Albert Park, chief economist at ADB, discusses its decision to raise the forecast from 4.9%, but warns that the country’s property sector will continue to be a drag on its economy.
Adrian Orr, governor of the Reserve Bank of New Zealand, says “our expectation is that inflation will continue to decline in New Zealand. Our concern is … whether it will decline fast enough to ensure that inflation expectations remain anchored.”
Kelvin Tay from UBS Wealth Management says the U.S. treasury yields are expected to fall in 2024, which would make Singapore REITs an asset class worth investigating.
Jonathan Garner, chief Asia and emerging market equity strategist at Morgan Stanley, is bullish on Singapore as it’s the “strongest sovereign” in Asia. He says the Singapore dollar is least likely to experience weakening in a challenging macro environment.
Ian Bremmer, president and founder of Eurasia Group, discusses Hamas’ attack on Israel on Saturday and says there’s no “hard evidence” that Iran was behind it.