Equities mixed after Wall Street rally continued - 25.3.2025

The Dollar strengthening is intact 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, ended 0.2% higher on Monday.

GBP/USD reversed its sliding while EUR/USD slowed its retreating yesterday despite SP Global report German business activity grew at its quickest rate in 10 months in March. Both euro and Pound are lower against the dollar currently. AUD/USD joined USD/JPY’s accelerated advancing on Monday with both the yen and Australian dollar little changed against the Greenback currently.  

Futures on three main US stock indexes are down currently with the yield on benchmark 10-year Treasury down at 4.327%. US stock market extended gains on Monday with the three main stock benchmarks recording daily gains in the range from 1.4% to 2.27% after media reports a set of sector-specific tariffs is now likely to be excluded as president Trump applies broad levies starting on April 2.

European stock indexes futures are up currently after closing lower yesterday with travel and leisure shares recovering after London’s Heathrow Airport reopened on Saturday following a power outage caused by a fire at a nearby electrical substation that disrupted Friday service. Asian indexes futures are mostly lower currently with Hong Kong’s Hang Seng index leading losses weighed by Xiaomi selloff after a discounted $5.5 billion share sale aimed at funding business expansion and research initiatives.

Brent is extending gains currently. Oil prices ended over 1% higher yesterday in light of reports president Trump plans tariffs on countries that buy Venezuelan oil, gas. US West Texas Intermediate WTI futures rose 1.2% and are higher currently. Brent gained 1.2% to $73 a barrel on Monday.