Bloomberg The World Trade Organisation (WTO) cut its global trade growth forecast for this year to the weakest level in a decade, warning that further rounds of tariffs in an environment of heightened uncertainty could spark a “destructive cycle of recrimination.” The volume of merchandise trade will increase by 1.2% this year and 2.7% next year, after a 3% advance …

Bloomberg The Dubai Gold and Commodities Exchange (DGCX), continued its record-breaking performance this year, registering its best quarter since inception with over 7.98 million contracts traded in third quarter of 2019, with over 2.37mn contracts traded in September, valued at $41 billion. The Exchange also recorded a monthly Average Open Interest (AOI), of 410,847 contracts in September, its highest AOI since …

Bloomberg Oil rose after its biggest quarterly slump of the year, yet ongoing concerns that a faltering global economy will erode demand continued to weigh on the market. Futures increased 1.1% in New York, having tumbled 7.5% in the past three months as Saudi Arabia fully restored its output following devastating attacks that had temporarily halved its production. Attention is …