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
The Malaysia economy grew 5.4% YoY in 1Q18. Growth has turned out to be less broad-based and the outlook now appears uncertain after factoring in the impact of post-election policy changes.Read More
The 5Y tenor of the SGS curve has been rich since the 2008/09 crisis
While we think that the outperformance of Korea Treasury Bonds may be largely done, they are still extremely attractive from a USD-hedged perspective.
Amid strong rate-hike expectations, HIBOR-LIBOR spreads have widened to the highest level, last seen in 2008. We think the prime lending rate will jump soon and likely reach 5.75% by end-2018.
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
In a special report on 17 May, Fitch Ratings said that the impact of US Fed hikes should be manageable for most Asia-Pacific Banks. An easing in trade tensions between US and China, while welcome, is...
First quarter GDP releases for Singapore and Taiwan would see slightly stronger growth while inflation in Hong Kong, Malaysia and Singapore will show a pick-up in price pressure; meanwhile Bank of Ko...
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...