Equities mixed after Wall Street extended rally - 14.8.2025

The Dollar weakening has reversed today. 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 0.3% lower on Wednesday.

Both GBP/USD and EUR/USD continued their advancing yesterday despite federal statistics agency Destatis report German wholesale prices declined 0.1% over month in July. Both euro and Pound are lower currently. USD/JPY accelerated its sliding while AUD/USD accelerated its climbing on Wednesday with the yen higher against the Greenback currently and the Australian dollar lower.

US stock index futures are mixed currently ahead of unemployment claims and Producer Price Index reports at 14:30 CET. US stocks closed solidly higher on Wednesday with the three main US stock benchmarks recording daily gains in the range from 0.14% to 1.04% as SP 500 and Nasdaq closed at record highs amid expectations of Federal Reserve interest rate cuts after July's consumer price index showed stable inflation the previous day.

European stock indexes are higher currently after the indexes extended gains yesterday as European Commission President Ursula von der Leyen said Europe, US and NATO “strengthened common ground on Ukraine.” Asian stock indexes futures are mixed with Australia’s S&P/ASX 200 All Ordinaries index rising as data showed that Australia’s job market rebounded in July while the unemployment rate fell from last month.

Brent is edging higher presently. Prices extended losses on Wednesday as the US Energy Information Administration (EIA) reported US crude inventories rose by 2.8 million barrels last week when a draw was forecast. At the same time the IEA raised its forecast for oil supply growth this year but lowered its demand forecast. The US oil benchmark West Texas Intermediate (WTI) futures fell 0.8% but are higher currently. Brent crude lost 0.7% to $65.63 a barrel on Wednesday.