Markets mixed after Wall Street advance - 30.5.2025

The Dollar strengthening has resumed currently. 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, slid 0.5% on Thursday.

Both EUR/USD and GBP/USD reversed their sliding yesterday. Both euro and Pound are lower against the dollar currently. USD/JPY reversed its advancing while AUD/USD reversed its retreating on Thursday with the yen higher against the Greenback currently and Australian dollar lower.

US stock market futures are down currently with the yield on benchmark 10-year Treasury notes steady at 4.42%. The three main stock benchmarks ended lower on Thursday recording daily gains in the narrow range from 0.3% to 0.4% with tech shares advancing after the US Court of International Trade blocked most of the duties the White House has announced though the ruling was later temporarily suspended by an appeals court while the litigation proceeds.

European stock markets futures are mixed currently after closing lower on Thursday led by media and utilities stocks. Asian stock indexes futures are mixed with Australia’s All Ordinaries index leading gains after data showed Tokyo consumer inflation was higher than expected for May.

Brent is edging up presently. Prices fell over 1% on Thursday despite Energy Information Administration data showing US crude inventories recorded a surprise draw in the latest week, falling by 2.8 million barrels to 440.4 million barrels. West Texas Intermediate (WTI) futures dropped 1.5% but are higher currently. Brent futures lost 1.2% to $64.15 a barrel on Thursday.