Equities mixed after US stocks rebounded - 6.3.2025

Senior Analytical Expert

Articles:977

Todays’ Market Summary

The Dollar weakening continues
The US stock index futures are down currently
Brent is edging up presently.
Gold prices have resumed retreating

Top daily news

Global equity indexes are pointing in different directions currently after Wall Street closed higher on Wednesday as president Trump decided to “give a one-month exemption on any autos coming through USMCA,” referring to the North American free trade pact. Apple shares slipped 0.08% underperforming market as Goldman Sachs reaffirmed its “Buy” rating and set a price target of $294, Alphabet shares rose 1.38% on Wednesday amid reports Google is urging US Justice Department to abandon plans to break up its monopoly over online search and argued that doing so would jeopardize national security.

Open Account

Try Free Demo

Forex news

Currency Pair	Change
EURUSD	+0.1%
GBPUSD	+0.1%
USDJPY	-0.2%
AUDUSD	+0.1%

The Dollar weakening continues 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 1.2% lower on Wednesday.

Both GBP/USD and EUR/USD accelerated their climbing yesterday as Eurostat data indicated industrial producer prices inflation accelerated in euro area in January when a slowing was expected. Both Pound and euro are higher against the dollar currently. USD/JPY reversed its advancing while AUD/USD accelerated its climbing on Wednesday with both the yen and the Australian dollar higher against the Greenback currently.

Stock Market news

Indices	Change
DJI	-0.4%
NIKKEI	-0.5%
HK50	+1.8%
AU200	-0.7%

The US stock index futures are down currently ahead of unemployment benefits and trade balance reports at 14:30 CET. US stocks rebounded on Wednesday with the three main US stock benchmarks recording daily gains in a range from 1.1% to 1.4% while payrolls processing firm ADP reported US private sector job creation slowed in February.

European stock indexes are mixed currently after closing higher yesterday following reports German fiscal rules will be revised to allow higher defense and infrastructure spending. Asian stock indexes futures are mixed currently with Hong Kong’s Hang Seng Index leading gains as White House said president Trump is open to considering more tariff exemptions after he announced a one-month exemption from the newly imposed 25% tariffs on vehicle imports from Mexico and Canada.

Commodity Market news

Commodities	Change
#C-BRENT	-0.1%
OIL	-0.1%

Brent is edging up presently. Prices pared some losses after hitting four-year lows earlier in the session on Wednesday as the Energy Information Administration (EIA) reported US crude oil stocks last week rose by above expected 3.6 million barrels to 433.8 million barrels. The US oil benchmark West Texas Intermediate (WTI) futures lost 2.86% but are higher currently. Brent crude fell 2.45% to $69.03 a barrel on Wednesday.