ING Economic and Financial Analysis

Foreign exchange reserves in China rose $1.51 billion in June from May, stopping the falling trend. A-share's inclusion in the MSCI from 1 June helped, and wider inflow channels give more room for...

This July could prove to be a testing month for FX markets, given the rise in trade tensionsThere’s more value in outlining potential scenarios This is a particularly uncertain time for FX...

The next 24 hours or so could be pretty significant for sterling with Theresa May now entering extra time when it comes to finding a Brexit resolution. Another fudge from the PM could help set GBP/USD...

Upcoming data could seemingly swing economies, such as Germany and Norway, either way, while the US continues to maintain its powerful performance.Trade Protectionism Fears LingerThe US economy...

US Fed minutes cite concern about a trade war, as new tariffs on China come into effectUSD: Fed sticks to the script for now... onto US jobs report The June FOMC meeting minutes provided little in the...

After the national football shock, trade war fears and political tensions, at least the German economy is surprising to the upside. This week’s data makes it easier to become optimistic...

China’s foreign exchange reserves data for June should give an idea about the extent of capital flight as the Chinese yuan turned from Asia's outperformer to an underperformer with 3%...

Reports that some ECB officials think a rate hike could come before December 2019, as well as news that Brussels may push for a universal cut to global auto tariffs, could provide some superficial...

No, not the World Cup, the implementation of tariffs by the US and China on July 6th The phoney war is over - now let's see what the real trade war bringsWe have had a lot of chat prior to this trade...

The world is about to enter into a real trade war. In our view, only significant protests among Trump voters or a quick surrender of US trade partners can prevent this. There are few signs this will...

The July 4th holiday in the US should deliver only a brief reprieve for risk assetsUSD: The July 4th holiday offers respiteRisk assets may receive a temporary reprieve and the dollar could correct...

In March, G20 members promised to avoid competitive devaluations for trade gains. The overnight move to fix the Chinese yuan lower suggests that may have been a hollow pledge. But is this really an...

Governor Lowe delivers a statement that is low on excitement, but which contained marginal hints of concern21 months of inaction, none imminentNo one anticipated any change in the Reserve Bank of...

South Korea's June inflation print is low, but this is actually a regional issueDespite higher oil prices, Korean inflation remains subdued.Korean consumer price inflation (CPI) for June rose 1.5%,...

Despite the clear election result, Turkish sovereigns and bank credits failed to rally. But as investors await the appointment of Erdogan’s next economic team emerging markets remain under...

CPI inflation again surprised on the downside in June. We expect it to undershoot the central bank's target in the fourth quarterAccording to a flash reading, CPI inflation accelerated modestly in...