SINGAPORE (June 28): Despite the Brexit's limited economic impact on Singapore, DBS Vickers is warning of a potential contagion scenario, where the Brexit triggers a chain reaction among other EU nations demanding to hold their own referendums breaking up the EU.
EU currently accounts for 12% of Singapore's non-oil domestic exports and 31% of foreign direct investment, according to the research house.
DBS Vickers warns that the GBP could fall by another 10% to 20% against the USD in a worst case scenario.
Today Hot Stocks of Singapore Market :
These Stocks are Good in Intra & Contra Trading . . . . .
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EU currently accounts for 12% of Singapore's non-oil domestic exports and 31% of foreign direct investment, according to the research house.
DBS Vickers warns that the GBP could fall by another 10% to 20% against the USD in a worst case scenario.
Today Hot Stocks of Singapore Market :
- Keppel
- Ryobi Kiso
- GLP
- Vard
- QT Vascular
- Stamford Tyres
These Stocks are Good in Intra & Contra Trading . . . . .
More Update : Share Investment Singapore ,Equity Investment Tips ,ShareInvestment Tips ,Stock Picks Providers ,Equities Trading Tips & StockInvestment Singapore . . .
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