ING Economic and Financial Analysis

The jam-packed week ahead for developed markets, but with no end in sight for the US government shutdown and a Federal Reserve likely to hit the brakes, our main focus turns towards Eurozone data -...

The German Ifo takes another nosedive, boding ill for any quick rebound of the German economyGermany's most prominent leading indicator, the Ifo index, plunged in January, adding to the latest growth...

Jam-packed week ahead for developed markets, but with no end in sight for the US government shutdown and a Federal Reserve likely to hit the brakes, our main focus turns towards Eurozone data -...

Amidst the government shutdown, third-party housing numbers are one of the few data sets we are still receiving. Existing home sales offer further warning signals, but elsewhere, we may be seeing...

Thursday’s ECB meeting will probably be low on action but high on controversial debates and challenging questions.With only a few signs of a bottoming out of the recent loss of momentum,...

China GDP grew 6.4%YoY in 4Q18 and 6.6% for the full year 2018. The details show that the infrastructure investment is shaping up to be the engine for 2019. However, non-infrastructure business...

Brexit still a hot topic as 'Plan B' will be delivered to UK parliament on Monday, but don't expect things to fire up in the US as the government shutdown is set to continue. Norges Bank meets on...

We see oil prices trending higher in 2019, with the view that OPEC+ cuts are sufficient to return the market to balance over 1H19. Meanwhile, the current price environment offers little incentive to...

Theresa May’s government faces a battle for survival on Wednesday, although all signs point a no-confidence vote failing to gain enough support amongst MPs. That would switch focus back to the...

The German economy had its weakest performance in five years, but it seems to have avoided a technical recession.A Weak PerformanceThe German economy had its weakest performance in five years in 2018,...

The German economy had its weakest performance in five years but seems to have avoided a technical recessionA weak performanceThe German economy had its weakest performance in five years in 2018,...

The undervalued pound still has a bumpy ride before its eventual recovery. We look at various Brexit scenarios and sterling's possible reaction. Reasons behind an Article 50 extension matter dearly...

China's exports and imports contracted in December 2018. This is likely to continue into 2019 due to falling foreign demand, including demand for Chinese-made electronic products.Shrinking exports and...

US headline inflation was depressed by the plunge in energy prices, but we should be focusing on the core rate, which will be pushed higher by rising labour costs in the months aheadGoods versus...

Multiple Fed speakers next week will likely signal a pause in the tightening cycle while remaining upbeat about the economic outlook. To fire things up, we also have a heavy political week in both the...

China's PPI inflation was down to 0.9%YoY in December from 2.7%YoY previously. Apart from low energy prices, we find that some manufacturing sectors also exhibited very low PPI inflation, including...