410 structured institutional reports.
ING THINK sees Poland's 2027 budget as having mixed implications for the bond market: while headline borrowing needs look encouraging, fiscal consolidation delays, a high deficit, and potential supply pressures from quasi-sovereign issuers could weigh on…
ING highlights divergent dynamics across the yield curve: while front-end rates remain anchored by hawkish central bank pricing, long-end yields face upward pressure from fiscal deficits, supply concerns, and tech-driven growth expectations, with US…
Citi's Markets Edition podcast discusses the impact of AI-related debt issuance on investment-grade credit markets and the implications for equity investors. The conversation highlights the significant scale of AI financing, potential strains in credit…
OCBC Research notes a hawkish rate repricing causing bear flattening in credit markets, favoring quality high-yield (HY) over duration-heavy investment-grade (IG) bonds. Carry is preferred over spread compression due to tight valuations. Banks benefit from…
Follow our podcasts by searching ‘ OCBC Research Insights ’ on Telegram! 1 By Global Markets | 1 September 2026 Research Monitor (September) Key Themes 1. “Time and tide waits for no man” according to Chaucer. August was again characterised by a…
Scotiabank Economics reports that Chile's monthly GDP fell 1.5% y/y in July, raising the risk of a third consecutive quarterly contraction in Q3-26, a scenario not seen since 2009. The Central Bank is expected to significantly lower its 2026 GDP forecast. In…
SMBC's US Rates Strategy report explores the use of AI and large language models in analyzing and simulating FOMC meetings. It finds that while AI like ChatGPT can accurately classify the hawkishness of Fed commentary, simulating FOMC deliberations is less…
This paper by AQR examines how widely used portfolio carbon metrics such as carbon footprint and carbon intensity can improve due to rising equity valuations even when company emissions stay flat, and argues that financed emissions offer a more direct link to…
RBC Economics expects Canada's housing market to recover gradually in 2026-2027, with national resales and prices declining in 2026 before growing in 2027, while regional differences and risks remain.
UBS CIO expects elevated bond yield volatility near term, with 30-year and 10-year US Treasury yields ending 2025 at 5% and 4.5% respectively. However, shorter-dated government bond yields should decline, supporting a preference for short- to…
ING THINK reports that the Czech manufacturing PMI rose to 54.1 in August, driven by strong output, new orders, and renewed employment growth, signaling a robust expansion. However, the Czech government's proposed 2027 deficit of CZK389bn exceeds the level…
ING Think's analysis of August US economic data highlights a robust manufacturing sector driven by tech investment, yet a subdued jobs market with low wage pressure. The ISM manufacturing index at 54.6 signals ongoing expansion, but employment remains weak,…
Saxo Bank's September 2026 report highlights a collision between rising commodity prices and higher interest rates. Energy and agricultural commodities are driving inflation up, while gold and silver face headwinds from tighter monetary conditions. Industrial…
ING expects Italian GDP to expand by 0.2% in Q3 2026, similar to Q2, supported by domestic demand but with risks from energy-driven inflation. They maintain 2026 average GDP growth at 0.9% and average inflation at 2.7%.
ING Think revises Hungary's 2026 GDP growth forecast to 1.7%, citing consumption as the main driver while investment remains weak due to project suspensions and demographic headwinds. Growth is expected to accelerate to around 3.0% in 2027-2028, but long-term…
Man Institute's proprietary MacroScope model finds current market conditions most resemble May 1997 (pre-Asian crisis) and February 2013 (pre-taper tantrum), implying a fragile equilibrium where widely known risks are not yet disruptive. The firm adopts…
ING Think reports that Dutch headline inflation fell to 2.8% y/y in August, driven by easing services and food inflation, but energy inflation accelerated to double digits. The report cautions that this decline is temporary, with upside risks from energy…
Headline eurozone inflation rose to 3.3% in August, the highest since the start of the Middle East war, driven by energy prices, while core inflation fell back to 2.4%, indicating limited pass-through. The ECB may hike in September, but the benign core rate…
Amundi expects France's GDP to grow modestly at 0.6% in 2026 and around 1.0% in 2027, with inflation easing to 1.7% by Q4 2027. The fiscal position is under scrutiny, with debt at 118% of GDP and a deficit of 5.1%. The 2027 budget is pivotal; credible…
The dollar is struggling to hold gains despite hawkish Fed expectations, with long-end Treasury yields and the debasement trade weighing on it. However, ING expects hawkish Fed repricing to support USD this week, with DXY potentially reclaiming 100.0. EUR/USD…