Stocks in emerging markets extended their rally in June, posting the strongest gain for the major asset classes last month, based on a set of ETFs. A broad measure of US equities delivered a robust second-place performance amid rallies for all the main categories of global markets for the month.
Daily Archives: July 1, 2025
Macro Briefing: 1 July 2025
The US dollar has fallen more than 10% year to date, the weakest start for a calendar year since 1973. The combination tariffs, inflation concerns and rising government debt are weighing on the greenback. The dollar’s slide is making investments in the US by foreigners more expensive. “A weaker dollar has become a crowded trade and I suspect the pace of decline will slow,” said Guy Miller, chief market strategist at insurance group Zurich.
