Equities mixed after Wall Street ended mixed - 13.2.2025

The Dollar strengthening 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 0.1% higher on Wednesday.

EUR/USD slowed its advancing while GBP/USD ended flat yesterday as European Central Bank voting member Robert Holzmann told that the global tariffs enacted by US President Donald Trump had increased inflationary risks in the euro zone and a larger 50 basis point rate cut “would not be a good decision.” Both Pound and euro are higher against the dollar currently. USD/JPY accelerated its advancing while AUD/USD reversed its climbing on Wednesday with both the yen and the Australian dollar higher against the Greenback currently.

The US stock index futures are up currently ahead of unemployment benefits and producer prices reports at 14:30 CET. US stocks ended mixed on Wednesday with the three main US stock benchmarks recording daily returns in a range from -0.5% to 0.03% while Federal Reserve Chair Jerome Powell told the Senate Banking Committee that policymakers were in no hurry to make more interest rate cuts after data showed US consumer prices rose more than expected in January.

European stock indexes are mixed currently after closing marginally higher yesterday. Asian stock indexes futures are mixed currently with Hong Kong’s Hang Seng Index leading losses while Japanese producer price index inflation data came in stronger than expected in January.

Brent is edging down presently. Prices ended over 2% lower on Wednesday as president Trump wrote in a post on his social media platform he and Putin had "agreed to have our respective teams start negotiations immediately, and we will begin by calling President Zelenskiy, of Ukraine, to inform him of the conversation, something which I will be doing right now." The US oil benchmark West Texas Intermediate (WTI) futures lost 2.66% and are lower currently. Brent crude slid 2.36% to $75.18 a barrel on Wednesday.