Goldman Sachs Upgrades ING to Buy, Raises PT

MT NewswiresMar 27 20:20

Analyst: The British Pound rose after the budget announcement, but the fiscal plan may not be bullish.

Chris Turner, an Analyst at ING, pointed out in a report that the British Pound slightly rose after the UK's budget announcement on Wednesday, but the budget itself had limited impact on the pound. On that day, the pound fell against the dollar mainly due to UK inflation data falling short of expectations and news of increased tariffs on auto imports in the USA. Turner believes that although the UK fiscal spending plan helped the pound 'avoid disaster,' the proposal may not constitute a substantial Bullish signal. ING predicts that the UK may raise taxes by the end of the year, suggesting that the market's current expectations for a rate cut by the Bank of England this year may be underestimated. According to FactSet data, the British Pound is rising against the dollar.

Global Market ReportMar 27 17:19

Express News | ING Groep: The related curves of government Bonds in the Eurozone seem to maintain a tendency to steepen, and the spreads seem stable.

BreakingsMar 27 15:34

Positive Report for ING GROEP (0RIC) From Goldman Sachs

TipRanksMar 27 14:15

ING Groep To Go Ex-Dividend On April 25th, 2025 With 0.76779 USD Dividend Per Share

March 26th (Eastern Time) - $ING Groep(ING.US)$ is trading ex-dividend on April 25th, 2025.Shareholders of record on April 25th, 2025 will receive 0.76779 USD dividend per share on May 9th, 2025.

Futu NewsMar 27 08:40

New York forex market: the US dollar rises as the White House plans to announce Autos tariffs.

On Wednesday in New York, the dollar rose against all G-10 currencies due to reports that President Trump would announce auto tariffs on the same day. Data showed that inflation in the United Kingdom unexpectedly eased in February, leading to a further decline in the British Pound. The Bloomberg Dollar Spot Index increased by 0.3%, reaching its highest level since early March. The White House confirmed that Trump would announce auto tariffs on Wednesday. Earlier, Trump suggested that obtaining tariff exemptions might not be easy and indicated he could implement Copper tariffs within weeks. Chris Turner, the market leader at ING, wrote that the upcoming tariff policy from the USA should be placed within "any 'Mar-a-Lago' style global trade.

Global Market Report.Mar 27 04:14