Stocks mixed after US attacked Iran - 23.6.2025

The Dollar weakening has reversed presently. The live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, slipped 0.1% on Friday.

EUR/USD accelerated its advancing and GBP/USD reversed its climbing on Friday as the statistics office Destatis reported German producer prices disinflation slowed in May. Both Pound and eura are lower against the dollar currently. USD/JPY accelerated its climbing while AUD/USD continued its retreating on Friday with both the yen and Australian dollar lower still against the Greenback currently.

US stock indexes futures are up currently after Wall Street ended mixed on Friday with the three main stock benchmarks recording daily returns in the range from -0.5% to 0.08% as Federal Reserve Bank of Richmond President Thomas Barkin said there was no urgency to cut interest rates as inflation risks remain unresolved and the US economy continues to show resilience.

European stock futures are mixed today after closing mixed on Friday as the Office for National Statistics reported the UK’s budget deficit — defined as borrowing to fund day-to-day public sector activities, which the U.K. government has pledged to slash to zero — came in at £12.8 billion, down £1.7 billion on May 2024. Asian stock indexes futures are mostly up with Hong Kong’s Hang Seng index leading gains while data showed Japan’s manufacturing sector grew in June, its first monthly rise in 11 months.

Brent is down currently despite reports Iran’s parliament approved the closure of the Strait of Hormuz, the waterway from the Persian Gulf to the open ocean where about 20% of the world’s oil transits. The move came after US attacked three key Iranian nuclear facilities over the weekend. Prices ended lower on Friday after Trump administration issued fresh Iran-related sanctions targeting at least 20 entities, including on two entities based in Hong Kong, five individuals and three vessels. US West Texas Intermediate WTI futures slid 0.3% and are lower currently. Brent fell 2.3% to $77.01 a barrel on Friday.