Surging trade activity in the U.S. looks set to continue after the latest ISM survey showed businesses expecting a more rapid expansion in orders. Export expectations reached a net positive 8.5%, up from 6% a month earlier. That matches the improving sentiment seen in China and France, while almost all regions continue to see sentiment and multi-year highs. Yet, the import sentiment index in the U.S. expanded even more rapidly, with a net 7.5% of managers expecting to increase imports. That’s the highest reading since April 2014, and would suggest a large part of the recently announced t...
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