ING Economic and Financial Analysis

Trade worries are not abating and the economy is starting to feel the strain. The Federal Reserve is preparing for a change of course and we now look for 50bp of rate cuts in 2H19 Plotting a new...

At last week’s meeting in Vilnius, ECB president Mario Draghi sent a strong signal that the ECB was only one small economic slip away from new stimulus. But what could the ECB still do?It was...

Softer US consumer price inflation data will only fuel the market clamour for interest rate cuts.Headline inflation rose 0.1% month-on-month in May, leaving the annual rate of CPI at 1.8%...

China’s credit growth, including loan growth, was softer than expected. Shadow banking activities shrank, which implies funding for infrastructure projects mainly came through local government...

Disappointing April data from industrial production and trade suggest that the latest ECB’s dovishness is justifiedGerman industry had a disappointing start to the second quarter. Both...

Dovishness all over. With Thursday’s meeting, the European Central Bank is, in our view, only a small economic slip away from a rate cutAt its meeting in Vilnius, the ECB yesterday clearly tried...

The European central bank extends forward guidance on rates and announces details of the third series of TLTROsRemember that former European central bank president Wim Duisenberg always said that...

First industrial data for the second quarter keeps the hope of a gradual industrial recovery alive. Industrial orders were up by 0.3% MoM in April, increasing for the second month in a row from an...

China's manufacturing PMI fell from last month's expansion to contraction. Will this become a trend? Is this a result of the trade or technology war? What role does infrastructure play in...

Your daily roundup of commodity news and ING viewsEnergyU.S. inventories: The API is set to release its weekly U.S. inventory report later today, with the market expecting that U.S. crude oil...

China industrial profits fell in April. Details show that industries that showed falling profits are those experiencing structural changes, including from the technology war. Stimulus measures will...

The results of the double election day could bring new tensions in the federal government but should not destabilize the economy.Big and small. All Germans older than 18 years of age had the chance to...

The US manufacturing sector appears to be feeling the strain of President Trump’s efforts to level the playing field on trade.How resilient is the US economy?President Trump has talked of the US...

Strong growth, dropping Ifo and increasing PMI. How to read the latest data cacophony out of GermanyA morning with fresh hard and soft economic data from Germany once again shows that it currently...

Japan and Europe seem to be standing with the U.S. to prevent the rise of Chinese technology. But China could retaliate in ways that could prove very damagingU.S. adds allies to curb China's tech...

Elections to the European parliament take place over the next four days. Concerns are high that the centre ground continues to fragment and that populists succeed in sufficient numbers to derail...