ING’s 2021 Outlook

What a year! As this wild and turbulent year draws to a close, we look back and focus on what to expect beyond lockdowns, the virus and the vaccine in 2021.

In this topic

Report Energy

Sustainability

Energy Outlook 2021

The pandemic reduced energy demand in 2020, but the energy markets will bounce back in 2021 as the global economy recovers

EM Credit Outlook: Risky Business

Report Commodities, Food & Agri

Commodities Outlook 2021: Let the good times roll

The coronavirus crisis wreaked havoc across the commodities complex in 2020. However, we're already seeing a remarkable recovery which began in the…

Report FX

2021 FX Outlook: Back on Track

2021 will be the year that FX markets get back on track, as the gravitational pull of the dollar fades. We forecast the dollar to broadly decline in 2021…

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Report Rates

Rates Outlook 2021: Money for nothing

Our outlook for rates in 2021 is relatively optimistic. That said, there are numerous drags that will contain those market rates. A large debt overhang is…

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Report

Global Macro Outlook 2021: The darkness before the dawn

What a year! As this wild and turbulent year draws to a close, we look back on how Covid-19 has sent the global economy into the worst slump in a century…

, and 6 others

Report Credit

Financial Institutions

Banks Outlook 2021

The pandemic brought banks a renewed sense of purpose in 2020: providing liquidity to the real economy. Helped along by accommodative monetary and…

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THINK vision

James Smith: The UK and Brexit in 2021

Padhraic Garvey: Rates in 2021 (1)

Carsten Brzeski on 2021 (2)

Joanna Konings: Trade in 2021 (3)

Rob Carnell: Asia in 2021 (4)

Iris Pang: China in 2021 (5)

James Knightley: The US in 2021 (6)

Rates

United Kingdom

Bank of England: Four scenarios for the November meeting

Thursday's Bank of England meeting has become a close call, and we now narrowly favour a 50bp rate hike. That would be a surprise for markets, sending…

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Sweden