ING Economic and Financial Analysis

USD: Watch for the key data correction event EUR: Hoping for a glimmer of hope in the ZEW GBP: Wage data actually good news for BoE SEK: Faster inflation decline raises doubts about hike USD: Watch...

Energy - OPEC still sees tight market Agriculture – US harvest progress Energy - OPEC still sees tight market Following the heavy sell-off in the market over the last 3 weeks, oil has managed...

Energy – Oil steady ahead of key monthly reports Metals – LME aluminium stocks increase Agricultre – UNICA reports higher sugar production Energy – Oil steady ahead of key...

USD: Bouncing around in ranges EUR: Not too much damage done GBP: Some independent weakness emerging CEE: More hard data from economy confirms mixed picture in region USD: Bouncing around in...

Energy - Oil finding some support Agriculture - Bearish WASDE Energy - Oil finding some support ICE (NYSE:ICE) Brent has managed to claw its way back just above US$80/bbl, whilst prompt timespreads...

By Padhraic GarveyThe US 10-year auction tailed, but the bond bulls don't seem to care. It looks like the market is playing with a change in the rate cycle discount. It's not illogical, but likely a...

Energy - Brent below $80/bbl Metals – Zinc tightens Energy - Brent below $80/bbl The downward pressure in oil continued yesterday with ICE (NYSE:ICE) Brent settling more than 2.5% lower,...

By Padhraic GarveyAs we hold above 4.5% for the US 10-year, the immediate issue is 10-year and 30-year auctions. Beyond that into next week, prepare for a big drop in US headline inflation. Then...

USD: Fed hawks step in EUR: Many ECB speakers to watch GBP: More room for dovish repricing CEE: Rate cut in Poland, no change in Romania USD: Fed hawks step in The dollar rebound has started to gain...

Energy - Brent plummets Metals – China boosts gold reserves Agriculture – Chinese soybean imports surge Energy - Brent plummets The oil market came under significant pressure yesterday....

USD: Fed speakers will be in focus today EUR: Resistance holds GBP: Not quite the BoE pushback we were expecting CEE: Weak data confirming weak economy USD: Fed speakers will be in focus today FX...

Energy - Natural gas under pressure with full storage The oil market strengthened yesterday after both Saudi Arabia and Russia confirmed that their additional voluntary cuts will continue through...

November and December are normally soft months for the dollar. This year, however, the tailwind from strong US growth and hawkish Fed policy should keep the dollar bid through to year-endFed-Driven...

By Padhraic Garvey and Benjamin SchroederThe Rally In Long-End Rates Extended With the Curve Flattening AcceleratingOverall, we have now seen a drop of close to 30bp in 10-Year and longer yields over...

USD: Will NFP can feed into the Fed pause narrative? EUR: The market has closed the door on further ECB hikes GBP: Forward guidance returns. Is the market listening? CZK: CNB postpones start of the...

Energy – OPEC oil output held stable Metals – LME zinc jumps on mine closures Agriculture – Drought impacts sugar crop in Thailand Energy – OPEC oil output held stable ICE...