interest rate hikes

Emerging markets debt yields at levels that rival forward expectations for equities in 2019
SINGAPORE (Jan 10): Yields on USD emerging market debts are reaching 7% for major indices, and as emerging markets enter 2019, it is expected to recover from the negative effects of a stronger USD and outsized US growth, according to a Schroders TalkingPoint report for January. These effects shifted liquidity away from the asset class, similar to the 2014-2016 period when the Fed first began ...
Goldman Sachs sees five more Fed rate hikes through end of 2019
(Oct 19): Goldman Sachs economists on Thursday said the firm remained “comfortable” with its call for five more interest rate hikes — two more than priced in financial markets — through the end of 2019. In a note to clients, Goldman said it feels the Federal Reserve needs to generate a significant tightening in financial conditions to slow the economy to its potential growth pace ...
It's Asia's turn as worst hit emerging markets set to hike rates
(Sept 26): For the most hawkish central banks in Asia, Thursday’s choice is less about whether to raise interest rates than by how much. After Turkey and Russia surprised with strong policy action this month, the focus shifts to Indonesia and the Philippines this week as emerging markets struggle to contain a rout in their currencies. Pressure is building with the US Federal Reserve expected ...
Global economic growth is expected to rise, but it might not bode well for investors
SINGAPORE (Apr 4): Schroders is raising its global growth forecasts for the next two years on the back of buoyant economic activity, but warns of uncertainty for investors amid a corresponding rise in interest rates. “Donald Trump’s plan to boost the US government’s spending by $300 billion has added fuel to a US and global economy already firing on all cylinders,” says Keith Wade, ...
Will office property rents bottom in 2017?
SINGAPORE (March 24): The prospect of interest rate hikes by the Fed used to spark panic among investors. This was due to the widely-held view that a receding tide of liquidity would spark a selloff in Asian assets that had been pumped up by years of ultra-loose monetary policy in developed economies. Now, it seems that growth is not only recovering in the US but across much of the world. And, ...
Yellen sees more rate hikes ahead if economy stays on course
(Feb 14): Federal Reserve Chair Janet Yellen said more interest-rate increases will be appropriate if the US economy meets the central bank’s outlook of gradually rising inflation and tightening labor markets. “At our upcoming meetings, the committee will evaluate whether employment and inflation are continuing to evolve in line with these expectations, in which case a further adjustment ...
Banking on banks as the Trump card?
SINGAPORE (Jan 20): Daiwa Capital Markets says banking on Singapore banks could be investors’ best play amid global market jitters as Donald Trump begins his presidency on Jan 20. “Donald Trump’s trade and economic policies are the key external factor that could drive the direction of the Singapore stock market over the coming year,” says Daiwa lead analyst Ramakrishna Maruvada in a ...
One REIT to benefit from a rebounding US economy
SINGAPORE (Nov 23): RHB Singapore is initiating coverage on Manulife US REIT with a "buy” recommendation with a target price of 96 US cents ($1.37). As the first and only listed US office REIT in Asia, Manulife US REIT’s portfolio comprises three US freehold office properties with a total value of about US$813.2 million. “We believe Manulife US REIT offers a compelling value ...
Fed minutes suggest rate hikes on hold until Brexit impact clearer
WASHINGTON (July 7): Federal Reserve policymakers decided in June that interest rate hikes should stay on hold until they have a handle on the consequences of Britain's vote on EU membership, according to the minutes of the Fed's June policy meeting released on Wednesday. The minutes of the June 14-15 meeting, which took place ahead of the June 23 referendum in which Britons voted to leave the ...