 Macroeconomic Digest: What's Happening in the World on May 6 Markets are digesting several strong signals at once: USA: Jobs and Records The private sector added 109,000 jobs in April — the highest since January 2025, above forecasts. The S&P 500 and Nasdaq hit all-time highs amid hopes for an end to the conflict with Iran and strong AI company reports. Dollar: Back to the Past The dollar index fell to 97.7 — returning to pre-war levels. A peace deal with Iran is getting closer, and investors are pricing in reduced geopolitical risks. Mortgages Getting More Expensive The 30-year rate rose to 6.45% for the second consecutive week. The Fed is still holding steady. Europe: Producer Inflation Producer prices in the eurozone surged 3.4% month-over-month — a record since 2022. Bund yields fell below 3% — the market does not believe in an imminent ECB tightening. ️ AI Boom Drives Clouds The global cloud infrastructure market will exceed $500 billion in 2026 — Synergy Research. AWS leads, but AI companies are reshaping the market. Conclusion: The macroeconomic picture is paradoxical — stock market records coexist with rising producer prices and mortgage rates. The key driver is geopolitical détente.