NORTH AMERICA: US manufacturing is performing strongly with output gains led by advanced technology production, pharmaceuticals, chemicals and energy. However, more commoditised production, where it is difficult to justify paying extra for…
EUROPE: Belgium’s current failure to agree on a three-year €10bn savings package is not yet a political crisis, but it is a missed opportunity. A deal on the 2027 budget remains possible, yet delaying the harder choices risks weakening the…
CENTRAL AND EASTERN EUROPE: Hungarian wage growth surprised to the upside in August, marking a second consecutive month of acceleration. One-off effects may have played a role. Despite the still-tight labour market, we expect wage growth t…
CENTRAL AND EASTERN EUROPE: Hungary, Turkey and Kazakhstan will announce interest rate decisions next week, while Poland releases industrial output, labour market and retail sales data
Producer prices in both industry and agriculture surprised on the upside in September, and their annual growth rates are not expected to peak until 2027. Pricing in these underlying segments will eventually filter through to consumer price…
Join ING economists to explore new research that challenges perceptions of Europe's investment culture. We'll debunk some common misconceptions, examine how attitudes and behaviours are changing, and discuss what it all means for Europe's…
Financial markets have calmed a little after Coreweave stock bounced on Thursday. But the debate between intensifying price pressures needing tighter monetary policy and a tech correction requiring a softer policy outlook continues. Expect…
ASIA/PACIFIC: Rate decisions take centre stage, with Bangko Sentral ng Pilipinas expected to raise rates while Bank Indonesia and the Bank of Korea are likely to stand pat. Markets will also closely watch China's GDP and Japan's inflation…