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Jan 17, 2025 | 
seekingalpha.com | ING Economic
Jan. 17, 2025 5:40 AM ET, , , , , , , , , , , , , , , SummaryThe rapid expansion of data centres, fueled by digitalisation and the adoption of artificial intelligence, is poised to supercharge power demand growth, posing major energy challenges for the new administration. Despite the mounting momentum in advanced nuclear technologies, new capacity is not expected to come online until late this decade at the earliest.
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Jan 17, 2025 | 
investing.com | ING Economic
Markets may tread carefully today ahead of Monday’s inauguration of President Trump. There are lingering concerns about the “day one” measures, some of which are priced in, which could generate some volatility early next week.
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Jan 17, 2025 | 
investing.com | ING Economic
prices edged lower yesterday despite mounting supply risks related to sanctionsEnergy – Large US Natural Gas Storage DeclineOil prices traded weaker yesterday with ICE falling back below US$82/bbl. From a technical point of view, the market is in overbought territory and so overdue a correction. However, mounting supply risks continue to provide broad support to oil prices.
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Jan 17, 2025 | 
seekingalpha.com | ING Economic
Jan. 17, 2025 2:30 AM ET, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , SummaryChina's 2024 GDP grew by 5.0%, completing the year's growth target of 'around 5%' as monthly activity improved. We continue to see stabilising property prices as one of the top priorities moving forward. China's efforts toward a green energy transition can also be seen in the breakdown of data on energy generation.
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Jan 17, 2025 | 
seekingalpha.com | ING Economic
Jan. 17, 2025 12:20 AM ET, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , SummaryThe market remains in a mood to test the downside for yields (10yr now at sub-4.6%), sparked by the run of lower-than-expected core PPI and CPI data, and sustained in a sense by weaker-than-expected retail sales.
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Jan 16, 2025 | 
seekingalpha.com | ING Economic
Jan. 16, 2025 8:55 AM ET, , , , , , , , , , , , , , , , , , , , , , , , , , SummaryThe ECB’s December meeting minutes offered some interesting insights on the debate over the size of the rate cut (25bp vs. 50bp). Doubts about the eurozone economy and increasing concerns about inflation undershooting support the ECB's easing bias. Another 25bp rate cut at the upcoming meeting looks likely.
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Jan 16, 2025 | 
seekingalpha.com | ING Economic
Jan. 16, 2025 8:00 AM ET, , , SummaryTelecom companies have a good track record with automating services. AI offers an opening for automating customer service, as well as new opportunities for capex optimisation. In addition to cost-saving possibilities, there could be also opportunities for telecoms on the revenue side. By Diederik Stadig & Jan Frederik Slijkerman A multitude of applications Recent artificial intelligence (AI) developments have jumpstarted change in many sectors of the economy.
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Jan 16, 2025 | 
seekingalpha.com | ING Economic
Jan. 16, 2025 7:25 AM ET, , , , , , , , , , , , , , , SummaryAfter an eventful 2024, we aren't expecting an overly transformative year ahead for M&A in the telecom space. We also don't foresee the creation of a pan-European telecom operator despite recommendations along these lines in the Draghi report. Still, look out for a number of smaller transactions, involving private equity, tower companies, and fibre assets.
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Jan 16, 2025 | 
seekingalpha.com | ING Economic
Jan. 16, 2025 5:20 AM ET, , SummaryAfter two consecutive rate cuts in the fourth quarter of last year, the Bank of Korea opted for a wait-and-see stance today. Instead, the BoK expanded its special lending programme for small and medium-sized enterprises, which require the most policy support. We expect further easing soon as the economy struggles with slowing domestic growth.
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Jan 16, 2025 | 
investing.com | ING Economic
Besides expecting another round of positive US activity data, today’s FX focus will be on the Senate confirmation hearing of Scott Bessent, Trump’s nominee for US Treasury Secretary. He will be questioned about the , tariffs, and the upcoming fiscal agenda. We don’t think he’ll disrupt the strong dollar stance just yet.
