WTO estimates global goods trade to fall 13-32% on coronavirus

Market news

8 April 2020

WTO estimates global goods trade to fall 13-32% on coronavirus

Says global trade was down 0.1% in 2019
Expects rebound in 2021 of 21-24%
Sees exports from Asia and North America to be hit hardest in 2020 and sees declines especially steep on sectors with complex value chains

New York City Mayor de Blasio sees a stabilized hospitalization rate for coronavirus cases - CNBC

Director of the U.S. National Institute of Allergy and Infectious Diseases Dr. Anthony Fauci says that beginning of virus turnaround should occur after this week

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.