Trade is not out of the woods just yet
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Insights Trade is not out of the woods just yet 29-09-2021 As economies around the world begin to get back to pre-pandemic levels, some parts of the global supply chain have struggled to adapt to the return to full speed. Richard Hayes, Acting Head of Trade Solutions Denmark at N
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What's next for trade and supply chains?
The desk positions that ongoing supply chain disruptions will continue to impact global trade dynamics, particularly as economies rebound post-COVID, resulting in volatility in currency markets. Per the full note [source], Richard Hayes of Nordea underscores that these challenges are not just recent, stemming from inherent issues predating the pandemic. This continued strain on supply chains signals potential trading opportunities in the FX markets, especially for currencies connected to commodity-driven economies that could see fluctuation in demand. With no immediate catalysts on the calendar, traders should remain focused on supply chain developments as a barometer for currency trends.
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