Energy
Three scenarios for the global economy and energy prices
The bullish and bearish case for energy prices and what those scenarios would mean for the major economies
Three scenarios for the global economy and energy prices
Last month we set out a series of scenarios for the energy market and the major economies we cover. Since then the renewed collapse in gas prices for immediate delivery, as well as the rapid turnaround in political and market sentiment towards the UK, shows why it makes sense to stress test assumptions and central forecasts. What follows is an overview of what underpins our base case, alongside both an upside and downside scenario for growth, inflation and central bank policy.
Three scenarios for energy prices
Source: Macrobond, ING
Three scenarios for the US economy
Source: Macrobond, ING
Three scenarios for the eurozone economy
Source: Macrobond, ING
Three scenarios for the UK economy
Source: Macrobond, ING
Three scenarios for China's economy
Source: Macrobond, ING
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This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more
This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more