Stocks mixed ahead of Fed decision - 30.7.2025

The Dollar strengthening has halted 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, added 0.26% on Tuesday.

Both EUR/USD and GBP/USD slowed their sliding yesterday while the Bank of England reported lenders issued more mortgage loans to individuals in June. Both Pound and euro are higher against the dollar currently. USD/JPY reversed its climbing while AUD/USD slowed its sliding on Tuesday with the yen higher against the Greenback currently and the Australian dollar lower still.

Futures on three main US stock indexes are up currently ahead of Federal Reserve interest rate decision at 20:00 CET. Investors expect the central bank will hold interest rates steady. Stock indexes ended lower on Tuesday recording daily losses in the range from -0.46% to -0.3% while JOLTS data showed US job openings and hiring decreased in June, indicating a further slowdown in labor market activity.

European stock indexes futures are mixed currently after closing up on Tuesday as the International Monetary Fund raised its expectations for the euro area economy, saying it was now forecasting 1% growth this year. Asian indexes futures are mixed today with Australia’s All Ordinaries ASX 200 Index leading gains as second-quarter CPI data showed inflation slowed in Australia supporting views of a 25 basis point rate cut by the Reserve Bank of Australia in August.

Brent is edging lower currently. Prices rallied more than 3% yesterday ahead of American Petroleum Institute report US crude stockpiles rose by 1.54 million barrels last week. The Energy Information Administration (EIA) will release its US crude oil inventory data at 16:30 CET today. The US oil benchmark West Texas Intermediate (WTI) jumped 3.75% but is lower currently. Brent surged 3.5% to $72.51 a barrel on Tuesday.