Singapore Stock Market News

Economics Focus - 2H18 Outlook: A summer of discontent

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Publish date: Wed, 04 Jul 2018, 04:58 PM
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■ The resilience of the global economy will be tested by tightening monetary conditions, risks of greater international trade and investment friction, and geopolitical uncertainty.

■ Markets have become more attuned to risks of tighter global financing conditions and volatile FX adjustments to highly leveraged economies with large external imbalances

■ We expect monetary policy divergence between countries subject to macro volatility (Indonesia) vs. highly leveraged and trade-exposed economies (Malaysia, Thailand).
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