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  • Steep Drop in Trade Flows Shows Pitfalls of Cross-Border Supply Chains

    Global trade flows tumbled in the first quarter, a preview of what could be the largest contraction in international commerce in decades, as the coronavirus pandemic causes policy makers and multinationals to reconsider globe-spanning supply chains that have become a defining feature of the world economy. A Dutch body considered an authority in world trade, CPB Netherlands Bureau for Economic Policy Analysis, said flows of goods across borders were 1.4% lower in March than a...

  • Belgium Business Sentiment Recovered Slightly in May

    Belgium business sentiment rose in May after falling to its lowest ever level in April amid the coronavirus pandemic. Business confidence in Belgium rose to minus 34.4 in May from minus 36.1 in April, the National Bank of Belgium said Monday. The outcome was below economists' forecast of minus 22.5 in a survey by Dow Jones Newswires.

  • For Economy, Worst of Coronavirus Shutdowns May Be Over

    Truck loads are growing again. Air travel and hotel bookings are up slightly. And more people are applying to open new businesses.

  • Mexico's Registers $3.09 Billion April Trade Deficit

    MEXICO CITY--Mexico ran up a $3.09 billion trade deficit in April as the shutdown of many industries to counter the spread of the coronavirus and the drop in world oil prices led to steep declines in both exports and imports. Exports last month fell 41% from April of 2019 to $23.38 billion, while imports were down 30% at $26.47 billion, the National Statistics Institute said Monday. Petroleum exports fell 66% to $758 million as a result of the collapse in oil prices.

  • China Pork Imports Hit Record High in April

    BEIJING--China imported a record amount of pork in April, as the world's biggest consumer of the meat stocked up on pork from abroad amid elevated prices at home. China imported 400,000 tons of pork in April, nearly twice the amount it purchased in the same month a year ago, according to data released by the General Administration of Customs on Monday. In the first four months of the year, China imported 1.35 million tons of pork, almost three times as much as in the same period a year...

  • Germany's Ifo Index Rises, Supported by Higher Expectations -- Update

    --Ifo's business sentiment rose to 79.5 in May, beating forecasts. --The increase was driven by a considerable improvement in the expectations component. --Companies assessed their current situation as slightly worse, with this component falling again.

  • Germany's Ifo Index Rises Above Expectations in May

    German business sentiment rose in May, beating forecasts as business expectations improved considerably, the Ifo Institute said Monday. "Sentiment among German companies has recovered somewhat after a catastrophic few months," the Ifo said. The Ifo business-climate index came in at 79.5 points in May from a downwardly revised 74.2 points in April.

  • Global Stocks Edge Higher on Optimism Over Economic Reopening

    Stocks rose slightly in Europe and most of Asia but edged lower in Hong Kong as a selloff continued Monday, with markets in the U.S. and U.K. closed for holidays. Futures tied to the S&P 500 rose 0.4%. The pan-continental Stoxx Europe 600 gained 0.5%.

  • China Shanghai Rubber Futures Closing Prices, Volume

    Monday, May 25 2020 Natural Rubber Turnover: 203,833 lots Open High Low Settle Prev. Change Vol Open Settle Interest Jun-20 10,000 10,000 9,930 9,965 10,080 -115 2 45 Jul-20 10,080 10,115 10,070 10,085 10,060 25 3 53 Aug-20 10,160 10,160 10,145 10,150 10,115 35 2 63 Sep-20 10,220 10,280 10,170 10,230 10,260 -30 187,662 202,436 Oct-20 10,295 10,360 10,295 10,310 10,320 -10 14 178 Nov-20 10,385 10,450 10,350 10,405 10,430 -25 408 2,950 Jan-21 11,600 11,600 11,510 11,560 11,610...

  • Germany's Economy Shrank in 1Q and Entered Recession, Confirming First Estimate

    The German economy posted its largest decline in output since the financial crisis in the first quarter and entered a recession due to the coronavirus pandemic and the lockdown implemented in mid-March, the German statistics office Destatis said Monday, confirming a preliminary estimate. As previously reported, gross domestic product--the broadest measure of goods and services produced in an economy-- contracted 2.2% in the first quarter compared with the previous...

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