Markets venture up after Wall Street ended mixed - 29.7.2025

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, surged 1.0% on Monday.

Both GBP/USD and EUR/USD accelerated their retreating yesterday while CBI Distributive Trades Survey data showed UK retail sales volumes fell in July at a firm rate. Both Pound and euro are lower against the dollar currently. USD/JPY accelerated its climbing while AUD/USD accelerated its sliding on Monday with both the yen and Australian dollar lower against the Greenback currently.  

Futures on three main US stock indexes are up currently. The yield on 10-year Treasury is down at 4.419%. US stock market ended mixed on Monday with SP 500 and Nasdaq closing at new all-time highs as the three main stock benchmarks posted daily returns in the narrow range from -0.14% to 0.33% and Dow edged lower ahead of scheduled earnings reports this week and Fed interest rate decision tomorrow.

European stock indexes futures are rising currently after indexes closed lower on Monday as investor optimism over EU-US trade deal waned. Asian indexes futures are mostly rising currently with Australia’s All Ordinaries ASX 200 Index leading gains while US and Chinese trade officials met in Stockholm yesterday in a third round of negotiations aimed at extending a May‑established 90‑day pause on tariff escalation.

Brent is inching lower currently. Oil prices surged over 2% yesterday as president Trump announced he was reducing the 50-day deadline he gave Russia over its war in Ukraine to 10-12 days. US West Texas Intermediate WTI jumped 2.4% but are lower currently. Brent rose 2.3% to $70.04 a barrel on Monday.