COP26: 'Pitifully inadequate' or 'truly historic'?
It's fair to say the COP26 climate agreement in Glasgow has received a mixed response. While UK Prime Minister Boris Johnson hailed the deal as "truly historic" and a "game changer" for the planet, climate activists have called it an abject failure, with former Extinction Rebellion spokesperson Rupert Read describing the outcome as "stunningly, pitifully, entirely inadequate". In this podcast, ING's Samuel Abettan and Coco Zhang say the truth lies somewhere in between.
16 Nov 202112min
A time to taper
To everything there is a season. And for the US Federal Reserve, this is a time to taper. But how significant is the move, when will interest rates rise, and are markets pricing this correctly? In this podcast, ING's Chief International Economist James Knightley provides some answers.
4 Nov 202113min
The UK's twin tightening gamble
Chancellor Rishi Sunak says the UK economy is recovering faster than its major competitors and public finances are stabilising. Economic growth for this year has been revised up to 6.5% from 4% in March. But taxes are going up, too, with the tax burden set to rise to the highest level in 70 years. At the same time, markets expect the Bank of England to embark on a series of interest rate hikes, starting next week. With signs that the economy may be starting to lose momentum though, is it too much too soon? ING's Developed Markets Economist James Smith takes a look.
28 Okt 202117min
What the Fed taper means for global FX markets
Financial markets have brushed off the Federal Reserve's hawkish shift, as well as a liquidity crisis at Chinese property developer, Evergrande. In this podcast, ING's Global Head of Markets, Chris Turner, explains why and what it means for global currencies.
23 Sep 20219min
What Europe's inflation angst means for bonds
Inflation risks are rising in Europe. But will the region's bond markets take note? European Central Bank member Isabel Schnabel said in a speech this week that while much of the recent rise in prices is transitory, the mood in financial markets is changing and there are growing signs that supply disruptions and commodity shortages may be more prolonged than first thought. In this podcast, ING's Antoine Bouvet shares his thoughts.
16 Sep 202112min
The cost and credibility of Asia's climate goals
Asia emits half the world's carbon dioxide. But ahead of the COP26 climate change talks in November, only a handful of Asian countries have made firm commitments to achieving a net-zero carbon future. And getting there will be a monumental challenge. In this podcast, ING's Rob Carnell explains why.
10 Sep 202117min
What China's sweeping socialist reforms mean for the economy
China cracked down on the online gaming industry this week, the latest in a series of policies aimed at strengthening the public sector and reining in private enterprise. But the reforms could bring short-term economic pain at a time when China is already struggling with the Covid pandemic, chip shortages and widespread flooding, as ING's Iris Pang explains in this podcast.
2 Sep 202111min
What France's health pass really means for the economy
France's Covid health pass will be extended next week to a wider range of public venues including cafes and restaurants, as the government doubles down on efforts to contain a fourth wave of infections. In this podcast, ING's Samuel Abettan looks at the economic implications of the new measures and what they could mean for French President Emmanuel Macron.
6 Aug 202113min
