• Global trade is likely to remain weak in the coming quarters - ECB economic bulletin

Market news

5 August 2019

Global trade is likely to remain weak in the coming quarters - ECB economic bulletin

  • Global trade likely to pick up only gradually in the coming quarters

  • Will remain weaker than overall economic activity

  • US-China trade war has sapped confidence and held back investment

  • Downside risks to the outlook for trade have partially materialised in recent months

  • The threat of further escalation of trade tensions persists

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