News
FX Daily: Pushing forward into de-escalation trades
1+ day, 23+ hour ago (624+ words) Markets are increasingly pre-empting a positive outcome as the US and Iran prepare for a new round of talks. We still think caution is warranted and the balance of risks for the dollar now looks tilted to the upside. Central…...
Poland's March increase in inflation narrowed to fuel prices
1+ day, 20+ hour ago (484+ words) ING THINK economic and financial analysis | ING THINK Poland's March increase in inflation narrowed to fuel prices The final March CPI reading confirmed the increase in Poland to 3. 0% year-on-year from 2. 1% in February. The increase was limited to more expensive gasoline…...
Eurozone industrial production was sluggish ahead of Middle East war
1+ day, 20+ hour ago (267+ words) ING THINK economic and financial analysis | ING THINK Eurozone industrial production was sluggish ahead of Middle East war We expect more downward pressure on production to emerge for the eurozone Eurozone production ticked up in February, but by just 0. 4% compared…...
Rates Spark: Hard to make high conviction central bank calls
1+ day, 21+ hour ago (505+ words) ING THINK economic and financial analysis | ING THINK Rates Spark: Hard to make high conviction central bank calls The ECB looks unlikely to hike in April, but markets price 25bp by June and at least one more hike later in 2026. While…...
South Korea's solid export growth is offsetting weak domestic demand
2+ day, 2+ hour ago (532+ words) ING THINK economic and financial analysis | ING THINK South Korea's solid export growth is offsetting weak domestic demand South Korea's exporters performed robustly in the first quarter, overcoming rising input costs and supply constraints and offsetting weaker domestic demand. The…...
China's trade surplus plummets as exports slow and imports surge
2+ day, 7+ hour ago (356+ words) China's March trade surplus slowed to just $51. 1bn, a 13-month low, as exports fell more than expected, while imports surged amid rising tech prices. We expect higher energy prices to feed into import prices in the months ahead China's export growth…...
US inflation much more likely to be transitory this time around
6+ day, 18+ hour ago (400+ words) ING THINK economic and financial analysis | ING THINK US inflation much more likely to be transitory this time around Gasoline price hikes prompted a jump in headline inflation, but core pressures were more benign than feared. We have much greater…...
Bank of Korea holds rates steady, stressing outlook is data dependent
6+ day, 13+ hour ago (731+ words) ING THINK economic and financial analysis | ING THINK Bank of Korea holds rates steady, stressing outlook is data dependent The Bank of Korea left its policy rate unchanged at 2. 5% in a unanimous decision. While acknowledging ongoing inflation concerns, the Bo…...
China flashes additional signs of reflation as Iran War impact emerges
1+ week, 4+ hour ago (338+ words) China's consumer price index'inflation moderated to 1. 0% year-on-year amid typical post-Lunar New Year seasonality, but producer prices returned to'positive levels'for the first time since 2022. Energy-related subcomponents show pressures mounting'as higher oil prices start to feed through to the economy Back to…...
Why we think Polish rates will remain unchanged until year-end
1+ week, 15+ hour ago (253+ words) NBP Governor'Adam Glapi'ski has stressed that the current energy shock is smaller in scale than the previous one and does not pose a risk of a significant rise in inflation. This shock is two-sided in that it does boost inflation,…...