Selling global commodity is warning signs for the world economy

Global commodity prices are being shot, because trade war tensions are red color between the two largest economies of the world.

The S & P GSCI index, which followed the global commodity among the energy, metal and agricultural sectors, shows that US President Donald Trump rejects more than 8% of prices when the “mutual” tariffs declared. The leader of the White House was this, despite the fact that prices have a little recovery after declaring a tariff tariff on Wednesday.

Trump rejected the heat China walks to 125% of the tariff rate of Chinese goods.

“The collapse in commodities (prices) is the key to a circuit, and the global decline is a sign,” he said.

China is the largest consumer of goods and can be dragged only in the country’s growth and the country’s growth and consumption of certain goods, especially energy and industrial metals.

All the goods in the basket have fallen down the most down since April 2, about 12% decreased S & P Global’s GSCI Energy Gauge.

The industrial metals decreased by about 9%, about 9%, about 5.2%, about 5.2%, about 9%, about 5.2%.

When it comes to oil, the wider negative feelings also overlapped with OPEC + ‘ The final decision is growing to accelerate the pace of the group’s production. Opec + has accelerated the pace of walks, but the increases were previously decided. Global Benchmark Brent, $ 64.78 and the US West Texas A barrel between $ 61.77, and the oil prices between $ 61.77 in West Texas, the oil prices still have perennial opportunities. Oil prices are sensitive to trade, the largest raw importers and raw materials are denomination of the US dollars.

Goldman Sachs is a barrel for a barrel for $ 58 per barrel for $ 58 per barrel to $ 62 per year for both raw trends, but also $ 62 for Brent.

The further reduction in commodity prices feeds the growing choir of the US recession. Jpmorgan is waiting The total US-General Internal Product will be 0.3% This year, a strong year for growth.

“The wider movement we have seen in crude oil has shown that the market is the price more likely in the decline since April 2,” he said.

“Sabrin Chowdhury, the head of the head of the goods,” Sabrin Chowdhury “, the head of the Goods Sabrin Chowdhury, the head of the Goods Sabrin Chowdhury in the research section” Fitch Solutions “.

Industrial metals continue to suffer as a fear of trade tensions and decline.

Especially, copper is a leading indicator of economic health, taking into account the use of many sectors. Copper futures in New York currently sold for $ 8.380 on Wednesday, and more than 16% decline in Nymex, showed information from invitation from invitation from April 2.

In the metal markets, China is likely to be under pressure as China The world’s largest copper consumerbecomes increasingly focused.

“There is probably likely to weaken the economy of tariffs and China, which is likely to grow in the United States, copper and other industrial metals,” said Eawa Manthey, ing

Similarly, Goldman Sachs, metal surplus and his forecast of a US economy cut the price forecast.

“A hit for the low 2024 for Chinese demand for the growth of the former China’s weak GDP, as well as the previous forecast,” Investment Bank said.

If the US recession, Goldman predicts Sachs forecasts, copper prices are in the first term of Trump-19 pandemic, Covid-19 pandemic and $ 6,500 and $ 5,900 in one ton, $ 6,900 and $ 5.900 and $ 5,900.