Stocks tick up but dollar hits 2025 low amid mixed macro signals

From Yahoo Finance: 2025-06-11 22:17:00

The dollar hit a 2025 low on Thursday, but Wall Street stocks continued to rally due to low inflation and rising Middle East tensions. U.S. inflation remains contained, but economists expect it to rise with U.S. tariffs. Global stocks are up, with the MSCI All-Country World index near an all-time high. Boeing shares fell after an Air India crash, while Oracle’s rose. European equities declined as trade optimism faded, and the U.S. administration is moving personnel out of the Middle East. Iran will not abandon uranium enrichment, and safe-haven assets like gold and the yen strengthened. President Trump’s tariff threats have caused market uncertainty, and Treasuries rallied with lower yields.

The euro rose to $1.15, and U.S. Treasuries rallied, pushing yields down. The Labor Department reported lower-than-expected producer prices in May. This new data gives the Fed room to wait on rate cuts as they assess tariffs and trade talks’ impact. Oil prices eased slightly but remain near two-month highs. President Trump’s trade deal with China has not alleviated market uncertainty, with threats of trade deals to dozens of other countries causing further concern. Trump’s tariff policies have disrupted global markets, prompting investors to exit U.S. assets.



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