Bundles

4 December 2025

ING Global Outlook: A taste of things to come

The global economy is still cooking up decent enough food, but the kitchen is one heck of a mess. Expect 2026 to serve up more of the same

In this bundle

A taste of things to come

Carsten Brzeski on the global economy in 2026

Resilience, inflation and debt: 3 calls for the global economy

Three calls for the global economy in 2026

United States

Upbeat on growth but election dramas loom: 3 calls for the US

The US economy is still set to perform well in 2026

Recovery, inflation and burden sharing: 3 calls for the eurozone

A eurozone manufacturing recovery is on the cards

, and

Waiting for a sudden surge: the eurozone's Big 4

France

Germany

Waiting for a sudden surge: the eurozone's Big 4

Germany, France, Italy and Spain in 2026

, and 2 others

Rates

China

Growth, FX stability and potential holiday reforms: 3 calls for China

Stability for growth and currency remain the top priorities for China in 2026

10 risks for the global economy in 2026

From AI bubbles to government spending splurges, plenty could go wrong

, and 3 others

Credit

Rates

Outlook 2026: The world right now

From the US to Europe, FX to rates, this is where we are

, and 8 others

Central banks in 2026: our predictions for interest rate moves

With rate cuts nearing their end in 2026, and some central banks already done, here’s our interest rate outlook for the year ahead

, and 3 others

Transport & Logistics

Trade

Brace for a slowdown: 3 calls for global trade

Global trade is set to slow significantly in 2026

Mixed growth and deflationary pressures: 3 calls for Asia

China

India

Mixed growth and deflationary pressures: 3 calls for Asia

We're expecting weaker growth in Asia next year

and

United Kingdom

Slow growth and political alarms: 3 calls for the UK economy

Politics is the biggest risk for UK markets in 2026

A return to normality but regional splits: 3 calls for the CEE

Poland, Czechia, Hungary and Romania in the spotlight

Kazakhstan slows, Uzbekistan may surprise: 3 calls for CIS

Armenia

Azerbaijan

Kazakhstan slows, Uzbekistan may surprise: 3 calls for CIS

What 2026 might hold for Azerbaijan, Kazakhstan, and Uzbekistan

Europe lags and regulation shifts: 3 calls for AI

Artificial intelligence will continue to be a major growth driver in 2026. Can Europe catch up?

A weaker dollar as the Fed moves toward neutral: 3 calls for FX

Weaker dollar in 2026 with risks to the downside

Rates

Feels normal, but bounded by extremes: 3 calls for rates

Rates and curves in 2026

Report

ING Global Outlook: A taste of things to come

The global economy is simmering amid chaos