DBS warns that the recent rally for STI is about to come to a halt as key macro events loom. DBS forecasts that the STI will run into strong resistance to turn sideways between 2720-2920.
As of 26 March, the STI has bounced 12.6 percent from its year to date low of 2,528. That being said, the STI is still down 1.2 percent on a year to date basis. So where do we go from here?
With the residential transaction market still slow in Singapore, property stocks are generally not doing well.
With most of the Singapore-listed blue chips reporting their earnings for 4Q15, the earnings season for Singapore companies is done and dusted. But how did these SG-listed stocks fare in the past quarter? To sum it all up, the appropriate word to use is “poor”.
With emerging market (EM) currencies falling in tandem with commodity prices, investors have been shunning EM assets. But are we missing out on value buys of the decade? It is still possible to find "fallen angels".
OCBC, DBS and UOB have recently released their 4Q15 results. Here are four key things that you need to know about the banking sector and which bank holds an edge over its peers in terms of business fundamentals.
In the most recent FOMC meeting that ended on 16 March, Fed Chairwoman Janet Yellen announced that the Fed will maintain target interest rates at 0.25 to 0.5 percent. Below are 3 key points that investors should take note of and why we can consider increasing our holdings in gold for now.
Traditionally, gold is a good hedge against the prospect of violent swings in the market as well as bearish outlook and uncertainty.
Earlier this month, China’s credit-rating outlook was lowered from stable to negative by Moody’s as it highlights the country’s surging debt burden and questioned the government’s ability to enact reforms. This came days after China's central bank resumed its easing cycle by cutting the reserve requirement ratio by 50 basis points.
Oil has recently taken on the role of an economic indicator for an economic slowdown. In the past 18 months, there has been a strong correlation between high yield bonds’ spreads and oil price. Credit Suisse thinks that macro trades on the performance of major economies has been tied closely to oil price.