Stock Groups

WTO says goods trade fell in Q3, Omicron raises risks -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILE PHOTO – A logo outside of the World Trade Organisation, (WTO), Geneva, Switzerland September 28th 2021. REUTERS/Denis Balibouse

GENEVA (Reuters), – Monday’s global merchandise trend was down 0.8% for the third quarter. The World Trade Organization also stated that Omicron coronavirus, a variant of Omicron coronavirus, had made it more likely that 2021 will see fewer growth rates.

According to the WTO, supply chain disruptions, shortages in production inputs, and an increase of COVID-19, trade volume fell between July and September, according to a statement posted on their website.

It said that a 2021 growth target can theoretically be still met but Omicron’s emergence has “tipped” the balance towards the downside and increased the likelihood of a negative outcome.

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.

[ad_2]