Stocks advance ahead of US markets reopening - 27.5.2025

The Dollar weakening has reversed 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 0.03% lower on Monday.

Both EUR/USD and GBP/USD slowed their climbing yesterday. Both Pound and euro are lower against the dollar currently. USD/JPY reversed its retreating while AUD/USD reversed its climbing on Monday with both the yen and Australian dollar lower against the Greenback currently.  

Futures on three main US stock indexes are up currently ahead of several Federal Open Market Committee members’ speeches today starting with Federal Reserve Bank of Atlanta President Raphael Bostic speech scheduled for 14:30 CET. The yield on 10-year Treasury down is down at 4.481% ahead of Wall Street reopening following Memorial Day holiday yesterday. US stock market ended lower on Friday with the three main stock benchmarks recording daily losses in the range from -1.0% to -0.6% after president Trump threatened to impose a 50 per cent tariff on imports from the European Union.

European stock indexes futures are rising currently after indexes closed up on Monday after president Trump said overnight he had agreed to delay the 50% tariffs to July 9 following a call from EU Commission President Ursula von der Leyen. Asian indexes futures are mostly rising currently with Japan’s Nikkei leading gains amid reports the Japanese government was considering trimming some long-term bond issuances after recent sharp rises in yields for the notes.

Brent is extending losses currently. Oil prices ended marginally lower yesterday amid news that eight OPEC+ countries, who had pledged extra voluntary oil output cuts, will now meet on May 31, a day earlier than previously planned. US West Texas Intermediate WTI ended flat but are lower currently. Brent slipped 4 cents to $64.74 a barrel on Monday.