No..DBS could very well post a

No..DBS could very well post a solid, respectable report but that might not be enough to carry past $60. Not when war is stalled and the spillover effect is not fully known or materialised yet. the mood likely remain cautious. Further pressure of NIM is real and a focus. profit-taking at $60 more likely rather than a clean break above

DBS Earnings: Will Safe Haven Demand Support NII?

DBS will fire the first shot on April 30, followed by $UOB(U11.SI)$ (May 7) and $OCBC Bank(O39.SI)$ (May 8). Singapore’s three local lenders – DBS, OCBC and UOB – could see first-quarter net interest income supported by safe-haven deposit inflows linked to the ongoing Middle East war, analysts said. How do you expect DBS earnings? Can DBS sprint to 60 this time?

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