Advertising
Advertising
instagram
Advertising
UK Autumn Budget: Fiscal Credibility, Gilt Risk Premiums, and the Role of Foreign Investors

UK Autumn Budget: Fiscal Credibility, Gilt Risk Premiums, and the Role of Foreign Investors

The UK government's budget announcement will need to show fiscal discipline to satisfy gilt investors, and while our baseline sees enough credibility to nudge the risk premium in gilt yields lower, we are well aware of significant upside risks too. Foreign gilt investors are relatively important and could even gain in importance in the future

Economy | ING Economics
Belgium Pushes Ahead With Fiscal Reforms Amid Mounting Budget Pressures

Belgium Pushes Ahead With Fiscal Reforms Amid Mounting Budget Pressures

The federal government has unveiled a new agreement to finalise the 2026 budget and outline the main direction for economic policy in the coming years. While these steps will help reduce the public deficit, further action will be necessary to stabilise the debt ratio

Stocks | ING Economics
FX Outlook: Geopolitics, Central Bank Moves, and Key Currency Developments

FX Outlook: Geopolitics, Central Bank Moves, and Key Currency Developments

The UK Budget announcement (12.30 GMT) will see markets weigh both fiscal and inflationary implications. Sterling faces moderate downside risks in a non-inflationary, fiscally tight scenario, and severe risks if fiscal sustainability is called into doubt. Elsewhere, the dollar has more potential to depreciate despite yesterday’s correction

Forex | ING Economics
Eurozone Restructurings: Reshoring Remains Limited Despite Supply Chain Risks

Eurozone Restructurings: Reshoring Remains Limited Despite Supply Chain Risks

Global supply chain problems and geopolitical concerns may have triggered debate among businesses about reshoring production closer to home, but the numbers tell us a different story. Reported euro area reshorings have steadily declined after being surpassed by offshorings in 2019, suggesting global supply chains remain deeply integrated

Technology | FXMAG
Stubborn UK Inflation Keeps BoE Split, but December Rate Cut Still in Play

Stubborn UK Inflation Keeps BoE Split, but December Rate Cut Still in Play

UK inflation has peaked, but the latest data is a tad hawkish for the Bank of England. Food inflation was strong, which is red meat for the hawks. Services inflation rose, once volatile items are stripped out. However, we still expect the Bank to cut rates in December

Investing | ING Economics
Bank Indonesia Holds Rates as Rupiah Weakens, but Easing Cycle Still Expected

Bank Indonesia Holds Rates as Rupiah Weakens, but Easing Cycle Still Expected

Bank Indonesia held its policy rate at 4.75% amid inflation pressures and rupiah weakness, but we expect a cut in December to support growth. Risks remain skewed toward delays if currency pressures persist or the Fed postpones easinga

Economy | ING Economics