In FICC (Fixed Income, commodities and Currencies) Research, we offer niche EM expertise, especially in EMEA. We are the go-to bank for Benelux issues, from regulations to rates to a Benelux credit focus. We have developed top notch covered bonds research, and have niche offerings in money markets, rate derivatives and European high yield. We overlay this with a global offering in macro, FX, commodities research and technical analysis. Europe is a key focus for us, but our global sphere extends to the Americas and Asia, in areas where we have selected DM & EM edges. Our analysts provide both written output and conference calls, but also travel the world to provide face-to-face presentations.
ING’s Equity Research team provides in-depth research on over 120 companies in the BeNeLux region, offering both breadth and depth of stock coverage. In addition to investment recommendations, our analysts offer thematic research, proprietary data points. insights into industry trends and unique valuation perspectives. ING’s Equity Research team was ranked the #1 Country Research team in the BeNeLux region in 2017 by the Extel Survey. Next to this, ING is the only bank to have been involved in all the BeNeLux IPOs in 2017. ING has the largest equities team focussed on Benelux listed securities and is the only Benelux broker with sales and research operations in both Amsterdam and Brussels and a sales hub in New York.
The uneventful European Central Bank meeting cemented the euro's position as an attractive funding currency. Those looking and/or hoping for signs of more imminent ECB policy normalisation were clearly disappointed. A stable EUR/USD converging towards the 1.1000 level is likely in the coming weeks and months
With tailwinds of the Phase One trade deal, EM credit has started the year on a strong note. EPFR reported US$5.4bn of inflows in the first two weeks of the year while the J.P. EMBI Global Diversified returned 1% so far this year. Uncertainty related to the coronavirus outbreak has temporarily weighed on risk sentiment but we believe EM credit is set to benefit from the otherwise benign backdrop. In contrast to this, we found lukewarm optimism among investors when we polled the audience at the EMTA Corporate Bond Forum that we hosted on 14 January in our London offices (see the EMTA website fo...
The real-world impact of the failure of politicians to agree on cross-border ‘deals' is becoming obvious. Financial markets don't like it, and investors are shifting into safe havens. With business confidence sagging, pressure is on for politicians to get deals done. Read more in our latest economic update
USD: Payrolls to support the greenback. The ISM reports this week provided contrasting signals about the US economy: the manufacturing sector is now hovering around recession-like levels, but the non-manufacturing gauge sent positive signals. The net impact has, however, been a still aggressive pricing for Fed monetary easing by the markets - 115bp of cuts in the price by end-2020 – and a weaker dollar. Today's release of the unemployment report may however defy part of the dovish expectations and help the greenback recover some of the losses. Our economics team is expecting an above-consensu...
Unfortunately, this report is not available for the investor type or country you selected.Browse all ResearchPool reports
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.