Singapore
A fleeting greenback rally post Fed rate cut will offer a final chance to reset short dollar exposures. See why undervalued Asian FX are poised to lead the next leg lower in USD and how to position now.
In this chartbook, we look at the balance of payments across DM and EM countries. The US does not fare well, but neither do a few other countries.
This week, our screeners cover views on Trump 2.0, defensive US equity sectors, and a pullback in Singapore equities. Our first screener aims to hedge longer term inflation risks that Trump 2.0 will likely generate, targeting US equities that are highly correlated with future inflation expectations. Our second screener identifies several defensive sectors that are worth consideration, in case of a tactical pullback in US equities. Lastly, we pick out Singapore stocks that are cheap and high safety, should a pullback occur in the local bourse given weakening macro and technical conditions.
Can Singapore stocks continue the bull run into 2025? What does the city-state’s manufacturing and export outlook foretell? Is the Singapore dollar still competitive? See our analysis and investment recommendations in today’s report.
