Trading Day: Inflation - calm before the storm?

Jamie McGeever

Thu, May 15, 2025, 2:08 PM 9 min read

By Jamie McGeever

ORLANDO, Florida (Reuters) - TRADING DAY

Making consciousness of the forces driving planetary markets

By Jamie McGeever, Markets Columnist

Softer enslaved yields cushion stocks

Cooler ostentation pressures successful the signifier of amazingly brushed U.S. economical information and a descent successful lipid prices helped bring down Treasury yields and enactment stocks connected Thursday, though the caller surge connected Wall Street does look to beryllium losing steam.

In my file contiguous I look astatine however the diminution successful U.S. ostentation - a steadfast development, successful astir people's eyes - is coming with an unwelcome broadside effect - rising existent yields. More connected that below, but first, a roundup of the main marketplace moves.

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If you person much clip to read, present are a fewer articles I urge to assistance you marque consciousness of what happened successful markets today.

1. Trump promises to fortify ties with United ArabEmirates connected Gulf circuit 2. Fed policymakers connected clasp to question clarity from the data,but the information are not cooperating 3. APEC warns of stalling commercialized owed to tariffs arsenic China, USofficials conscionable 4. UK system has a maturation spurt earlier taxation and tariffchallenges 5. Republicans clasp Trump's populist taxation propulsion withmidterms successful mind

Today's Key Market Moves

* The Dow is the champion performer of Wall Street's 3 mainindices, rising 0.65%. It's present close astir the 200-day movingaverage of 42289 points. * The VIX volatility scale closes astatine 17.81, its lowestclosing level since March 25. * Walmart shares autumn arsenic overmuch arsenic 5% aft the retailerwarns connected the outlook, but extremity the time lone 0.5% lower. * Oil falls 2.5% connected expectations for a U.S.-Iran nucleardeal, which could easiness sanctions and escaped up much supply. * The yen is the large gainer successful G10 FX, rising astir 0.8%against the dollar up of Japan's Q1 GDP information connected Friday. * South Korea's won rallies aft a authorities authoritative saysthe lawman concern curate met with a elder U.S. Treasuryofficial connected May 5 to sermon the dollar/won market. * Gold hits a one-month debased of $3,120/oz earlier reboundingto adjacent astatine the day's high, up astir 2% astatine $3,235/oz.

Inflation - calm earlier the storm?

A diminution successful European and U.S. enslaved yields provided the springboard for equity markets connected Thursday. Or astatine slightest a cushion.