tried the 108s seven times, but this time it might be different

Global / Insights

Investors Hedge Downside Risks with Gold

September 04, 2017
Investors Hedge Downside Risks with Gold

Gold on the rise amid dollar weakness, "dovish" Fed, and lingering geopolitical uncertainties

Global / FX Tactical

EUR is going steady into ECB policy meeting

December 12, 2017
EUR is going steady into ECB policy meeting

There are no expectations of the final meeting for 2017

US / Equity Tactical

Remain long on Tapestry

December 08, 2017
Remain long on Tapestry

There are growing indications that the stock could break higher

Global / FX Tactical

Looking for that Christmas cheer with GBP/USD

December 08, 2017
Looking for that Christmas cheer with GBP/USD

Our medium-term bias remains bullish

Insights and Analysis

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Singapore / GDP

Singapore in 2018/19: Better times

December 12, 2017
Singapore in 2018/19: Better times

We expect headline GDP growth for Singapore to hover around 3% in the next two years, thanks to a broad-based recovery; the Straits Times Index could rise to 3,688 by end-2018, representing 10% total...

Global / Insights

Economics, Currencies & Rates Research

December 11, 2017
Economics, Currencies & Rates Research

DBS tracks developments in the economies, foreign exchange and fixed income markets of the Asia-11 (China, Hong Kong, Taiwan, Korea, Singapore, Malaysia, Indonesia, Thailand, the Philippines, Vietnam...

Global / GDP

DBS 2018 Outlook: Strong tailwind

December 08, 2017
DBS 2018 Outlook: Strong tailwind

A Goldilocks 2017, characterised by stronger-than-expected demand across China and G3, low inflation, and ever-rising asset markets, will be a hard act to follow. While we think that Asian economies ...

Hong Kong / Telecommunications

Stuck in a price war

December 08, 2017
Stuck in a price war

We expect the price war to continue in 2018 in Hong Kong’s crowded five-player mobile market. New entrant HKBN will continue to disrupt the market and grab market share with its aggressive moves.

Indonesia / Financials

Soft loan demand continues to plague Indonesian banks

December 07, 2017
Soft loan demand continues to plague Indonesian banks

We have not seen any improvement in loan demand in 2017 despite better economic growth in Indonesia. And we do not think things will change in 2018.

Hong Kong / Real Estate

HK Property: What will developers sell in 2018?

December 07, 2017
HK Property: What will developers sell in 2018?

Tseung Kwan O will steal the limelight, with a slew of projects set to go on pre-sale in 2018. Judging from earlier launches in the area, these will likely attract strong buyer interest as well.

Singapore / Equities

Sexy Roxy: Initiating coverage

December 12, 2017
Sexy Roxy: Initiating coverage

We are initiating coverage on mid-cap developer Roxy-Pacific Holdings, which we believe will have a banner year in 2018, thanks to seven freehold sites it could launch. For more, check out today’s Si...

Global / Equities

Net inflows into US-listed ETFs dip

December 11, 2017
Net inflows into US-listed ETFs dip

The US equity market ended on a high note last week on improved prospects for tax reform and better-than-expected jobs report, but net inflows into US-listed ETFs dipped. For more, check out our Week...

Indonesia / Equities

Bullish on Indonesian equities

December 08, 2017
Bullish on Indonesian equities

We have upgraded Indonesia to Overweight and we expect the Jakarta Composite Index to hit 6,800 in 2018. Find out what is supporting our upbeat view and the stocks we like.

What's New

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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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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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Philippines / Rates

Philippines: Fitch plays catch-up

December 11, 2017
Philippines: Fitch plays catch-up

Fitch Ratings upgraded the Philippines’ sovereign credit rating to ‘BBB’, with a stable outlook, on Monday. We concur with Fitch’s assessment that the economy has put up “strong and consistent macroe...

India / Rates

RBI − a long pause likely

December 07, 2017
RBI − a long pause likely

We are of the view that the Reserve Bank of India (RBI) is unlikely to tighten policy in a hurry, but recognises that the balance of risk is tilted toward tightening.

China / GDP

Factory activity holds up in November

November 30, 2017
Factory activity holds up in November

Along with stronger US economic growth reported this week, the mainland’s factory readings are indicating that the global economy remains on solid footing.

Global / Currencies

USD rates comfortable with inflation outlook for now

December 12, 2017
USD rates comfortable with inflation outlook for now

US Treasury curve bear flattening continues to be the main trade as market participants bet on policy normalisation by the Federal Reserve amid muted inflation. For more on currencies and rates, chec...

Global / GDP

This Week: Moves by central banks, US CPI, and China’s new ...

December 11, 2017
This Week: Moves by central banks, US CPI, and China’s new yuan loans

We’ll be focusing on moves by the Federal Reserve and European Central Bank, inflation in the US, and China’s new yuan loans, which may jump on year-end demand.

Europe / GDP

Political risk returns

November 20, 2017
Political risk returns

Eurozone political concerns are back on the radar after German Chancellor Angela Merkel’s attempts to form a new government with a ‘Jamaica coalition’ failed; the EUR notched the biggest intraday dro...

Featured Publications

Hong Kong / Consumer Services

Hong Kong Hotels: Time to check in

December 05, 2017
Hong Kong Hotels: Time to check in

With the recovery of visitor arrivals to Hong Kong, hotels in the city should see a revival in fortunes; room rates and occupancy should rise, ringing in more attractive returns for operators and man...

China / Consumer Goods

China Dairy: Downstream is key

November 30, 2017
China Dairy: Downstream is key

China dairies in the downstream segment that have exposure to fast-growing product lines will be leading the industry’s growth. In this deep dive, we look at the industry’s dynamics, potential M&A ac...

Asia / Technology

Data Centre & Cloud: Divestments and M&As to accelerate in ...

November 10, 2017
Data Centre & Cloud: Divestments and M&As to accelerate in 2018

Our analysis of data centres across the region shows that Indonesia offers the best return on invested capital; telcos however can unlock the true value of their data-centre assets by divesting them.