Economics and Macro Strategy
Industrial activities extended weakness in May and consumer confidence plunged. But exports to the US picked up, and investment applications from the offshore Taiwanese firms started to increase.
“Man cannot control the current of events. He can only float with them and steer.” - Otto von Bismarck
Our analysts ran stress tests on Chinese banks under there different scenarios and evaluated potential capital shortfall on implementing CCyB and TLAC.
Co-working space operators continue to push up demand for office space with WeWork, theDesk, CEO Suite and Victory Offices all snapping up square footage in prime areas.
Our analysts attended the Swire Coca-Cola Capital Markets Day and shared their key takeaways on the company’s China bottling operations.
While the notion that Fed rate cuts tend to support the equity market is true, we believe the types of rate cuts need to be differentiated as equity markets respond differently.
Our analysts took a deep drive to examine opportunities and challenges to come as the Greater Bay Area (GBA) embarks on its journey to become China’s newest innovation and technology hub.
Jokowi expected to emerge victorious based on preliminary quick vote counts, and is set to serve as Indonesia’s President for a second term.
Recent movements in HIBOR already show that the cost of defending the currency will have to be borne by higher interest rates, as selling of USD by HKMA is unlikely to be a sufficient tool.
Regardless of the outcome of the ongoing political strife, Hong Kong dollar’s peg to the USD is under scrutiny.
Worsening business condition will weigh on equity market performance.
The EUR is more vulnerable to downside global risks. Our EUR and JPY rates forecasts have been nudged lower.
Forward guidance from the Fed will be closely watched.
Fed rate cuts could benefit equities in Hong Kong, Singapore, Philippines and Indonesia. The support for the USD Index (DXY) remains intact around 96.5.
Investors mull US-China trade talks; Australia releases its budget report
The rupiah sinks to its weakest since 2015, on economic growth concerns
Stocks struggle for direction after Trump scraps Iran nuclear deal
Investors are increasingly buying protection for downside risks
Global investors are seeking cheaper exposures to equities
Despite the volatility, the magnitude of the recent correction suggests that markets have been pricing in an eventual resolution to the crisis
The Chief Investment Office brings you the investment outlook and strategy for 4Q17 in our brand-new "CIO Insights" publication
Neither feast nor famine - that is the frustrating outlook for global equities
With a hundred-strong team of economists and analysts across Asia, you can rely on our unparalleled on-the-ground knowledge to keep you in step with the latest economic activity, government policy, m...
As the metal of choice wherever electricity is needed, we believe that there is huge potential for the future of copper.
We expect global energy demand to increase at an average rate of about 1.5% per annum from 2017 to 2030 and believe that demand for the three key fossil fuels will not peak until 2030.
Celebrating 50 years, we bring the Jubilee Edition of DBS Asian Insights Conference to you in the form of a post-conference report.