# Warning signs for global recovery as Delta dims outlook

> Global recovery warnings are rising as the Delta variant dims the outlook. Nominal US Treasury yields dropped below 1.2% during the week, adding to concern about growth.

- Date: 2021-07-22 · published 2021-07-22T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/46251-warning-signs-for-global-recovery-as-delta-dims-outlook
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Slower global growth and weaker risk sentiment could weigh on energy and industrial commodities, with only indirect effects on feed prices.

## Read by commodity

- WTI: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2020-03-09 | [Corn, soybeans, wheat drop about 2% as global markets recoil \| Financial Post](https://feedsoft.ai/events/11269-corn-soybeans-wheat-drop-about-2-as-global-markets-recoil-financial-post.md) | -23.0% | -31.2% |
| WTI | 2024-05-20 | [Global oil markets weaken as sluggish demand leaves overhang](https://feedsoft.ai/events/30451-global-oil-markets-weaken-as-sluggish-demand-leaves-overhang.md) | -3.6% | -0.2% |
| WTI | 2020-10-26 | [Canadian dollar hits 10-day low as virus clips global outlook \| Financial Post](https://feedsoft.ai/events/50854-canadian-dollar-hits-10-day-low-as-virus-clips-global-outlook-financial-post.md) | -10.3% | +5.7% |
| WTI | 2021-03-25 | [Oil prices drop 4% as new lockdowns undermine hopes for economic recovery](https://feedsoft.ai/events/10318-oil-prices-drop-4-as-new-lockdowns-undermine-hopes-for-economic-recovery.md) | -3.2% | +0.5% |
| WTI | 2023-05-04 | [Outlook on gold as it hits record high, while USD and oil fall after Fed decision \| IG International](https://feedsoft.ai/events/35838-outlook-on-gold-as-it-hits-record-high-while-usd-and-oil-fall-after-fed.md) | +5.7% | +2.2% |

## Sources

- reuters.com: https://www.reuters.com/business/global-markets-outlook-corrected-pix-2021-07-21/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.