Hot in the city

Analysis of next week's climate summit leads the pack of our top stories this week. Something else that's hot? Bonds. We look at why market rates are falling while the US economy is booming. The East-West divide as far as Covid's concerned is the theme of our podcast. And fancy a hard-seltzer? It's the next big thing for the drinks' sector

In this bundle

Sustainability

Pang: Agreement on climate action between the US and China is closer

ING's Chief Economist for Greater China, Iris Pang, on what we can expect at next week's global climate summit. Yes, there'll be…

China

China: forget the super fast GDP growth, focus on chip shortage

High GDP growth in 1Q21 was a mix of base effects and genuine recovery. Without such base effects, China's GDP growth will appear more moderate over…

Opinion

By Padhraic Garvey, CFA

Here’s why US market rates are falling

A US economy littered with super-buoyant readings would typically place upward pressure on market rates. That is clearly not what is happening right now.…

ECB preview: Silence is golden

To use the ECB's language - the risks to next week’s meeting are tilted to the downside, so very little to gain, only to lose. And even if we…

Financial Institutions

Why banks need to pay attention to where a digital euro is heading

The European Central Bank makes clear that the development of its “digital euro” will take several years. Yet given the geopolitical context…

Russia

Russia: Bracing for new sanctions

The US is reportedly about to announce a new round of Russian sanctions that may involve sovereign debt, prompting a negative reaction in the local FX and…

Asia and the great reflation trade in charts

How Asia compares to the rest of the world in its battle against Covid-19 and its race to recovery

Commodities, Food & Agri

Hard seltzer: The spiked water beverage trend that could be the next big thing

During the summer of 2019, when we were still allowed to enjoy summers, the US was overrun by a new hype: hard seltzer - a carbonated, alcoholic and…