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.
Listed developers’ contracted sales up 36% m-o-m, while national sales surged 45% m-o-m in June 2017.
A weekly snapshot of the Chinese property market – from sales volume to inventory levels – in the Tier-I to -III cities; as well as an overview of the share performance of sector players.
Even though we lowered our 2017 Brent crude oil price forecast by US$5 per barrel due to higher-than-expected US shale production, we remain positive on rebalancing in 2H17 and into 2018.
We have raised mm2 Asia’s target price to S$0.75 following its acquisition of Golden Village. For more top stories on Singapore’s market, see Singapore Wired Daily.
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.
Partly thanks to Janet Yellen’s dovish remarks, US-listed ETFs posted net inflows of US$8,249.61m in the past week. For more details, see our Weekly Global ETF Commentary.
To counter the risk to liquidity from strong foreign portfolio inflows, the Reserve Bank of India has reportedly revived discussions on a new liquidity tool – Standing Deposit Facility.
Easing inflation and an improving growth outlook have given Malaysia’s central bank a sweet spot to maintain an accommodative monetary policy.
Easing price pressures in Malaysia have also kept pressure off the central bank, allowing it to maintain an accommodative monetary policy for the rest of the year.
Thursday’s policy meeting gives the European Central Bank another opportunity to temper the taper expectations that arose out of comments made last month.
Markets are looking to the European and Japanese central banks’ meetings, watching for any changes in policy stance. Expectations are especially high for the European Central Bank.
The US housing market is sizzling; sales, starts, and permits are all rising at 3-5 times the pace of GDP growth overall and 20-30 times the growth of the working-age population. Can this last?
Why fight a central bank? Stay in lockstep with BOC hawkishness
The DBS Chief Investment Office brings you insights and analysis on what's driving global financial markets to help you make informed investment decisions
The S&P 500 Index continued to push higher as the latest comments from the Federal Reserve gave a boost to sentiments
Last week's move above a downtrend line from June confirms that the downward pressure on Haierhas eased
The stock is attempting to break through a key resistance
Exit tactical long BYD Co Ltd: after a brief positive start, the position has been essentially flat
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.
Chinese participation in Malaysia’s construction space has been the most apparent in the building sector; we think that small contractors which have the most exposure to private-sector condominium pr...