ING Economic and Financial Analysis

Heading into next week’s key October EU summit, the pound is looking buoyant amid speculation that a Brexit Withdrawal Agreement is almost done. But much rests on the DUP's Arlene Foster...USD:...

Two questions arise in developed markets next week: Will some form of a Brexit deal be proposed in time for the European Council meeting, and will Italy be softening its budget stance? We also expect...

The combination of rising borrowing costs, trade tensions and geopolitical threats are stressing financial markets, but with US growth looking strong and inflation heading higher will the Federal...

The minutes of the ECB’s September meeting underline the Governing Council is very comfortable with the autopilot of a gradual quantitative easing taperingThree main take-aways from the...

The US Treasury is set to release its FX report anytime now. While no major US trading partner meets the technical criteria to be labelled a currency manipulator, there are risks the US administration...

August trade data is no game changer. After a disappointing industrial report, trade data brought little reliefExports fell againAfter yesterday’s disappointing industrial production data, this...

The global bond market rout has turned into a global stock market rout - which means no rest for the wicked FX markets. All the trade war noise from the IMF's World Economic Outlook and expected...

The US economy continues to roar, and with upward inflationary pressures, the Fed remains in tightening mode. But with just under five weeks to go until the November mid-terms, the Republicans are...

With trade tensions with the US only set to increase, we expect the People's Bank of China to allow the yuan to depreciate to 7.00 by the end of this year.Trade war looks set to be long and...

The ongoing trade war between the US and China has led to a sell-off in the equities market by foreign investors weakening the Taiwan dollar. The inflation release today won't lead to a central bank...

IMF data shows another decline in the US dollar's share of global FX reserves. Here's why it mattersUSD: Not everyone’s in love with the dollarWe rarely talk about the dollar’s hegemony...

Hurricane Florence risks a softer set of US September jobs numbers, but the clean-up, rebuild and replace effort will see a corresponding bounce in October.Jobs growthThe pace of jobs creation has...

Reports that UK Prime Minister Theresa May will make a concession on the Irish border backstop have helped nudge the dial towards a Withdrawal Agreement deal by year-end. But two things remain to be...

It’s mid-term election time and opinion polls suggest the Republicans are under pressure. The loss of Congressional control would make life increasingly difficult for the President and have...

Finally some good news on the trade front. A trilateral trade deal between the US, Canada and Mexico has been agreed in principle, helping to lift the Canadian dollar and Mexican peso. However, the...

In a politically charged FX world, expect price action in the upcoming week to be dominated by European politics - with both the Italian fiscal budget and Brexit noise at the Tory party conference...