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A Panamanian shipping agent describes a 2019 outlook shaped by weak global growth forecasts from the IMF, World Bank and ECLAC. It cites risks from the US-China trade war, a possible hard Brexit and Gulf tensions.
Panama's shipping sector has nonetheless remained resilient.
Slower global growth and trade risks dampen maritime demand, which can weigh on freight and commodity trade volumes over the coming year.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.