ING Think
ING Think

ING Think

Economic and financial analysis from ING’s global team of economists and strategists.

Latest articles from ING Think

Asia week ahead: Where is the inflation?

Aside from India and the Philippines, there is literally no inflation in the region - and a raft of March price data should make this point. The hike in fuel prices and the low base effects are working together to pressure inflation upwards in some c...
ING Think
ING Think 16 April 2021
Asia week ahead: Where is the inflation?
Asia week ahead: Where is the inflation?

G10 FX Week Ahead: All quiet on the Western Front

SpotWeek ahead biasRange next week1 month targetDXY91.5730Mildly Bearish91.3000 - 92.000091.0000The softening in US Treasury yields has been the big surprise and has pulled some of the tailwinds away from the dollar. Here our team sees the ECB doing ...
ING Think
ING Think 16 April 2021
G10 FX Week Ahead: All quiet on the Western Front
G10 FX Week Ahead: All quiet on the Western Front

Key events in EMEA next week

Next week will be packed with hard macro data releases from Poland. On Wednesday we will see figures from the corporate sector. This is partly due to the need to fill the gaps left by workers in quarantine. In our view, wage growth accelerated slight...
ING Think
ING Think 16 April 2021
Key events in EMEA next week
Key events in EMEA next week

Key events in developed markets next week

The eurozone focus will be on the ECB next week. The data calendar is fairly light in the US next week so we will be following the progress of Joe Biden’s infrastructure plan. In Canada, we will see a big jump in annual inflation, which follows on fr...
ING Think
ING Think 16 April 2021
Key events in developed markets next week
Key events in developed markets next week

Default rates: Higher for longer

We're getting mixed signals in terms of default rates expectations, as rating agencies are taking a more optimistic approach, while we expect default rates to stay elevated for longer. As it stands, the European speculative-grade default rates are be...
ING Think
ING Think 16 April 2021
Default rates: Higher for longer
Default rates: Higher for longer

ECB preview: Silence is golden

After all the excitement ahead of the March meeting and speculation about how the European Central Bank would react to higher inflation rates and bond yields, it took a while for the ECB to communicate its reaction function. The ECB should try to bri...
ING Think
ING Think 16 April 2021
ECB preview: Silence is golden
ECB preview: Silence is golden