Bank of Singapore

All eyes will be on the Federal Reserve this week after last week’s strong US inflation report. US inflation is now at a 40-year high, and still likely to peak in the spring, as this year’s price rises ease compared to last year’s rapid gains. Join our Chief Economist, Mansoor Mohi-uddin , as he shares the latest in Fed developments and his forecasts for how it might impact Treasury yields.

In recent weeks, markets have been undergoing a volatile adjustment to the Fed’s hawkish shift that was signalled in early January. This has driven a sharp increase in nominal and real yields as investors reassess their expectations for Fed policy tightening. In our latest podcast, Conrad Tan , Investment Strategist at Bank of Singapore, helps investors navigate the uneven landscape. Although the...

In this episode, we feature our opening keynote address for Beyond 2022 - New Horizons , delivered live on 11th January 2022 by Professor Kishore Mahbubani . Tune in to listen to his confident predictions about the future: - US-China geopolitical contest  - The Greatest Power Struggle the world has seen - China's Growth Story: how fast and how far - Implications for Southeast Asia and Singapo...

In this fireside chat, our chief economist, Mansoor Mohi-uddin , sits down with Professor Kishore Mahbubani to look at the latest global issues and how the global economy might change in 2022 as countries return to life-as-normal again. Tune in to hear their perspectives on: - How will the pandemic evolve? Will countries co-operate to get the entire planet vaccinated so life can return to normal a...

In this episode, listen to our Bank of Singapore investment experts discuss the key themes to watch for 2022: Inflation, Deflation or Stagflation? The Bumpy Road to "Common Prosperity" A Brave New World Building Climate Resilience Speakers: - Jean Chia, Chief Investment Officer, Bank of Singapore - Eli Lee , Head of Investment Strategy, Bank of Singapore - Todd Schubert , Head of Fixed Income Rese...

What challenges and opportunities lie ahead for ASEAN’s USD4 trillion consumer market and perhaps most importantly, how can we all play our part in contributing to a more resilient and sustainable future? For this blockbuster panel segment, we bring together 4 renowned Asian leaders to share their expertise in a power packed discussion on the challenges and opportunities ahead for Asia: -   H...

As the global climate crisis becomes more urgent, we delve into the impact of climate change and speak to Mark Carney to share his expert insights on climate policy, double materiality, climate-related risks, green inflation, global energy consumption, and his thoughts about the transition to net zero... Mark Carney is a Vice Chair of Brookfield Asset Management and Head of Transition Investing. I...

In our latest podcast, Eli Lee, Head of Investment Strategy at Bank of Singapore, advises investors to remain watchful of potential volatility in the horizon: Investors should not rule out the risk of sharp volatility even within bull markets It is time to reassess positions and exercise risk management, especially in early stage high growth companies. Structurally, the post-pandemic bull market r...

In our latest podcast, Jean Chia , Chief Investment Officer at Bank of Singapore, starts the year on a sweet note, by guiding investors on the right type of “flavour combinations” to consider as they construct their perfectly curated “box of chocolates” (i.e. investment portfolio for 2022). Every chocolate lover knows that nothing beats the satisfaction of a well-curated selection, but with so man...

In this episode, Chatri Sityodtong – Founder, Chairman and CEO of ONE Championship takes on The Hot Seat with our host Mark Laudi to talk about embracing the warrior mindset, overcoming life’s adversities and his quest to build a global mixed martial arts empire. For entrepreneurs and technopreneurs, it is clear that succeeding in this re-booted business world requires a new approach, a different...

Last week, investors around the world got a rude shock after news emerged of a new Covid-19 variant (“Omicron” or B.1.1.529), and this in turn triggered one of the worst Black Friday corrections on record. The World Health Organisation has classified Omicron as a “variant of concern". In only a few short days, events have escalated remarkably quickly and cases have been uncovered in Europe an...

The FX markets are starting to wake up as central banks have now signaled that they are prepared to change interest rate policies. The phase of central bank convergence towards lower interest rates is over, and measures of expected volatility in currency markets have been edging up to reflect a more divergent world. In our latest podcast episode, Sim Moh Siong, our Commodity and Currency Strategis...

Over the past few months, the saga of Evergrande and the creeping contagion in the broader Chinese property market has been the primary focus in the Emerging Market Corporates. With Chinese High Yield down some 30% or so year-to-date and a number of defaults, the spotlight continues to shine brightly on the property sector.  However, it is important to keep in mind that China represents only...

Last week, the Fed announced it would begin tapering its asset purchase programme and will likely finish its asset purchases by June 2022. While this signifies the beginning of the end of QE, Fed chair Jerome Powell stressed that the first interest rate hike still remains some distance away. As we draw closer to 2022, markets face a tug of war between optimism over the earnings growth recovery and...

The climate crisis poses an existential threat to every country, especially a small island state like Singapore. The urgency of the climate crisis is even more stark today, and both governments and corporations recognise the need for bold climate action and are stepping up eff­orts to combat this threat. However, dealing with the impacts of climate change and transforming the way we produce and co...

Home to more than half of the world’s population, much of our urban areas are located in places at risk. Modern urban infrastructure are also closely connected, and failure in one part of the network could affect another, multiplying the damage. Climate change is expected to increase the severity and frequency of extreme weather. To protect the lives and livelihoods of urban residents, how can we...

The Federal Open Market Committee meets this week with officials set to focus on two important tasks, the first, to start tapering its quantitative easing without causing a tantrum in financial markets, and the second, to reassure financial markets that the Fed will not immediately start increasing interest rates after its quantitative easing has finished. Tune in to our latest podcast with our Ch...

Dr William C. Dudley sits down with our chief economist, Mansoor Mohi-uddin ¸ to lend his valuable perspective on how the Fed sees the economic outlook, when the central bank will start tapering its quantitative easing and how long officials will wait before increasing interest rates. Dr William C. Dudley is the former president and CEO of the Federal Reserve Bank of New York (2009-2018) and Vice-...

Starting this Sunday, government leaders from over 190 countries will be gathering in Glasgow, Scotland for the key climate summit, the 26th UN Climate Change Conference of the Parties or COP26 . These discussions will be the culmination of intense efforts in recent months by top government officials worldwide to secure stronger international commitments to fight climate change and to turn those c...

Over the past week, markets have been facing a tug of war between optimism over the earnings growth recovery and uncertainty over inflation risks. In this episode, Eli Lee , Head of Investment Strategy at Bank of Singapore, helps investors navigate the latest in market developments: Tug of war between optimism on growth outlook and inflation fears Inflation more persistent than expected but stagfl...

As we head into the final months of the year, financial markets face new risks. Higher energy prices and rising US Treasury bond yields are forcing investors to re-examine their positions in risky assets that are sensitive to inflation and higher interest rates. This calls for a much more selective investment approach, compared to the earlier stage of the post-pandemic recovery, when the powerful...

Commodities are making a comeback, but unlike the broad-based boom earlier this year, the commodity upswing is likely to be more differentiated. Prices for crude oil and industrial metals, widely seen as barometers of economic activity, often track each other closely. However, the fortunes of crude oil could diverge from industrial metals over the next few months. In our latest podcast episode, Si...

Come end October, government officials from over 190 countries will be gathering in Glasgow, Scotland for the 26th UN Climate Change Conference of the Parties or COP26 . These discussions in Glasgow will be the culmination of intense efforts in recent months by top government officials worldwide to secure stronger international commitments to fight climate change and to turn those commitments into...

The prolonged turmoil in the Chinese HY bond market has caused much anxiety. In this episode, Chan Wai Mei, our Senior Research Analyst with the Fixed Income Research team, addresses some key concerns surrounding HY property bonds. Tune in to find out more about why the prices have been so volatile, obtain updates on Evergrande, and find out how it might impact other Chinese property bonds should...

Financial markets tend to be wary of Autumn as past years have seen major shocks around this time. In October 1987, Wall Street crashed with stocks falling by more than 20% in a single day. In September 1998, the US hedge fund LTCM collapsed after Russia’s government defaulted on its debts. And in September 2008, the bankruptcy of the US investment bank Lehman Brothers intensified the global finan...