Markets rebound after Wall Street rally - 29.4.2024

The Dollar strengthening 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 0.4% higher on Friday.

Both GBP/USD and EUR/USD reversed their climbing on Friday. Both euro and Pound are higher against the Dollar currently. USD/JPY accelerated its climbing while AUD/USD slowed its advancing on Friday with both the yen and the Australian dollar higher against the Greenback currently.

US stocks indexes futures are higher currently after ending solidly higher on Friday. The three main US stock benchmarks recorded daily gains in the range from 0.4% to 2.0% despite the Commerce Department report the personal consumption expenditures price index rose more than expected in March.

European stock futures are up today after closing higher on Friday with construction and material shares leading gains. Asian stock indexes futures are rising today with Australia’s ASX 200 index leading gains while Japanese markets were closed for a holiday.

Brent is retreating currently on reports of Israel and Hamas talks. Prices ended higher on Friday. US West Texas Intermediate WTI rose 0.34% but is lower currently. Brent added 0.55% to $89.50 a barrel on Friday.