(Bloomberg) --
Trade momentum rose in September for the first time in four months, according to the CPB's World Trade Monitor. The latest three-month figures offer a little upbeat news about global commerce at a time when the end-game for a “phase one” U.S.-China deal remains murky. A decline from a year earlier eased slightly in September, though the monthly figures, which can be volatile, showed a 1.3% drop.
To contact the reporter on this story: Fergal O'Brien in Zurich at fobrien@bloomberg.net
To contact the editors responsible for this story: Sheldon Reback at sreback@bloomberg.net, Zoe Schneeweiss
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