CIOInsights2Q25: Resilience Amid Tariffs

Embrace a portfolio approach

CIO Asset Allocation

Global • Featured

Asset Allocation 2Q25 – The Age of Disruption

Despite our near-term cautious view on the US, we continue to stay positive on US tech given secular growth tailwinds; seek opportunities in Europe equities and safe haven assets

Global • Featured

Asset Allocation: Navigating Trump’s Beautiful Trade War

Global • Featured

Multi-Asset Weekly: Trump Tariffs Send Shocks Across Markets

Mainland China • Featured

Equity Strategy: Innovating the Future - China's Technological Trajectory (Part 1)

Global • Featured

Asset Allocation: Cross-Asset Strategies for Market Sell-down on Growth & Policy Fears

Equity Strategy

United States • Featured

US Equities 2Q25 – Exceptionalism Challenged

A more defensive tilt necessary amid pursuit of "America First" agenda and policy chaos

Global • Featured

Equity Strategy | Too Early to Call DeepSeek Victory

Global • Featured

Global AI Agents: Prefer Global SaaS and Chinese Hyperscalers

Global • Featured

Equities Weekly: Europe Defence and Aerospace Poised for Growth

Singapore • 11 Apr 2025

DBS Stock Pulse: (1) Global stocks – Pause, not pivot: Staying selective in a fragile trade truce (2) Equity Picks – Remove Sheng Siong

Fixed Income Strategy

Developed Mkts • Featured

Global Rates 2Q25 – Rethinking US Exceptionalism

US growth worries erode the yield premium of US Treasuries over G3 peers while increased military expenditure and persistent inflation worries drive up German and Japanese yields respectively

Global • Featured

Credit Strategy | Soft-Landing Until Proven Otherwise

Global • Featured

Navigating US Elections: An Asian Perspective

Global • Featured

Fixed Income Weekly | Market Relief After Trump's Inauguration May Be Short-Lived

Indonesia • 11 Apr 2025

Indonesia and Philippines markets: BSP cuts, BI to draw a pause

FX Strategy

Global • 11 Apr 2025

DXY’s fall near full-retracement, EUR’s relief rally likely overdone

Turning careful on DXY’s fall and EUR’s rise

Global • 9 Apr 2025

More tensions, more backlash, more volatility

Global • 8 Apr 2025

Some respite as attention turns to trade negotiations

Global • 3 Apr 2025

The die is cast on global trade

Global • 2 Apr 2025

Markets brace for tariff poker

Alternatives

Global • Featured

Gold 2Q25 – A Glittering Haven

Structural bull market for gold as uncertainty under Trump 2.0 buoys short-term demand while de-dollarisation and higher global nominal GDP growth act as longer-term tailwinds

Global • Featured

Private Assets 2Q25 – Anchor in the Storm

Global • Featured

Alternatives - Private Assets | The Stability of Private Equity Amid Uncertainty

Global • Featured

Alternatives | Gold – Global Uncertainties Push Gold to New Highs

Global • 28 Feb 2025

Alternatives | Fate of Digital Gold in the Hands of Physical Gold

Commodities

Global • Featured

Commodities 2Q25 – Good Start to the Year

Commodities surprise with positive YTD flows and recover lost ground

Global • Featured

Global Oil & Gas: Dawn of New Era for US Shale Oil

Global • Featured

Commodities: A Closer Look at the Dynamics of Investing

Global • 27 Dec 2024

Commodities 1Q25 – Still Waiting

Global • 15 Oct 2024

Commodities 4Q24: Stay Selective

Global Economics

Global • 11 Apr 2025

Tariff Relief For All But China

Global • 4 Apr 2025

Tariff Shock

Global • 28 Mar 2025

Tariff Pains

Global • 21 Mar 2025

Worsening Growth Momentum Ahead

Research Updates

United States • 11 Apr 2025

Moderna Inc

Asia ex-Japan • 11 Apr 2025

China Resources Land

Asia ex-Japan • 11 Apr 2025

Fortune REIT

Europe • 11 Apr 2025

Allianz

Asia ex-Japan • 11 Apr 2025

Sino Land