ING Economic and Financial Analysis

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...

The Italian ruling parties agreed a 2.4% fiscal deficit for 2019, a much more expansionary budget that risks pushback from the European Commission. We think any widening in Italian swap spreads will...

Manufacturing and services data dominate next week, giving us an insight into how businesses are coping with trade concerns and weakening economic momentum in Europe.US: Weather takes its toll?We get...

German inflation at seven-year high but still little evidence of a sustainable increase in underlying inflationBased on the results of seven regional states, German headline inflation accelerated in...

With some Hong Kong banks increasing their benchmark lending rates, mortgage repayments could become increasingly difficult, affecting demand for properties and other asset markets, too.Stressed...

While other data still have yet to show the trade war impact, industrial profits seem to show that the trade war is eating up profits of manufacturers in China, and even more so for foreign...

We expect the central bank to stay put for 2018 and perhaps even for 2019 as it is difficult to cut interest rates to help a gradually slowing economy. The central bank has to save rate cuts as a last...

How long will the Fed's tightening cycle last? That's what's most important for the direction of the dollar. Here are three key signals to look out for.USD: Expect a ‘buy the rumour, sell the...

The strength of the domestic economy and rising price pressures will ensure another rate hike on Wednesday, but will emerging market and trade concerns result in a slower path of Fed tightening next...