Investors cheered by strong earnings
But the Dow Jones hits a fresh record, again
Profit-taking helped the greenback rebound ahead of key data releases
The DBS Chief Investment Office brings you insights and analysis on what's driving global financial markets to help you make informed investment decisions
Despite a near-term consolidative tone, we maintain our tactical longs
Global equities grinded higher amid ongoing monetary accommodation and upbeat corporate earnings
Gilead's medium-term outlook is improving, so look for opportunities during dips. See also: China Communications Construction, Royal Dutch Shell
DBS Chief Investment Officer Lim Say Boon discusses the frustrating outlook for global equities
The recent dip in East Japan Railway Company (JR East) provides a tactical long opportunity
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’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...
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.
The two tenders for land sites located in Serangoon Gardens closed recently, with the winning bids totalling S$1b.
We expect BOC Aviation and China Aircraft Leasing Group share prices to re-rate as they deliver on earnings growth.
ASEAN air travel demand is on track for firm growth in 2017 and we believe low-cost carriers and Thai aviation-related plays will be the key beneficiaries.
The stock has been downgraded to HOLD from BUY as it has hit our target price of S$1.62. For more top stories on Singapore’s market, see Singapore Wired Daily.
We expect interest to rotate from banks, property, and technology to industrials and capital goods (e.g. rig builders) as Singapore’s economic recovery cycle shifts from early to mid-expansion.
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.
Here's a list of reports we released recently.Find Out More
In-depth and latest analyses on individual company stocks across multiple Asian markets and key industry sectors.Find Out More
Here are our lists of recommended stocks, built for risk profiles ranging from Conservative to Balanced.Find Out More
This year’s budget deficit is likely to come in around 2.6% of GDP despite the upward revision to 2.9% as it is highly unlikely we’ll see a full realisation of government expenditures.
We think Japan’s CPI inflation will stay below the 1% mark for the rest of 2017 and 1H18, which will likely persuade the BOJ to keep monetary stimulus in place for an extended period.
Singapore’s headline manufacturing output surged 13.1% year-on-year. The strong industrial production performance should prompt an upward revision to 2Q17 GDP figures to about 3%.
As Eurozone credit growth thaws, policymakers will be keen to see the extent to which the revival in investment growth improves pricing power and wage pressures.
Business investment has turned the corner to join the US economic recovery, which had, hitherto, been almost entirely driven by consumption and housing.
The three key themes that markets have been running with over the past few months -- USD weakness, tech stock strength and very low implied volatility – all saw a reversal overnight.
Given the current oversupply situation, including the capacity under development, we believe investment opportunities in Thailand’s power sector are limited.
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 ...
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.
And receive up to S$5,600 when you invest and insure with us.