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ING Bank’s research highlights a global macroeconomic environment defined by the tension between robust export growth and persistent energy-driven inflationary pressures across Europe and Asia. In Central and Eastern Europe, the bank emphasizes that economic resilience to energy shocks is increasingly dependent on policy capacity—specifically fiscal room and monetary flexibility—rather than simple energy import volumes. While the Czech Republic is positioned as a regional benchmark for stability, countries like Turkey and Hungary are navigating more difficult trade-offs as central banks adopt hawkish stances to combat resurfacing inflation risks. Parallel trends are observed in Asia, where a semiconductor and AI-driven export boom in South Korea is being weighed against imported energy costs that threaten inflation targets in Taiwan. Regarding monetary policy, ING notes a significant reprieve in Poland, where easing CPI to 3.1% is expected to keep the Monetary Policy Council on a wait-and-see path with stable interest rates through 2026. Collectively, the research suggests a strategic shift by governments toward targeted energy investments and cautious monetary management to maintain stability amidst structural global shifts.

27 reports available

FX Daily thumbnail

FX Daily

ING Bank N.V.·Jun 12, 2026

Markets are reacting to potential de-escalation in US-Iran relations, though ING remains cautious given inflationary pressures and impending FOMC policy developments. The USD is expected to remain resilient.

FX Daily thumbnail

FX Daily

ING Bank N.V.·Jun 8, 2026

The US dollar is rallying on the back of aggressive Fed tightening expectations and a broader risk-off move in tech equities. Investors are liquidating positions to prepare for significant upcoming IPO supply.

Czech National Bank Preview thumbnail

Czech National Bank Preview

ING Bank N.V.·Jun 12, 2026

The Czech National Bank is expected to hike interest rates in June due to persistent core inflation and hawkish communication. This comes despite ING's view that the economy does not currently require tighter policy.

The Commodities Feed thumbnail

The Commodities Feed

ING Bank N.V.·Jun 11, 2026

Oil prices have rallied following renewed US-Iran tensions, while gold prices have declined due to firmer US Treasury yields. Markets remain focused on upcoming USDA agricultural reports and US Federal Reserve policy signals.

Airbnb Only Part Of Belgium's Housing Affordability Problem thumbnail

Airbnb Only Part Of Belgium's Housing Affordability Problem

ING Bank N.V.·Jun 12, 2026

While short-term rentals like Airbnb exacerbate housing supply shortages in Belgian cities, the core of the affordability crisis lies in structural issues like low construction rates and supply-demand mismatches. Effective solutions must go beyond regulating platforms to address these underlying construction and investment constraints.

German Industrial Production thumbnail

German Industrial Production

ING Bank N.V.·Jun 9, 2026

German industrial production rose slightly in April by 0.4% but remains stagnant compared to the broader trend. Persistent economic challenges and supply chain concerns have stalled hopes for an industrial recovery in 2026.

China's Reflation Trend Continues To Solidify

ING Bank N.V.·Jun 10, 2026

Shift In Power Opens A New Chapter For Hungary

ING Bank N.V.·Jun 9, 2026

The Commodities Feed

ING Bank N.V.·Jun 12, 2026

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