China Credit Impulse Leads World Trade The chart suggests that China credit impulse leads world trade by 12 months. World trade is expected to turn positive in coming months. Credit impulse is the change in new credit issued as a percentage of GDP. Image: Oxford Economics, Macrobond
FedEx Stock Price Leads World Trade Volume by Three Months This chart suggests that FedEx is usually a good leading indicator of the world economy. You may also like “FedEx vs. World Trade.” Image: Deutsche Bank Global Research
Trade-Weighted U.S. Dollar Index and U.S. 30-Year T-Bond Price vs. MSCI All-Country World Will the safe haven U.S. dollar continue to rise amid Delta COVID variant outbreak? Image: BCA Research
World Real Exports and Composite Trade Indicator Chart suggesting a recovery in world exports growth Image: Pictet Asset Management
Higher Tariffs on U.S.-China Trade Could Hurt World GDP This chart shows the impact and uncertainty by 2021-2022 from maintaining 25% tariffs and more. Image: Bloomberg
Valuation – Relative Fwd P/E of U.S. vs. Rest of World How long will the U.S. continue to trade near record levels relative to the rest of the world? Image: BofA Global Research
Currency – The U.S. Dollar (USD) Is the Most Traded Currency The U.S. dollar is the most commonly traded currency in the world, followed by the euro, the Japanese yen, and the British pound sterling. Image: Morgan Stanley Research
Percentage of Company Revenue from International Trade European companies are highly dependent on foreign markets for their revenues. A rebound in world trade may benefit them directly. Image: Charles Schwab
DHL Global Trade Barometer The DHL Global Trade Barometer is a leading indicator for the future development of global trade, suggesting a protracted but mild decline of world trade. You may also like “Recession Indicators.” Image: Deutsche Post DHL Group
Gold ETF Cumulative Change and Trade Implied Vaulted Gold Build High-net-worth individuals around the world are trying to minimize economic and political risks by buying physical gold. Image: Goldman Sachs Global Investment Research