Global Trade War’s Ripple Effect On Market

Trump’s administration intends to impose tariffs amounting to at least US$50 billion on imports from China, mainly products coming from sectors such as aerospace, information and communication technology and machinery in order to further address the US$375 billion trade deficit with China. The ongoing trade war dragged Dow Jones Industrial Average (DJIA) down by 723.42 points in a single trading day, closing at 23,957.89 on 22 March 2018, marking the second biggest single-day point drop in this year.

Invest In Asia Amidst Global Trade Uncertainty

Growing possibility of a trade war and uncertainty in President Trump’s policies continue to dominate news cover in March in the absence of news from the Fed. Yet, despite the possibility of a full-scale trade war or diminishing influence of US on the global economy, global growth indicators are still showing healthy momentum. With the Asian economies still going strong, DBS recommends investors to turn its focus to the Asian markets.

The Winners And Losers Of Protectionism

While a full-blown trade war has yet to be ignited, President Trump may be seen as trying very hard to kickstart one with his provocative actions. He recently announced tariffs on imported steel and aluminium imports and threatened to announce another on car imports from Europe. Notwithstanding that, he signed into a memorandum to impose tariffs on Chinese goods, worth up to US$60 billion!

Are Oil And Gas Stocks Ripe For The Picking?

With oil prices climbing up in 2017 and continuing into this year, crude oil has been consistently trading above US$60. Given that OPEC and its allies have agreed to continue its oil production cuts till the end of the year to avoid a supply glut, coupled with data showing drawdowns on US crude oil inventory stockpile, crude oil prices are unlikely to come down too much shortly. Hence it may now be a good time to enter the Oil and Gas (O&G) industry to ride on the recovery of this sector.

Why Did Koda Slump 43 Percent From High Of $1.095?

Koda has dropped 43 percent from the high of $1.095 on 31 October 2017, to close $0.625 on 16 March 2018. Has Koda’s fundamentals deteriorate since October 2017 to warrant such a massive price decline?
Ping An

Recommedations For Chinese Insurance Companies

Investors have been concern about Chinese insurers’ weak “jump-start” sales to the growth compared to the value of new business growth. However, analysts from DBS Research felt that the structural drivers in the industry remain intact as contributions from renewal policies continue to rise and that negatives have been priced in and may even be overdone.

How Did SG Stocks Fare For 4Q17?

With the 4Q17 earnings season just ending two weeks ago, how did each of the sectors fare in compared to consensus expectations?