Top Gap Ups and Downs on Monday: TSLA, NET, STLA and More
ING Groep Announces 2024 EU Transparency Results
Public opinion survey: South Korea's overall inflation rate in November may rebound.
According to a survey of 13 economists, the overall inflation rate in south korea is likely to rebound in November, but still remains below the central bank's annual target of 2%. The survey indicates that as the impact of a high comparison base gradually fades, the benchmark consumer price index is expected to rise by 1.7% year-on-year, compared to an increase of 1.3% in October. Economists from ing groep stated, "It is expected that the annual inflation rate in south korea will remain below 2% throughout 2025." Due to the stabilization of shenzhen agricultural products and stocks prices and sluggish domestic demand, the index may fall by 0.1% month-on-month in November.
Institutions: Inflation in the eurozone may decline next year.
ING economist Bert Colijn wrote in a report that due to weak demand, inflation in the eurozone may decline next year. In November, consumer prices increased by 2.3% year-on-year, exceeding the European Central Bank's target. However, core inflation (excluding volatile energy prices) remains stable, and with weakening demand in the 20 member currency union, it is expected to decline in the coming months, Colijn stated. 'The labor market is softening, and we expect wage growth to slow next year.'
RBC Capital Reaffirms Their Hold Rating on ING GROEP (0RIC)
Unusual Options Activity: ING, WDAY and Others Attract Market Bets, ING V/OI Ratio Reaches 89.3
