Markets mixed after Wall Street closed mixed - 16.10.2023

The Dollar strengthening has stalled 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. % higher on Friday.

Both EUR/USD and GBP/USD slowed their retreating on Friday as Eurostat reported industrial production in euro zone rose more than expected in August. Both euro and Pound are higher against the Dollar currently. USD/JPY reversed its climbing on Friday and AUD/USD slowed its sliding with the yen lower against the Greenback currently and the Australian dollar higher.

US stocks indexes futures are up currently after closing mixed on Friday. The three main US stock benchmarks recorded daily returns in the range from -1.2% to 0.1% on Friday as University of Michigan survey results indicated consumer "assessments of personal finances declined” as inflation expectations soared in preliminary October data.

European stock indexes futures are down currently after closing lower on Friday led by tech stocks. Asian stock indexes futures are mostly down today with Japan's Nikkei leading losses.

Brent is retracing down currently. Oil prices jumped over 5% on Friday while US on Thursday imposed the first sanctions on owners of tankers carrying Russian oil priced above the Group of Seven's price cap of $60 a barrel. Russia is a major crude oil exporter, and the tighter US scrutiny of its shipments could curtail supply. The US oil benchmark West Texas Intermediate (WTI) soared 5.8% but is lower currently. Brent jumped 5.7% to $90.89 a barrel on Friday.  Brent and WTI gained about 7.5% and 5.9% for the week respectively.