The latest World Trade Outlook Indicator was at 99, pointing to slightly below trend, and signalling sluggish trade growth in the third quarter of this year. …but the lead indicators of world trade are bouncing backA recent study by the World Trade Organization identified key drivers of world trade. It is still early days and the trend is not convincing yet but if it persists, an upturn in global demand for Asian exports could provide an upward lift to Asian economic growth. • Global Manufacturing PMI came in at 50.8 in August, down a shade from 51 in July, but continuing to signal further moderate expansion in global manufacturing activity. As import demand from advanced economies recovers, emerging Asian economies can expect to enjoy higher export growth.

Source: The Edge Markets October 08, 2016 15:11 UTC