Research Library


Economics and Macro Strategy
Group Research15 Oct 2021
  • Access our research products here
    Photo: AFP



    Macro Insights Multimedia

    Macro Strategy Daily

    Economics & Macro Strategy Flash

    Weekly 

    Focus & Thematic 

    Rates

    Chartbook

     


    Macro Insights multimedia: Videos/Livestream/Podcast Series

    Date Report
    October 13, 2021 DBS Group Research Webinar: Rates: Stagflation or Normalisation HTML
    October 11, 2021 DBS Group Research Webinar: China's "Common Prosperity" Agenda HTML
    October 6, 2021 Kopi Time E063: Ilan Goldfajn on global outlook, inflation, EM risks HTML
    October 5, 2021 DBS Macro Insights Livestream October: China credit risk and US taper scenario HTML
    September 15, 2021 Kopi Time E062: ECB’s Paul Hiebert on the risk map of Europe's financial system HTML
    September 8, 2021 DBS Macro Insights Livestream: Taper without a tantrum? HTML
    September 6, 2021 DBS Group Research Webinar: NDF currency markets in Asia HTML
    September 1, 2021 Kopi Time E061: Dr. Ma Jun on China’s climate change agenda HTML
    August 5, 2021 Kopi Time E060: Sopnendu Mohanty on Singapore’s burgeoning FinTech scene HTML
    July 23, 2021 Kopi Time E059: Anne Krueger on trade, inflation, wages, and industrial policy HTML
    July 19, 2021 Intro to DEER (video); from FX valuation to trading HTML
    July 14, 2021 DBS Macro Insights : Monetary policy in Asia; who will hike rates and who won't? HTML
    July 14, 2021 DBS Macro Insights Webinar: India’s manufacturing and tech outlook HTML
    July 7, 2021 Kopi Time E058: Komal Sri-Kumar on Fed policy, inflation, and asset markets HTML
    July 6, 2021 DBS Macro Insights Livestream July: Regional Implications Of Fed’s Shifting Tone HTML
    June 24, 2021 Kopi Time E057: BIS research head Hyun Song Shin on CBDCs HTML
    June 9, 2021 Kopi Time E056: Mary Ellen Iskenderian on digital finance for women HTML
    June 8, 2021 Macro Insights Livestream The race to mass vaccination HTML
    June 2, 2021 Credit Market Outlook webinar: Risks and Opportunities  HTML
    June 2, 2021 DBS Webinar: Inflation outlook and implication for assets HTML
    May 25, 2021 Kopi Time E055: Maya MacGuineas on US deficit and debt HTML
    May 20, 2021 DBS Webinar: Navigating the Evolving World of Digital Currencies HTML
    May 17, 2021 Kopi Time E054: Singapore’s renewed pandemic stringency HTML
    May 12, 2021 Kopi Time E053: Juliana Chan on scientific communication and entrepreneurship in Asia HTML
    May 5, 2021 Macro Insights Livestream: Covid cross-currents HTML
    April 27, 2021 Kopi Time E052: Kishore Mahbubani on dealing with China’s rise HTML
    April 13, 2021 Kopi Time E051: Vasuki Shastry on “Has Asia Lost It?” HTML
    March 31, 2021 DBS Macro Insights Livestream: The race to vaccination HTML
    March 30, 2021 DBS Macro Insights: Green bonds blossom with property in the lead HTML
    March 24, 2021 Kopi Time E050: DBS CEO Piyush Gupta on accelerated disruptions HTML
    March 19, 2021 Kopi Time E049: Prof David Victor on decarbonisation HTML
    March 10, 2021 Kopi Time E048: Chandran Nair on the reset necessitated by the pandemic HTML
    March 9, 2021 DBS Macro Insights Livestream: Reflation tantrum HTML
    March 3, 2021 Kopi Time E047: Dan Wang on the global semiconductor race HTML
    February 24, 2021 DBS Macro Insights: How do we expect the Fed to act? HTML
    February 24, 2021 DBS Macro Insights: When Pandemic Fears Fade HTML
    February 17, 2021 Kopi Time E045: Ajaita Shah on supporting rural female entrepreneurs in India HTML
    February 16, 2021 DBS Macro Insights: Has the weak USD run its course? HTML
    February 10, 2021 Macro Insights February 2021: Mutations and valuations HTML
    February 8, 2021 Kopi Time E044: Mark Sobel on the US economy and Biden’s agenda HTML
    February 2, 2021 Kopi Time E043: Alok Oberoi on the SPACs phenomenon HTML
    January 27, 2021 Kopi Time E042: BRAC’s Shameran Abed on microfinance to tackle Covid’s myriad challenges HTML
    January 20, 2021 The case for and against inflation HTML
    January 20, 2021 Kopi Time E041: EY’s Varun Mittal on FinTech HTML
    January 13, 2021 Macro Insights Livestream: Shape of Q420 and Q121 HTML
    January 12, 2021 Kopi Time E040: Dr. Deborah Elms on RCEP, CPTPP, CAI HTML
    December 14, 2020 Kopi Time E039: Dr. Jenny Low on vaccines HTML
    December 9, 2020 Kopi Time E038: Stephen Schwartz, Fitch Ratings HTML
    December 3, 2020 December Macro Insights Livestream: A Bifurcated World HTML
    December 3, 2020 Kopi Time E037: Mckinsey’s Ziad Haider on US presidential transition HTML
    November 17 2020 Kopi Time E036: Dr. Eswar Prasad on USD, RMB, and CBDCs HTML
    November 7 2020 Kopi Time E035: Dr. Marsha Vande Berg on US elections HTML
    November 5 2020 November Macro Insights Livestream: US elections and implications for Asia HTML
    October 30, 2020 Kopi Time E034: Arvind Subramanian on the US, China, India, development HTML
    October 28, 2020 Asia Economist Webinar: Radhika Rao on investing in India's bonds and FX HTML
    October 19, 2020 Kopi Time E033: Prof Andreas Rasche on sustainable investing and corporate responsibility HTML
    October 15, 2020 Kopi Time E032: Ben Bland on Indonesia and President Jokowi HTML
    October 13, 2020 The Asia Economist: Chang Wei Liang on mapping the credit landscape in Asia HTML
    October 7, 2020 Kopi Time E031: James Crabtree on US elections and the impact on Asia HTML
    October 5, 2020 October Macro Insights Livestream: October Surprise HTML
    October 1, 2020 Asia Economist Webinar: Irvin Seah on the financial wellness of Singaporeans HTML
    September 29, 2020 Kopi Time E30: ADB’s Abdul Abiad on pandemic, outlook, and wellness HTML
    September 24, 2020 The Asia Economist: Nathan Chow and Ma Tieying on China’s bond and currency markets  HTML
    September 21, 2020 Kopi Time E029: Sir Ivan Rogers on Brexit HTML
    September 18, 2020 The Asia Economist: Chang Wei Liang and Samuel Tse on the present and future of digital currencies HTML
    September 14, 2020 Kopi Time E28: Grayscale’s Michael Sonnenshein on private digital currencies HTML
    September 8, 2020 Kopi Time E027: Hans Vriens on the current state of politics in Southeast Asia HTML
    August 25, 2020 September Macro Insights Livestream: Weak dollar and a reflation narrative HTML
    August 28, 2020 Kopi Time E026: Accenture’s Sonia Gupta on changing consumer trendsKopi Time HTML
    August 18, 2020 Kopi Time E025: World Gold Council’s Shaokai Fan on gold supply, demand, and market structure HTML
    August 11, 2020 Kopi Time E24: GIC’s Prakash Kannan on global macro and asset price outlook HTML
    August 6, 2020 Macro Insights Livestream: A fading V HTML
    August 4, 2020 Kopi Time 023: Dr. Lynn Kuok, Senior Fellow, IISS, on China-US rivalry HTML
    August 3, 2020 Asia Economist Webinar: Chris Leung on China’s Economic outlook HTML
    July 22, 2020 Kopi Time E22: Khor Hoe Ee on AMRO’s views and role in the region HTML
    July 20, 2020 The Asia Economist: Ma Tieying on Taiwan’s tech opportunities HTML
    July 14, 2020 Kopi time E21: IFC’s Vivek Pathak on investing in East Asia HTML
    July 13, 2020 The Asia Economist: Radhika Rao on India-China relations HTML
    July 8, 2020 Kopi time E20: ECB’s Paul Hiebert on the intersection of financial stability and climate risk HTML
    July 7, 2020 Macro Insights Livestream July: What’s next in the Covid-19 saga?  HTML
    July 3, 2020 The Asia Economist—Singapore: Navigating An Uneven Recovery HTML
    July 2, 2020 Kopi time E19: Professor Sir Charles Bean on the economics of coronavirus  HTML
    June 25, 2020 The Asia Economist Webinar: Duncan Tan on Asian local currency bond markets HTML
    June 23, 2020 Kopi time E18: Atul Kapur on demystifying private equity and investing in India HTML
    June 18, 2020 The Asia Economist Webinar - Chang Wei Liang on EM credit outlook HTML
    June 16, 2020 Kopi time E17: Frank Engels on Eurozone’s challenges and prospects HTML
    June 11, 2020 The Asia Economist: Rates strategist Eugene Leow on government bond market trends in DM and EM HTML
    June 10, 2020 Kopi time E16: Munib Madni on putting sustainability at the core of investment decisions HTML
    June 4, 2020 The Asia Economist: FX strategist Philip Wee on USD, EUR, CNY, SGD, IDR, and INR HTML
    June 2, 2020 Kopi time E15: Dr. Alexis Crow on the US, Covid-19, economic outlook, policy response, long-term HTML
    June 2, 2020 DBS Macro Insights Livestream: Lives vs Livelihood HTML
    May 28, 2020 The Asia Economist: Samuel Tse on Hong Kong’s outlook amid social unrest and the ongoing pandemic HTML
    May 25, 2020 Kopi time E14: Dr. Sri-Kumar on likely stagflation, long gold, short USD and selectively positive EM HTML
    May 18, 2020 Kopi time E13: Prof Wang Linfa on Covid-19, origins, spread, test, treatment, vaccine developmentKopi time HTML
    May 13, 2020 Kopi time E12: Former Deputy Assistant Secretary at US Treasury Robert Dohner on Fed, IMF, Asia HTML
    May 13, 2020 The Asia Economist webinar: Nathan Chow on China’s e-RMB initiative HTML
    May 6, 2020 Kopi time with Taimur Baig podcast E11: Manu Bhaskaran on ASEAN, China, and the future of trade HTML
    May 6, 2020 The Asia Economist webinar: Ma Tieying on South Korea and Taiwan’s pandemic response and economic outlook HTML
    April 30, 2020 Kopi time with Taimur Baig podcast E10: Vandana Hari on plunging oil prices and industry implications HTML
    April 29, 2020 The Asia Economist webinar: Chris Leung on China HTML
    April 27, 2020 (Livestream)  Transformed by Covid-19 HTML
    April 23, 2020 The Asia Economist webinar: Radhika Rao on India’s economy and markets HTML
    April 23, 2020 Kopi time with Taimur Baig podcast E09: Prof Alexander Capri on the global supply chain HTML
    April 17, 2020 Kopi time with Taimur Baig podcast, E08: Former IMF chief economist and RBI governor, Prof Raghuram Rajan HTML
    April 15, 2020 (Webinar) The Asia Economist: Discussing Singapore with Irvin Seah HTML
    March 31, 2020 Kopi time with Taimur Baig podcast, E07: Princeton’s Bernard Haykel on Saudi oil strategy and Middle-East HTML
    March 31, 2020 Kopi time with Taimur Baig podcast, E06: Simon Tay on Singapore, China, US, and Asean HTML
    March 30, 2020 (Livestream) Global shutdown and policy response HTML
    March 23, 2020 Kopi time with Taimur Baig podcast, E05: Mikkel Larsen on climate change and the tragedy of the commons HTML
    March 13, 2020 Kopi time with Taimur Baig podcast, E04: Dean Ho on AI to fight cancer and COVID-19 HTML
    March 6, 2020 Kopi time with Taimur Baig, E03: Angela Mancini from Control Risks on the intersection of political and business risks in Malaysia, Indonesia, China, and the US HTML
    March 2, 2020 (Liivestream) COVID-19 spillover HTML
    February 28, 2020 Kopi time with Taimur Baig, E02: Slava Shilin on learning Mandarin and humanising China HTML
    February 24, 2020 (Video) Climate mitigation: Evading the “too late, too costly” trap HTML
    February 24, 2020 Kopi time with Taimur Baig, E01: A podcast series. This week: Prof Bert Hofman on China with a focus on Covid-19 HTML

    Back to Top ^


    Macro Strategy Daily

    Date Report
    October 15, 2021 Credit: China real estate under refinancing duress (Chang Wei Liang) HTML
    October 15, 2021 FX Daily: Profit-taking ahead of the weekend? (Philip Wee) HTML
    October 14, 2021 FX Daily: Our MAS call proves correct (Philip Wee) HTML
    October 14, 2021 SGD Rates: MAS normalisation (Eugene Leow) HTML
    October 14, 2021 USD Rates: Digesting inflation (Eugene Leow) HTML
    October 13, 2021 Asia Rates: Oil and policy normalization (Duncan Tan) HTML
    October 13, 2021 FX Daily: Inflation becomes a tail risk (Philip Wee) HTML
    October 12, 2021 Rates: Watching US inflation momentum (Eugene Leow) HTML
    October 12, 2021 FX Daily: A short view on the JPY (Philip Wee) HTML
    October 8, 2021 Credit: Strategic choice in the default game (Chang Wei Liang) HTML
    October 8, 2021 FX Daily: US nonfarm payrolls today, SGD policy review next week (Philip Wee) HTML
    October 7, 2021 IDR Rates: 4Q issuance target at IDR80.8tn (Duncan Tan) HTML
    October 7, 2021 FX Daily: USD strength might pause on Thursday (Philip Wee) HTML
    October 6, 2021 Rates: Asia giants doing well amid G10 normalisation (Eugene Leow) HTML
    October 6, 2021 FX Daily: USD firmer after three days of selling (Philip Wee) HTML
    October 5, 2021 Rates: No panic on inflation…yet (Eugene Leow) HTML
    October 5, 2021 FX Daily: USD bears are not out of the woods yet (Philip Wee) HTML
    October 4, 2021 FX Daily: US-China in focus, as are RBA and RBNZ (Philip Wee) HTML
    October 1, 2021 Credit:  Monitoring contagion risks in China real estate (Chang Wei Liang) HTML
    October 1, 2021 FX Daily: Carrying a baggage of worries into October (Philip Wee) HTML
    September 30, 2021 Asia Rates: Beta moves to US (Duncan Tan) HTML
    September 30, 2021 FX Daily: USD finally broke higher (Philip Wee) HTML
    September 29, 2021 SGD Rates: Two ideas to navigate rising US yields (Eugene Leow) HTML
    September 29, 2021 FX Daily: Hammered by risk aversion and higher yields (Philip Wee) HTML
    September 28, 2021 SGD Rates: Two ideas to navigate rising US yields (Eugene Leow) HTML
    September 28, 2021 FX Daily: Guard against complacency (Philip Wee) HTML
    September 24, 2021 Credit: Likely policy co-ordination on Evergrande (Chang Wei Liang) HTML
    September 24, 2021 Rates: 10Y UST yields climb above 1.40%...finally (Eugene Leow) HTML
    September 24, 2021 FX Daily: Maneuvering between US bond yields and equities (Philip Wee) HTML
    September 23, 2021 Rates: Taper clarity (Eugene Leow) HTML
    September 23, 2021 FX Daily: Fed lifts the USD (Philip Wee) HTML
    September 22, 2021 China: Investors seeking clues on Evergrande (Nathan Chow) HTML
    September 22, 2021 FX Daily: Caught between China and the US (Philip Wee) HTML
    September 21, 2021 China/Hong Kong SAR - Weak asset market with manageable impact on liquidity condition (Samuel Tse) HTML
    September 21, 2021 Rates: Contagion fears reflect in lower DM yields (Eugene Leow) HTML
    September 21, 2021 FX Daily: Risk aversion on Evergrande-led sell-off (Philip Wee) HTML
    September 17, 2021 Asia Rates: UST yields nearing top of recent range (Duncan Tan) HTML
    September 17, 2021 FX Daily: Central banks back in focus (Philip Wee) HTML
    September 16, 2021 Indonesia: IDR bonds in a sweet spot (Radhika Rao) HTML
    September 16, 2021 FX Daily: See-saw markets, wait-and-see mode (Philip Wee) HTML
    September 15, 2021 USD Rates: Easing reopening inflation offers relief for Treasuries (Eugene Leow) HTML
    September 15, 2021 FX Daily: Testing resistance levels on risk aversion (Philip Wee)  HTML
    September 14, 2021 USD Rates: Real yields are too low (Eugene Leow) HTML
    September 14, 2021 FX Daily: Mixed ahead of US CPI data (Philip Wee) HTML

    Back to Top ^


    Economics & Macro Strategy Flash 


    Date Report
    October 15, 2021 INR Rates: Greater normalization impetus HTML
    October 12, 2021 China’s Power Shortage HTML
    October 12, 2021 Indonesia: Tax measures and strong trade add to resilience HTML
    October 1, 2021 Japan: A new hope HTML
    September 30, 2021 Asia Rates: Bond Supply Pressures in 4Q HTML
    September 27, 2021 Thailand: Positioning for a BOT rate cut HTML
    September 21, 2021 Indonesia: Monetary-fiscal mix for growth and stable IDR HTML
    September 16, 2021 Asia Rates Strategy: Systemic vs Idiosyncratic drivers HTML
    September 2, 2021 IDR Rates: “Burden-sharing” a positive for IndoGB HTML
    August 30, 2021 Vietnam: Slower growth, but still outperformer HTML
    August 25, 2021 Eurozone & Japan: Delta and cautious reopening HTML
    August 24, 2021 US economy’s ebbing momentum and market implications HTML
    August 23, 2021 India: Strong growth print likely in 2Q21; what’s next? HTML
    August 18, 2021 China: Growth downgraded amid Delta worries HTML
    August 17, 2021 Malaysia: Uneven path to recovery HTML
    August 16, 2021 China: Delta worries dim outlook; policy easing warranted HTML
    August 11, 2021 Singapore: Reopening growth impetus ahead HTML
    August 11, 2021 Thailand: Sluggish growth, lower rates, weaker THB HTML
    August 10, 2021 Philippines: A laggard in the pandemic recovery HTML
    August 5, 2021 Indonesia: A sharp rebound in 2Q21 GDP HTML
    August 4, 2021 Vietnam: Implications of the currency truce with the US HTML
    August 3, 2021 FX: DEER recommendations (August 2021) HTML
    August 3, 2021 SGS: Attractive pickup for the 20Y tenor HTML
    August 2, 2021 Asia Rates: An update on our trade ideas HTML
    August 2, 2021 Hong Kong: Speedy recovery HTML
    July 30 2021 India: RBI unlikely to rock the (policy) boat HTML
    July 28 2021 China: Quick thoughts on the sell-off in equities HTML
    July 27 2021 Eurozone: ECB Strategy review affirms dovish course HTML
    July 21 2021 Indonesia/ Thailand: Bumpy road to recovery HTML
    July 15 2021 China: Slower headline growth; policy in neutral gear HTML
    July 14 2021 Singapore: Strong 2Q but normalisation ahead HTML
    July 9 2021 China: RRR cut in sight as inflation fears ease HTML
    July 9 2021 Indonesia: No respite from the pandemic HTML
    July 7 2021 CNY Rates: Higher issuances, tighter liquidity HTML
    June 28 2021 South Korea to hike rates in 4Q, first in Asia HTML
    June 18 2021 Asian rates primed to rise in 2H HTML
    June 17 2021 USD Rates: The Fed’s shifting tone and rates implications HTML
    June 4 2021 CNY to consolidate after year-long gains HTML
    May 27, 2021 Eurozone & Japan: Paths diverge HTML
    May 27, 2021 China: Inflation and monetary policy outlook HTML
    May 25, 2021 Singapore: Speed bump in 2Q21 HTML
    May 19, 2021 Asia Rates: Global Inflation and Fed Taper Headwinds HTML
    May 18, 2021 Covid outbreak and Taiwan’s outlook HTML
    May 18, 2021 Bond returns and Covid; Divergent FX trends HTML
    May 17, 2021 China: Reading through flattening growth figures HTML
    May 11, 2021 Thailand: Recalibrating expectations HTML
    May 11, 2021 China: rising producer prices not yet a threat HTML
    May 6, 2021 Indonesia: The economy bottoms HTML
    May 6, 2021 Asia Rates: Bond supply differentials HTML
    May 4, 2021 Credit: Diminished state support meets Huarong HTML
    April 21, 2021 Singapore's inflation expectations turn a corner HTML
    April 20, 2021 Turning on cautious on Indonesian rates HTML
    April 16, 2021 China: Fears over tightening overdone HTML
    April 14, 2021 Singapore: Recovery is on track  HTML
    April 7, 2021 India & Indonesia: Monetary policy – steady hand on the wheel HTML
    April 6, 2021 Safeguards for SINGA bonds HTML
    April 1, 2021 INR rates: 1H issuance calendar point to greater supply pressures ahead HTML
    April 1, 2021 India & Indonesia: Strengthening the institutional backbone HTML
    March 30, 2021 Asia Rates: China included into WGBI; Malaysia removed from watchlist HTML
    March 23, 2021 India: Tackling a second Covid wave HTML
    March 23, 2021 Interest rate hike expectations in Asia are overpriced HTML
    March 10, 2021 China Rates: Comfortable with duration HTML
    March 9, 2021 Eurozone & Japan: Payback year HTML
    March 1, 2021 Asia Rates: Finding cover amid the global selloff HTML
    February 22, 2021 India: cyclical rebound and sticky inflation HTML
    February 19, 2021 SGD Rates: Thoughts on SINGA bonds HTML
    February 19, 2021 Indonesia: Dovish hold for the year, eye on the COVID-19 curve HTML
    February 15, 2021 Singapore: Ended 2020 on a brighter note HTML
    January 29, 2021 China: Stimulus calibration underway HTML
    January 27, 2021 India rates: Union Budget and Fading Risks HTML
    January 22, 2021 Oil: The bulls are back HTML
    January 21, 2021 South Korea & Taiwan: Semiconductor sector continues to shine HTML
    January 21, 2021 SGD Rates: Opportunity Arises HTML
    January 18, 2021 India budget: To align with pandemic-led shifts HTML
    January 18, 2021 China: Strengthening recovery momentum HTML
    January 11, 2021 Indonesia: Seeking a flatter pandemic curve HTML
    January 7, 2021 Japan: Implications of Covid state of emergency HTML
    January 7, 2021 SGD Rates: Limit increase offers opportunities for SGS HTML
    January 6, 2021 India: Counting on vaccine, eye on inflation HTML
    January 4, 2021 Singapore: Hopeful end to a bitter year HTML
    October 9, 2020 India: RBI unleashes a series of market supportive measures HTML

    Back to Top ^

      

    Macro Insights Weekly


    Date Report
    October 11, 2020 Slowing growth and higher rates? HTML
    October 4, 2020 Crypto update; China power crunch; RBI policy preview HTML
    September 27, 2020 Credit risk in China; taper scenario in the US HTML
    September 20, 2020 China slowdown and credit risk HTML
    September 13, 2020 Downgrading the US GDP forecast HTML
    September 6, 2020 China’s “common prosperity” agenda HTML
    August 30, 2020 Jackson Hole takeaways: jobs and inflation HTML
    August 23, 2020 Re-opening trade interrupted HTML
    August 16, 2020 Will China follow the German Model? HTML
    July 26, 2020 Taking stock of currency positionings HTML
    July 19, 2020 Making sense of flattening curves HTML
    July 12, 2020 Rate hike considerations in India and South Korea HTML
    July 5, 2020 Assessing the US economy at mid-year HTML
    June 28, 2020 How much bond can central banks buy? HTML
    June 21, 2020 Singapore’s Census: Older, richer, smarter HTML
    June 14, 2020 Fed’s tools to help the world (and the US) HTML
    June 7, 2020 Is PBoC ahead of the curve? HTML
    May 31, 2020 Asia’s Covid stumble and fiscal response HTML
    May 24, 2020 Can trade bail out Asia this year? HTML
    May 17, 2020 Singapore’s renewed pandemic stringency HTML
    May 10, 2020 Assessing the Covid scar HTML
    May 3, 2020 Could herd immunity be a mirage? HTML
    April 26, 2020 Asia’s house prices perking up HTML
    April 19, 2020 Contrasting recovery of China and the US HTML
    April 12, 2020 Varieties of inflation trend HTML
    April 5, 2020 A peek into 2Q HTML
    March 29, 2020 China-US: Competition, collaboration, confrontation HTML
    March 22, 2020 Five factors to watch during reflation HTML
    March 15, 2020 Rising rates and funding needs HTML
    March 8, 2020 Virus variant alert HTML
    March 1, 2020 The coming US boom HTML
    February 22, 2020 Singapore’s green agenda HTML
    February 16, 2020 Debt burden HTML
    February 8, 2020 Battle line between big and small investors HTML
    February 1, 2020 As yield curves steepen HTML
    January 25, 2020 Between vaccines and virus resurgence HTML
    January 18, 2020 Inflation watch HTML
    January 11, 2020 Shape of 4Q20 and 1Q21 HTML
    December 14, 2020 Asset valuation versus returns HTML
    December 7, 2020 Thinking through a bifurcated world HTML
    November 30, 2020 12 trade ideas for 2021 HTML
    November 23, 2020 Singapore: Recovery is on track HTML
    November 18, 2020 Singapore Outlook 2021: Emerging optimism HTML
    November 16, 2020 RCEP is a big deal HTML
    November 9, 2020 Covid contrast HTML
    November 2, 2020 Four US election scenarios HTML

    Back to Top ^

      

    Focus & Thematic


    Date Report
    October 13, 2021 Malaysia’s electrical and electronics sector potential HTML
    October 7, 2021 Understanding China: Key trends under common prosperity HTML
    October 6, 2021 Digital Assets Update: Use case and pushback galore HTML
    October 4, 2021 Vietnam: The worst is over; recovery ahead HTML
    September 29, 2021 Systemic risk in China property? HTML
    September 27, 2021 India: Fiscal positives and rangebound rupee HTML
    September 23, 2021 ASEAN’s potential in semiconductor manufacturing HTML
    September 22, 2021 Philippines: Fluctuating current account, weaker PHP HTML
    September 16, 2021 ASEAN-6: Mapping electronics exposure HTML
    September 14, 2021 Understanding India: Growing footprint in electronics HTML
    September 13, 2021 Contours of the GBA Wealth Connect HTML
    September 7, 2021 Thailand: Baht’s overvaluation HTML
    September 1, 2021 India: Growth spurt in 2Q, rates eye trade-off HTML
    August 18, 2021 Indonesia: Investments and foray into Electric Vehicles HTML
    August 4, 2021 Mapping India’s Financial Conditions Index (FCI) HTML
    July 21, 2021 Digital Assets Update: Regulation, tokenised carbon credits, CBDCs HTML
    July 8, 2021 3Q Nowcasting for China, India, Indonesia, and Singapore HTML
    July 6, 2021 India: Vaccination and policy normalisation HTML
    July 6, 2021 HKD Rates: HIBORs to remain anchored HTML
    June 30, 2021 US economic recovery and fixed income implications HTML
    June 29, 2021 Indian rupee’s overvaluation and ample buffers HTML
    June 22, 2021 Indonesia’s onshore bond and FX markets – a primer HTML
    June 16, 2021 Surging flows in and out of China HTML
    June 15, 2021 Singapore: Towards mass vaccination and economic recovery HTML
    June 7, 2021 Opportunities in Chinese banks’ credit HTML
    June 2, 2021 Implications of the global semiconductor race HTML
    May 20, 2021 Four questions about India’s growth risks HTML
    May 18, 2021 USD Rates: Inflation & Taper strategies HTML
    May 17, 2021 USD Rates: 5 reasons to taper HTML
    May 6, 2021 SGD Rates: Spotting the distortions HTML
    May 4, 2021 Hong Kong: Upward revision of HK outlook HTML
    April 29, 2021 减少碳排放: 原因和途径 HTML
    April 29, 2021 Reducing carbon: why and how  HTML
    April 22, 2021 India’s Covid resurgence begins to take an economic bite HTML
    April 13, 2021 认识中国: 大湾区融合步伐加快.HTML
    April 13, 2021 Understanding China: GBA integration gathers pace.HTML
    April 06, 2021 Update on Digital Assets: NFTs, DeFi, Cryptos, CBDCs.HTML
    March 30, 2021 Taiwan: Growth shifting to higher gear.HTML
    March 10, 2021 IndoGB: Underappreciated.HTML
    March 9, 2021 China’s onshore bond and FX markets: A primer for foreign investors.HTML
    March 9, 2021 Eurozone & Japan: Payback year HTML
    March 5, 2021 Understanding India: Manufacturing push – a reset HTML
    March 2, 2021 The coming US boom HTML
    February 17, 2021 Singapore’s budget for recovery and sustainability HTML
    February 9, 2021 Stacking up Indonesia’s policy stance against other EMs  HTML
    February 8, 2021 HKD Rates: IPOs, issuances & global recovery HTML
    February 8, 2021 SGD Rates: Too fast in relative terms HTML
    February 5, 2021 US: The case for higher rates HTML
    February 1 , 2021 India: FY22 budget pushes investments over consolidation HTML
    February 1 , 2021 Hong Kong: Cautiously optimistic outlook HTML
    January 22, 2021 Understanding China: RMB internationalisation 2.0 HTML
    January 20, 2021 The case for and against inflation HTML|Video
    January 19, 2021 Singapore Budget 2021: Supporting the recovery HTML
    January 12, 2021 USD Rates: Reflation scare HTML
    January 6, 2021 China: Credit related policy to contain market risks HTML
    December 14, 2020 India 2021 Outlook: Normalisation underway, then recovery HTML
    December 7, 2020 Update on Digital Currencies: December 2020 HTML
    December 3, 2020 DBS 2021 Outlook: A bifurcated World HTML
    November 30, 2020 Indonesia Outlook 2021: Beyond the pandemic HTML
    November 25, 2020 2021 Outlook for rates, currency, and credit HTML|PDF
    November 23, 2020 China in 2021: Outlook, Dual Circulation Strategy, relationship with US, RCEP, and BRI HTML\ZH HTML
    November 18, 2020 Singapore Outlook 2021: Emerging optimism HTML
    November 17, 2020 North Asia: Winners and losers of RCEP HTML
    November 10, 2020 Malaysia: Outlook remains challenging despite fiscal boost HTML
    October 29, 2020 India’s onshore bond and FX markets – a primer HTML
    October 21, 2020 Hong Kong: Upgrading the 2021 outlook HTML
    October 12, 2020 China government bonds: The alternative to DM HTML
    October 1, 2020 4Q20 Global Macroeconomics HTML
    October 1, 2020 Mapping the credit landscape with DACS HTML
    October 1, 2020 India: Five months on, livelihoods play catch-up HTML
    September 24, 2020 China’s onshore bond and FX markets:  A primer for foreign investors HTML
    September 15, 2020 India: Pandemic puts policy on a balance beam HTML
    September 10, 2020 China/HK: GBA to thrive amidst adversity HTML
    August 25, 2020 India: Off the trough, uneven path ahead HTML
    August 17, 2020 Digital currencies, public and private, present and future  HTML
    August 11, 2020 Key aspects of SIBOR to SORA transitio HTML
    July 30, 2020 Hong Kong: Longest recession ever HTML
    July 22, 2020 India: Pandemic to take a deeper economic bite HTML
    July 15, 2020 Indonesia: Fiscal and growth dynamics  HTML
    July 14, 2020 Singapore: The economy has bottomed out HTML
    July 13, 2020 Thailand: Growth to hit a higher speedbump HTML
    July 13, 2020 Singapore: Election effect on policies HTML
    July 9, 2020 China/HK: GBA Wealth Connect is coming HTML
    July 9, 2020 IDR Rates: Time to catch up HTML
    July 7, 2020 Understanding Taiwan: Post-pandemic tech opportunities and some complications HTML
    July 7, 2020 India: Balancing recovery and pandemic firefighting HTML

    Back to Top ^
     

    Rates Dashboard


    Date Report
    October 5, 2020 SG

    Back to Top ^


    Chart Book


    Date Report
    October 5, 2021 Thailand chartbook: Long road to normalisation HTML
    September 29, 2021 Taiwan Chartbook: Cyclical tailwinds vs. secular headwinds HTML
    September 21, 2021 Singapore Chartbook: The bumpy path from pandemic to endemic HTML
    September 2, 2021 China Chartbook: Ageing and rejuvenation HTML
    August 25, 2021 ASEAN-6 chartbook: Riding out the pandemic HTML
    May 4, 2021 ASEAN-6 chartbook: Covid uptick poses a hurdle HTML
    April 27, 2021 South Korea Chartbook: Higher growth, stable rates HTML
    April 20, 2021 Vietnam Chartbook: Exports and FDI to the fore HTML
    March 30, 2021 Singapore Chartbook: Raising growth and inflation forecasts  HTML
    March 22, 2021 China Chartbook: Key Takeaway from China’s 14th Five Year Plan HTML
    February 16, 2021 图示中国: 绿色债券蓬勃发展,房地产行业引领主流 HTML
    February 16, 2021 China Chartbook: Green bonds blossom with property in the lead HTML
    February 16, 2021 ASEAN-6 chartbook: Turning a corner HTML
    February 11, 2021 Thailand chartbook: Bumpy road to normalisation  HTML
    January 8, 2021 Credit Chartbook: Post-pandemic normalisation and opportunities in EM HTML
    October 28, 2020 Singapore Chartbook: Recovery is underway but remains uneven  HTML
    October 7, 2020 ASEAN-6 Chartbook: Two-speed recovery HTML
    September 24, 2020 Thailand chartbook: COVID-19 under control, impact not so HTML
    September 23, 2020 Malaysia Chartbook: Bumpy recovery ahead HTML
    September 16, 2020 North Asia Chartbook: More signs of recovery, but pace differs HTML
    September 1, 2020 Eurozone chartbook: Fighting a second wave HTML
    August 5, 2020 China Chartbook: An update on the internationalization of the RMB HTML
    June 10, 2020 North Asia Chartbook: Current state of the supply chain HTML
    May 26, 2020 Hong Kong Chartbook: Explaining the resilience of property price HTML
    May 8, 2020 China Chartbook: Digitizing the redback: causes and implications HTML
    April 21, 2020 Chartbook: ASEAN-6 and COVID-19 HTML
    April 17, 2020 India chartbook: Assessing COVID-19 fallout HTML
    April 9, 2020 North Asia Chartbook: COVID-19 update in 20 charts HTML
    April 9, 2020 Hong Kong Chartbook: A deeper recession comparing to SARS HTML
    April 3, 2020 China chartbook: Work resumption on track, but challenges abound HTML

    Back to Top ^

     

    Subscribe here to receive our economics & macro strategy materials.
    To unsubscribe, please click here.

    This report is published by DBS Bank Ltd. This report is intended for clients of DBS Bank Ltd only and no part of this document may be (i) copied, photocopied or duplicated in any form or by any means or (ii) redistributed without the prior written consent of DBS Bank Ltd. The research set out in this report is based on information obtained from sources believed to be reliable, but we (which collectively refers to DBS Bank Ltd., its related corporations (as defined in the Companies Act Chapter 50 Singapore), affiliates and their respective directors, officers, employees and agents (collectively, the “DBS Group”) do not make any representation or warranty as to its accuracy, completeness or correctness. Opinions expressed are subject to change without notice. This document is prepared for general circulation. Any recommendation contained in this document does not have regard to the specific investment objectives, financial situation and the particular needs of any specific addressee. This document is for the information of addressees only and is not to be taken in substitution for the exercise of judgement by addressees, who should obtain separate independent legal or financial advice. The DBS Group accepts no liability whatsoever for any direct, indirect and/or consequential loss (including any claims for loss of profit) arising from any use of and/or reliance upon this document and/or further communication given in relation to this document. This document is not to be construed as an offer or a solicitation of an offer to buy or sell any securities. The DBS Group, along with its affiliates and/or persons associated with any of them may from time to time have interests in the securities mentioned in this document. The DBS Group may have positions in, and may effect transactions in securities mentioned herein and may also perform or seek to perform broking, investment banking and other banking services for these companies. Any valuations, opinions, estimates, forecasts, ratings or risk assessments herein constitutes a judgment as of the date of this report, and there can be no assurance that future results or events will be consistent with any such valuations, opinions, estimates, forecasts, ratings or risk assessments. The information in this document is subject to change without notice, its accuracy is not guaranteed, it may be incomplete or condensed and it may not contain all material information concerning the company (or companies) referred to in this report. The valuations, opinions, estimates, forecasts, ratings or risk assessments described in this report were based upon a number of estimates and assumptions and are inherently subject to significant uncertainties and contingencies. It can be expected that one or more of the estimates on which the valuations, opinions, estimates, forecasts, ratings or risk assessments were based will not materialize or will vary significantly from actual results. Therefore, the inclusion of the valuations, opinions, estimates, forecasts, ratings or risk assessments described herein IS NOT TO BE RELIED UPON as a representation and/or warranty by the DBS Group (and/or any persons associated with the aforesaid entities), that: (a) such valuations, opinions, estimates, forecasts, ratings or risk assessments or their underlying assumptions will be achieved, and (b) there is any assurance that future results or events will be consistent with any such valuations, opinions, estimates, forecasts, ratings or risk assessments stated therein. Any assumptions made in this report that refers to commodities, are for the purposes of making forecasts for the company (or companies) mentioned herein. They are not to be construed as recommendations to trade in the physical commodity or in the futures contract relating to the commodity referred to in this report. DBS Vickers Securities (USA) Inc ("DBSVUSA")"), a U.S.-registered broker-dealer, does not have its own investment banking or research department, nor has it participated in any investment banking transaction as a manager or co-manager in the past twelve months. Any US persons wishing to obtain further information, including any clarification on disclosures in this disclaimer, or to effect a transaction in any security discussed in this document should contact DBSVUSA exclusively. RESTRICTIONS ON DISTRIBUTION General This report is not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation. Australia This report is not for distribution into Australia. Hong Kong This report is being distributed in Hong Kong by DBS Vickers (Hong Kong) Limited which is licensed and regulated by the Hong Kong Securities and Futures Commission. Indonesia This report is being distributed in Indonesia by PT DBS Vickers Securities Indonesia. Malaysia This report is distributed in Malaysia by HwangDBS Vickers Research Sdn Bhd ("HDBSVR"). Recipients of this report, received from HDBSVR are to contact Mr Wong Ming Tek, Head of Research, HDBSVR at 603-2711 2222 in respect of any matters arising from or in connection with this report. In addition to the General Disclosure/Disclaimer by DBS Bank Ltd, the preparer of this report found at the preceding page, recipients of this report are advised that HDBSVR, its holding company HwangDBS Investment Bank Berhad, their directors, employees and parties related or associated with any of them may have positions in, and may effect transactions in the securities mentioned herein and may also perform or seek to perform broking, investment banking/corporate advisory and other services for the subject companies. They may also have received compensation and/or seek to obtain compensation for broking, investment banking/corporate advisory and other services from the subject companies. Singapore This report is distributed in Singapore by DBS Bank Ltd (Company Regn. No. 196800306E), an Exempt Financial Adviser as defined in the Financial Advisers Act and regulated by the Monetary Authority of Singapore. DBS Bank Ltd may, distribute reports produced by its foreign DBS Vickers entities or affiliates pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the report is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, DBS Bank Ltd accepts legal responsibility for the contents of the report to such persons to the extent required by law. Singapore recipients should contact DBS Bank Ltd at +65-63987966 for matters arising from, or in connection with the report. Thailand This report is being distributed in Thailand by DBS Vickers Securities (Thailand) Co Ltd. Research reports distributed are only intended for institutional clients only and no other person may act upon it. United Kingdom This report is being distributed in the UK by DBS Vickers Securities (UK) Ltd, who is an authorised person in the meaning of the Financial Services and Markets Act and is regulated by The Financial Conduct Authority. Research distributed in the UK is intended only for institutional clients. Dubai This research report is being distributed in The Dubai International Financial Centre (“DIFC”) by DBS Bank Ltd., (DIFC Branch) having its office at PO Box 506538, 3rd Floor, Building 3, East Wing, Gate Precinct, Dubai International Financial Centre (DIFC), Dubai, United Arab Emirates. DBS Bank Ltd., (DIFC Branch) is regulated by The Dubai Financial Services Authority. This research report is intended only for professional clients (as defined in the DFSA rulebook) and no other person may act upon it. United States Neither this report nor any copy hereof may be taken or distributed into the United States or to any U.S. person except in compliance with any applicable U.S. laws and regulations. Other jurisdictions In any other jurisdictions, except if otherwise restricted by laws or regulations, this report is intended only for qualified, professional, institutional or sophisticated investors as defined in the laws and regulations of such jurisdictions. DBS Bank Ltd. 12 Marina Boulevard, Marina Bay Financial Centre Tower 3 Singapore 018982 Tel. 65-6878 8888 Company Regn. No. 196800306E