ING Economic and Financial Analysis

The key data release this Friday is US GDP but there are still ramifications from yesterday's ECB meeting that could influence FX markets.EUR: A benign S&P Italy ratings outcome would help...

Another drop in the Ifo index is a reason for caution but not for concern. The current assessment component is still pointing to solid growth at the start of the final quarter of the...

The October ECB meeting takes centre stage this Thursday so how might was President Draghi say weigh on the forex markets?EUR: Draghi to dance around Italy and BrexitThe attention shifts from Rome to...

Another robust GDP report will leave the US firmly on track to hit 3% growth for 2018, but will it be enough to help the Republicans retain control of Congress?This week’s data highlight is...

The recent flattening of the US yield curve hasn't hurt the dollar.USD: Looking strongerIt’s probably too early to talk of a great rotation from US equities into debt, but the recent 10bp...

The pound's under pressure, yet again. Here's what else is happening in the currency marketsUSD: Global FX markets eye calm before the G20 central bank meeting stormBefore a busy week of G20 central...

Everything you need to know about central bank policy around the worldFederal Reserve: Look for slightly more modest rate rises in 2019While the Federal Reserve no longer views monetary policy as...

Global FX markets have started the week taking their cue from weekend events in China again, but we think the rest of the week will be about US third-quarter GDP, the Italian budget and the October...

A third-quarter reading on US GDP and a flurry of central bank policy meetings top the agenda next week. The European Central Bank is not expected to deviate from its plan to unwind quantitative...

The Federal Reserve may be President Trump’s “biggest threat” but in the eurozone, tighter ECB policy is way down the list of things to worry about.What a difference six weeks can...

There’s evidence of much more collective dollar buying in FX markets in November rather than December so don't be caught out by the 'year-end' effect.When it comes to year-end USD demand,...

By default, the JPY is outperforming other majors. With the S&P 500 back below the 200-day moving average, the mood of investors looks solemn. The USD looks troubled as a result, but the EUR seems...

US September retail sales were soft, which may be a reflection of hurricane effects. However, a solid “core” figure still bodes well for very strong GDP growth.US retail sales were much...

Global markets, already shaken by last week's dive, start the week in a cautious mood, as Brexit talks stall, Italy gets ready to submit its budget plan to the European Commission and the US prepares...

Fiscal-powered US outperformance continues to dominate FX markets while Italian politics is weighing on the EUR. If a Brexit withdrawal deal finally gets agreed, GBP could perform a little better too....

Emerging market currencies are not moving as a bloc any more, and investors are rightly taking a more differentiated view of the regional FX market. But there are too many moving parts to this story...