ING Economic and Financial Analysis

Interest rates have moved higher around the world as equity markets rally on a sense of optimism. The biggest factor behind that this week has probably been the US-Japan trade deal and the sense that...

Oil prices edged higher yesterday amid optimism over trade talks. This optimism is offsetting expectations of supply increases from Venezuela Energy- Venezuelan Oil Supply Set to Increase Oil prices...

The composite PMI increased from 50.6 to 51 in July. With uncertainty all around, an economy showing slight growth, increasing employment and weak inflation sounds surprisingly benign It’s really...

A US-EU deal is reportedly imminent and should follow the US-Japan 15% tariff blueprint. The ECB should anyway tread carefully and offer no new guidance, but comments about the euro’s strength can be...

We're not convinced the US Federal Reserve will definitely cut rates in September. inflation is picking up, and that's just one problem facing the US dollar. ING's Chris Turner tells us what he's...

European markets have opened to news of a US-Japan trade deal. Equity markets globally are rallying on the view that deals reduce uncertainty. The Japanese yen, however, is less certain of what this...

Oil prices edged lower yesterday as tariff concerns linger with the 1 August deadline fast approaching Energy – Oil Surplus and Timespreads Oil prices edged lower yesterday with ICE Brent settling...

We expect a hold by the ECB on Thursday, but there are risks of a modest dovish tilt given tariff uncertainty and the euro’s recent strength. Ultimately, Fed decisions will drive EUR/USD more than...

Global uncertainty hasn't affected loan demand or credit standards too much in the second quarter, which means that the outlook for investment is not currently deteriorating. Then again, this still...

Markets’ defiant approach to tariff news will be tested in the coming days as the risk of no trade deals before the 1 August deadline rises. The consensus view is probably that the dollar can lose...

We would not read too much into the marginal strengthening of the Japanese yen after Sunday's Upper House election result in Japan. Uncertainty is clearly on the rise here. For the week ahead, we...

Oil prices showed little reaction to the EU’s latest sanction package against Russia. However, it could lead to further tightening in the European middle distillates market Energy – Further EU...

Central banks just love to cut rates in gradual, 25 basis-point chunks, don't they? Nobody knows why. And frankly, it doesn’t always make much sense, writes James Smith. Should the ECB cut rates next...

Retail sales and jobless claims were better than expected yesterday, offering more support for a hawkish rethink of Federal Reserve rate cuts. We expect the residual 14bp priced in for September to...

Firmer retail sales and subdued jobless claims numbers suggest the Fed will keep rates on hold for now as officials assess the impact of tariffs on inflation June Retail Sales Gains Amidst Consumer...

Oil prices firmed yesterday despite a recovery in the US Dollar amid waning concern that President Donald Trump may remove Federal Reserve Chairman Jerome Powell from his position. Some fairly...