Highlights The Singapore dollar has come full circle and has cheapened massively in real terms. This has boosted the economy’s competitiveness. The country is attracting record amounts of FDI inflows. This should benefit…
The message from Asian trade has remained largely positive. Recent data on Japanese machine tool orders and Chinese exports show the global manufacturing cycle is well supported. At first blush, Singapore’s most recent…
The pulse from Singapore’s Q4 trade numbers is sending a warning for the global economy. While Singapore’s December domestic export figures were strong, they follow a soft patch. Non-oil domestic exports, as well…
The growth rate of Singapore’s non-oil domestic exports slowed in July to a 6% annual rate. However, this is a noisy series; the trend in the growth rate of exports continues to improve. The trend in Singapore’s…
Risk Of Debt Deflation… Chart II-1Singapore: Deflation Is At The Door Singaporean businesses and consumers have been deleveraging in the past six years. That, along with the ongoing export slump1 and collapse in…
Feature An analysis on Singapore is available below. The plunge in global risk assets is occurring at such a breathtaking pace that any economic analysis is pointless at this time. Economic growth forecasts have been reduced to moving…
Singapore: Monetary Easing Is Imminent Singapore’s stock market is at risk of selling off in absolute terms. However, the monetary authorities (MAS) will soon commence policy easing. This will differentiate Singapore from Hong Kong…
The Empire State manufacturing survey for June experienced it sharpest one month decline on record, falling to -8.6 from 17.8, resulting in a massive underperformance of expectations which stood at 11. The details of the survey…
Please note that a Special Alert titled "Brazil: A Regime Shift?" discussing investment implications of the weekend elections was published on Tuesday. Highlights The combination of rising U.S. bond yields and slumping…