The Latest Breaking News from ING

Downgrades by Treasury watchdog could force chancellor to raise taxes or cut spending at budget to meet fiscal rules

European stocks fell sharply after Israel struck Iranian nuclear sites, fuelling fears of wider conflict. Oil and gold surged on safe-haven demand, while bank shares dropped. Markets are pricing in higher geopolitical and energy supply risks.

US tariff concerns are darkening Germany’s outlook while the economy is already weak, hindering hopes of a recovery.

The eurozone gross domestic product grew by 0.6% quarter-over-quarter in the first quarter of 2025, marking the strongest pace of growth since late 2022. ECB's President Christine Lagarde hinted that a July pause in rate cuts may be warranted.

European and US officials are wrestling over a trade deal

As the global economy faces a bumpy road ahead in 2025, financial experts share some advice on being smarter with your money.

June S&P 500 E-Mini futures (ESM25) are down -0.05%, and June Nasdaq 100 E-Mini futures (NQM25) are down -0.09% this morning as concerns remain about the U.S. fiscal outlook after President Donald Trump’s signature tax bill narrowly passed the House of Representatives on Thursday.

Germany's economy grew more than previously thought at the start of the year, as its exports surged before US President Donald Trump imposed sweeping tariffs, official data showed Friday.

The blue chip index rose 5.34 points, or 0.06%, to close at 8,786.46, with miners helping offset heavy losses for retailer JD Sports.

The new deal was widely welcomed across business sectors for helping cut red tape and reducing checks on food exports.

Dutch environmental group Milieudefensie said Tuesday it was launching a new legal case against Shell, aiming to stop the fossil fuel giant investing in new oil and gas fields.