Taimur Baig, Chief Economist DBS Group Research Peak USD, peak rates, peak growth, and peak earnings? Will an asset market correction upend fed policy normalisation? How much will declining oil prices help EM? Where will we see fiscal support? We address these questions in our 2019-20 Outlook, covering 13 countries and 4...
Jovent GIOVANNY, Timothy HANDERSON Release date: November 19, 2018 Aggregate 10M18 presales (ex-JRPT) of Rp15.7tr-15.8tr formed 74% of FY18 target. Oct sales were slow amid lack of launches and Rp depreciation.So far, we think BSDE has the...
Eugene Leow, Rates Strategist Philip Wee, FX Strategist DBS Group Research US Rates: Powell’s comments not as dovish as the market thinks Overnight, the equity market had an outsized reaction to Powell’s speech with the S&P 500 up by 2.3%. The reaction in the rates space was more muted. 2Y UST yields...
By Aurelia BARUS, Namira LAHUDDIN Release date November 22, 2018 We expect the next infra push (infra 2.0), likely to kick-off in 2019F, to have a better structure, risk management, and working capital.Formation of infra and property holding...
JAKARTA - Penanganan kasus perizinan mega proyek propertiMeikarta tak akan mempengaruhi proses pengerjaan proyek tersebut. Sampai saatini, progres pengerjaan masih sesuai jadwal, seperti penyerahan satu distrik dikota Meikarta pada awal tahun 2019.
Danareksa Equity Snapshot - Plantation Sector (OVERWEIGHT) Indonesia CPO Export Levy Waiver | November 27, 2018 11:00 WIB Yudha Gautama We believe the impact of Indonesia’s decision to temporarily waive the CPO export levy is neutral....
Adrian Joezer, Lakshmi Rowter, Riyanto Hartanto/ Riset Mandiri Sekuritas Tren harga industri secara keseluruhan bersifat konstruktif pada bulan ini. PT Gudang Garam Tbk (GGRM, Rp80.200, BUY, TP Rp86.050) baru meluncurkan merek mid-tar (tingkatan tar menengah), GG Move, yang sudah muncul di jalur GT (General Trade) dan MT (Modern Trade)...
Oleh Lukman Otunuga, Research Analyst FXTM Pasar finansial pekan ini akan sangat sibuk. Investor menghadapi isu ketegangan dagang AS-China yang berkelanjutan, perkembangan Brexit, dan banyak risiko geopolitik lainnya. Pasar saham dan mata uang global akan sangat dipengaruhi oleh geopolitik dan pertemuan G20 akan sangat menjadi perhatian. Dolar memiliki ruang untuk tetap...
Eugene Leow, Rates Strategist Radhika Rao, Economist DBS Group Research Rates: Inflection point for HY Asia rates? While trade war and volatility in the DMs still dominate market narrative, the turbulence that buffeted EM assets appears to have waned. Performance for Asia local rates can be split into two periods – start of...
Eugene Leow, Rates Strategist Philip Wee, FX Strategist DBS Group Research FX: Divided the European currencies fall The British pound is under pressure despite the endorsement of the draft Brexit withdrawal agreement by EU leaders at the EU Summit. UK Prime Minister Theresa May now faces a hard sell with her divided Tories...