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
India’s government is expected to adhere to its fiscal roadmap as it tables its 2017/18 budget next month, despite the drag on growth arising from the demonetisation initiative.Read More
Another strong showing is expected from Singapore’s export performance, and – while there are still risks on the horizon – it seems the worst of the export cycle is probably behind us.
Higher oil prices propped up India’s December 2016 import growth, and we expect to see an uptick in wholesale price index inflation for the same reason.
The Bank of Korea now expects inflation to converge with its 2% target by mid-2017, but a temporary rise in headline inflation doesn’t mean the central bank will raise rates in response.
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
Short-term swap rates across the globe are generally pointing toward tighter monetary policy over the coming three years.
No fresh measures are expected from the European Central Bank’s Thursday meeting but policy rhetoric will be sifted through to gauge its interpretation of improving data prints.
India’s government is expected to adhere to its fiscal roadmap as it tables its 2017/18 budget next month, despite the drag on growth arising from the demonetisation initiative.