RHB

The forecast was revised upward from 3.2%.

The new measures are aimed at ensuring prudent borrowing and moderating demand.

Experts expect a double-tightening of the Singdollar gradient.

Thanks to the company’s strong order book.

In H2, RHB expects NODX to grow only by 4.0% YoY.

Retail sales growth moderated to 13.7% YoY in July from 14.8% YoY in June. 

Experts expect the S$NEER slope to be raised to 2%.

Analysts now predict 2022 GDP growth to settle at 3.2% YoY from 3.5% YoY.

A further tightening of monetary policy in October is also likely.

In H1, SREITs posted a total acquisition value of $3.6b.

The headline and core inflation climbed to multi-year highs in May 2022.

Analysts predict the full-year retail sales to grow around 9%-10%.

Cooling global trade demand and higher supply costs are the cause of the slowdown.

Crude palm oil prices have increased risks if Indonesia's export ban ends.

The equity market outlook depends on how well stocks deal with these threats.

Forecast suggests that CPO prices will remain elevated for 1H22.