Daily analysis of the latest economic data points and policy developments in Asia and the major economies of the world.
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...Read More
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 oversubscribedRead More
While observers debate whether India’s central bank will cut rates by 25 basis points or remain on hold, we would argue that a measured rate cut may not make a material difference to growth.
Singapore’s inflation is expected to dip in June, with the spike up in May likely to prove an abnormality. That said, we do expect core and headline inflation to pick up going forward.
Some leading indicators suggest that the 2Q slowdown was temporary and a resilient rebound lies ahead in 2H17.
China’s push for growth-at-any-cost is being replaced with the “New Normal”.It will fundamentally change how business and investing are done.Read More
Pay attention to price action to key events this week which could see the EUR/USD starting to look for a new consolidation range.
US housing continues to remain strong, with real mortgages at barely 1%. US Federal Reserve normalisation will put a damper on the sector eventually, but that’s some time away.
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
July 20, 2017
July 20, 2017
July 19, 2017