ING Economic and Financial Analysis

Taiwan continues to suffer from the yearly contraction in export orders even though smartphone sales have been better than expectedTaiwan export orders contracted by 4.9% year on year in September...

China made no changes to its benchmark rate, surprising many. Questions are being asked as to whether it will end the Reserve Requirement Ratio cut cycle in 4Q19China skipped interest rate cut The...

Whether it’s Mario Draghi’s big farewell or the ongoing Brexit rollercoaster, the final pre-Fed data out of the US or Scandi central banks, there’s plenty to look out for in the...

China's economy grew at the target rate of 6% in the third quarter, and despite uncertainty over the trade war, we are raising our forecast for fourth quarter growthThe perfect 6 GDP grew by 6% in the...

Given the recent wobbles experienced by the Indonesia rupiah, we expect the central bank to stay put next week, but China's central bank might cut its revamped loan prime ratePeople's Bank of China...

The growth in Chinese credit tells us that the government has continued to issue local government bonds to finance infrastructure projects to support growth in 3Q19. How long will this debt piling...

September trade data reflects increasing damage from the trade war. Will this change after the trade talks? And what about the yuan?China trade as bad as expected China's exports were down 3.2%...

It's crunch time for the UK and EU but we still believe a Brexit deal is unlikely. Elsewhere, further US data should provide more clues about the possibility of a Fed rate cutFour key Brexit questions...

Next week's data should confirm some weakness in the US and Canada - and could give us more insight into future rate cuts from both central banks. Also, there's more Brexit news on the way though we...

The new North America trade agreement is still awaiting ratification in the US and Canada. The IMF estimates that Canada will reap most of the benefits, which suggests the ratification will ultimately...

With Mario Draghi's time as ECB President approaching an end, it is time to reflect on his tenure. Communication is always key for central bankers, but for Draghi, his speeches will likely be...

Both key ISM surveys are pointing to a major slowdown in US growth rates. We are forecasting US GDP growth of 1.3% for 2020 versus a consensus estimate of 1.8% with the clear implication that the...

The ISM manufacturing index has dropped to a 10-year low as trade worries, weak global growth and a strong dollar weigh on the sector. Given the threat of contagion to other parts of the economy...

Lower inflation is bad news for the ECB but good news for the German economy Further slowdown. German headline inflation is losing more momentum and seems to be on its way to what European Central...

Expect UK PMIs to follow the global downtrend in the coming week while investors will be eyeing eurozone data to assess strength in the service sector. In the U.S., the September employment report is...