OptimISM returns to trade outlook as COVID-19 slowdown weakens — Panjiva
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OptimISM returns to trade outlook as COVID-19 slowdown weakens

Business Sentiment 220 China 3050 Germany 267 Trade Balance 935 U.S. 5401

U.S. trade sentiment returned to positive territory in July with the latest ISM export order survey reading reaching 50.4 from 48.8 a month earlier, where a figure over 50 indicates an expansion. It should be noted though that only six sectors out of 17 returned positive readings and only two improved compared to a month earlier. Nonetheless, that’s the first positive reading since the pandemic and matches a similar improvement seen in China and Germany. The global trade slowdown in the wake of COVID-19 is also showing signs of lessening. Only 18 out of 25 countries that have re...

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