October inflation remained below 4% for the third consecutive month, posting a downside surprise.
Economics and Macro Strategy
GBA is backed by the essential capital market, leading universities, and guidance of the state.
Three property developments launched for sale will hit the market in November 2018. Depending on further take-up rates, we believe that CDL could start raising prices in the medium term.
On the back of growing demand but limited structural output expansion potential, we see a long-term upside risk to our forecast for CPO prices.
The long-awaited Woodleigh Residences, finally opened its doors for preview over the weekend, with its targeted official launch date set on 10 November.
US-listed ETFs had inflow of $6.6 billion last week as US equities received $3.2 billion and fixed income had inflow of $2.6 billion.
US-listed ETFs had net inflow of $3.7 billion and fixed income ETFs had outflow of $1.5 billion.
US listed ETFs had outflows of $4.4 billion. Equities had withdrawals of $7.8 billion while fixed income had inflows of $2.4 billion.
China’s exports data in October surprised to the upsside, likely reflecting continued shipment frontloading and strong US demand.
In the near-term, Hong Kong’s economic outlook is clouded by the deterioration in Sino-US trade relations. External uncertainties will eventually weaken economic activities.
China’s 3Q GDP growth moderated to 6.5% from 6.7 in 2Q. Monetary policy will continue to be accommodative going forward.
Close call on BSP; Sri Lanka feels stress
The striking gap between US manufacturing confidence and the rest continues to persist.
Soybean prices have jumped in the last few days in response to signals from the US that some progress in the trade war is forthcoming.
This is partly due to thin trading volumes, concentrated holdings, and poor corporate governance
The Fed leaves interest rates unchanged and confirms course for December hike
The same old crazy hyperinflation is coming back faster than expected
October’s equity selloff does not mark the start of a bear market.
This selloff is about sentiment, not fundamentals.
China: Where opportunity lies
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.