From Yahoo Finance: 2025-06-09 17:10:00

Global stock markets rose as trade tension, policy uncertainty, and shaky economic data took a back seat for investors. The dollar depreciated despite U.S. stocks and bonds performing well, mainly due to hedging. Key moves included world stocks setting a new record high and the dollar index slipping 0.25%. Oil prices also rose.

China’s exports rose 4.8% in May, with a sharp drop in exports to the U.S. and a rise in exports to the rest of the world. Despite trade talks between the U.S. and China in London, little progress has been made. U.S. Treasury Secretaries face criticism for calling China unbalanced without considering data.

The dollar’s decline this year, despite rising stocks and bonds, is attributed to increased hedging by non-U.S. investors. Foreign investors traditionally hedged bond exposure but are now hedging equity exposure more due to the risk premium built into U.S. assets. This trend is likely to persist as investors navigate uncertainty and volatility.



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