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U.S. EconomyIMPORTANT

US ISM Services PMI (Apr) 53.6 vs. Exp. 53.8 (Prev. 54.0, Low. 53, High. 55.2)

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“There are other signs of economic strength. Exports and imports activity have expanded for two months in a row for the first time since September and October 2024. The predominant commentary this month was about impacts and adjustments due to the conflict with Iran and the expected flow through of higher oil prices at some point."

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