SMI 10’494 0.0%  SPI 12’995 -0.2%  Dow 29’428 0.6%  DAX 13’202 0.5%  Euro 1.0799 0.0%  EStoxx50 3’482 0.4%  Gold 1’834 -2.0%  Bitcoin 16’661 -0.6%  Dollar 0.9139 0.3%  Öl 45.7 1.1% 
20.11.2020 13:14:40

WTO: Global Trade Rebounds In Q3 As Lockdowns Eased

(RTTNews) - The World Trade Organization said the global merchandise trade rebounded strongly in the third quarter after plunging amid the Covid-19 pandemic.

The Goods Trade Barometer, a real-time gauge of trends in global trade, rose to 100.7 in the third quarter from 84.5 registered last August.

The index reading greater than 100 suggests above-trend growth, while those below 100 indicate below-trend growth.

The indicator signaled a strong rebound in trade in the third quarter as lockdowns were eased, but growth is likely to slow in the fourth quarter as pent-up demand is exhausted and inventory restocking is completed.

The WTO observed that renewed lockdowns in Europe and North America could lead to another round of business closures and financial distress.

According to WTO forecast, world merchandise trade volume will fall 9.2 percent this year. This outcome would require a sharp rebound in the third quarter, following the 17.2 percent annual decline registered in the second quarter.

Aktien Top Flop

CS Group 11.44
2.51 %
Swiss Re 83.80
2.37 %
UBS Group 13.31
1.80 %
Zurich Insur Gr 374.50
1.77 %
Swiss Life Hldg 407.10
1.47 %
Swisscom 476.40
-0.61 %
Sika 235.60
-0.93 %
Lonza Grp 571.60
-0.94 %
Givaudan 3’610.00
-1.42 %
Nestle 101.88
-1.74 %

Finanzen.net News

pagehit