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U.S. dollar gains, global stocks slip amid inflation and trade‑deadline fears

Published: 08-01-2025, 10:45 am

The U.S. dollar index climbed while MSCI’s global equities gauge fell as investors digested signs of rising U.S. inflation and braced for Trump’s Aug 1 trade‑deal.

June inflation rose because tariffs pushed up import costs, and weekly jobless claims were lower than expected.

The Federal Reserve kept rates steady and said it needed more data before adjusting policy, adding to market caution.

Small‑cap stocks lagged sharply, oil prices slid on trade concerns and gold edged up 0.51 % as investors sought a safe haven.

Original Source: Reuters

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