Timme Spakman, economist at ING, notes that world trade declined 1.3% month-on-month, dragging third quarter trade down 1% compared to the same period a year ago. Key Quotes “News about the negotiations between the US and China has been mixed at best and trade remains subdued: New trade figures released by the CPB show a deceleration in trade growth after two months of MoM growth. In recent weeks, it looked like the US and China were approaching a phase one deal. However, officials from both parties have been giving mixed signals, highlighting the fragility of the talks.” “And uncertainty still reigns in Europe. Tariffs on American automotive imports seem to be off the table for now, as President Trump missed the 14 November deadline to take a decision on the matter.” “Trade tensions have slammed the brake on world trade growth in 2019. While the trade war has directly affected trade flows between China and the US, the fallout has been widespread.” 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 Turkish Pres. Erdogan: Interest rates, inflation to fall to single digits – NTV FX Street 2 years Timme Spakman, economist at ING, notes that world trade declined 1.3% month-on-month, dragging third quarter trade down 1% compared to the same period a year ago. Key Quotes "News about the negotiations between the US and China has been mixed at best and trade remains subdued: New trade figures released by the CPB show a deceleration in trade growth after two months of MoM growth. In recent weeks, it looked like the US and China were approaching a phase one deal. However, officials from both parties have been giving mixed signals, highlighting the fragility of the talks." "And uncertainty still… 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.
