Bundles

7 June 2024

ING Monthly: All eyes on Europe

Europe might be losing international competitiveness, but in the coming days it will return to the global centre stage with three major events: the ECB’s rate cut decisions, European elections and, of course, the European Football Championship

In this bundle

All eyes on Europe

Europe is centre-stage with the ECB, its elections and Euro 2024

Watch: All eyes on Europe

The global economic focus has switched to Europe

United Kingdom

United States

Our view on the major central banks

We're expecting three rate cuts from the Federal Reserve, European Central Bank and Bank of England this year

, and 2 others

The May commodities rally comes to an abrupt end

Commodities, Food & Agri

Energy

The May commodities rally comes to an abrupt end

Oil prices are lower, copper declines too but natural gas prices are strong

United States

The case for US interest rate cuts

Fed rate cuts should come from September

Cautious monetary easing in the eurozone has started

The ECB will remain very cautious

United Kingdom

We’re still expecting a summer UK rate cut despite market doubts

We're still expecting an August rate cut from the Bank of England

China

China accelerates policy support rollout amid mixed data

Key Chinese economic indicators have been weaker than expected

Australia

Why it’s getting harder to dismiss the possibility of rate hikes in Australia

Getting inflation under control is proving difficult in Australia. We don't think justifying rate cuts will be easy for the central bank this year

Rising inflation complicates the CEE's economic recovery

Rising inflation complicates the CEE’s economic recovery

Rising inflation adds another layer of complexity to the CEE's recovery

, and 4 others

Softer US story beginning to show in FX markets

Softer US data has pulled the dollar away from the highs of the year

Rates

Rates: Here’s why there are upside risks despite cuts

Nominal rates are a tad constrained even as the ECB cuts

Report

ING’s June Monthly: All eyes on Europe

The full report of our take on Europe's return to the spotlight this week