Timme Spakman, economist at ING, points out that the world trade grew by 2.3% in January 2019and is partly a rebound after the fall seen in both November and December 2018. Key Quotes “Growth was broad-based with the strongest growth seen in emerging Asia (+6.2%), which follows a decline of -6.5% in December.” “Looking past the volatile growth figures, the three-month momentum shows a downward trend of -1.8%, indicating world trade is slowing.” “The prospects for 2019 remain concerning as what seems to be a cyclical downturn is dragging world trade growth down further. Pivotal to the slowdown is lagging Chinese growth, which is partly due to the US-China trade war that undermines US demand for Chinese exports.” “Considerable further downside risks are looming. Although the negotiations between the US and China continue, US demands remain very ambitious, leaving the potential for the talks to fail.” “So all in all, January shows strong growth, but prospects remain pretty bleak.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP futures: squeeze higher not ruled out FX Street 4 years Timme Spakman, economist at ING, points out that the world trade grew by 2.3% in January 2019and is partly a rebound after the fall seen in both November and December 2018. Key Quotes "Growth was broad-based with the strongest growth seen in emerging Asia (+6.2%), which follows a decline of -6.5% in December." "Looking past the volatile growth figures, the three-month momentum shows a downward trend of -1.8%, indicating world trade is slowing." "The prospects for 2019 remain concerning as what seems to be a cyclical downturn is dragging world trade growth down further. Pivotal to the slowdown is lagging… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
