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Optimism Swells on Global Trade

FX volatility seen as the biggest threat

By Susan Kelly | Updated on May 13, 2010

Companies in the U.S. and overseas are expecting some improvement in global trade. Fifty-eight percent of U.S. businesses believe trade volumes will increase in the next six months, according to the latest HSBC global trade survey, up from the 41% who predicted an increase in trade six months earlier.

The optimism isn’t limited to the United States; 64% of Latin American businesses expect a pick-up in trade, as do 63% in both the Middle East and Greater China, and 61% in India.

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