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Markets mixed ahead of US inflation data - 30.4.2025

Markets mixed ahead of US inflation data
Ara Zohrabian
Ara Zohrabian
Senior Analytical Expert
Articles:1010

Todays’ Market Summary

  • The Dollar strengthening continues
  • Futures on three main US stock indexes are down
  • Brent is down currently.
  • Gold prices are extending losses currently

Top daily news

Global equity indexes are trading in different directions currently ahead of US inflation report at 16:00 CET after Wall Street closed higher on Tuesday as president Trump signed executive orders to relax some of his 25% tariffs on automobiles and auto parts. Tesla shares rallied 2.1% outperforming market, Apple shares rose 0.5% on Tuesday as Morgan Stanley raised its price target on Apple to $235 from $220 and maintained an “Overweight” rating on iPhone maker’s stock.

Forex news

Currency PairChange
EUR/USD -0.1%
GBP/USD -0.1%
USD/JPY +0.3%
AUD/USD +0.1%

The Dollar strengthening continues 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 0.25% on Tuesday.

Both EUR/USD and GBP/USD reversed their climbing on Tuesday while GfK reported German consumer sentiment rose to six-month high as economic expectations strengthened third month in a row. Both Pound and euro are lower against the dollar currently. USD/JPY reversed its sliding while AUD/USD reversed its advancing on Tuesday with Australian dollar higher against the Greenback currently and yen lower.

Stock Market news

IndicesChange
Dow Jones -0.1%
Nikkei 225 Index +0.2%
Hang Seng +0.6%
ASX 200 +0.3%

Futures on three main US stock indexes are down currently ahead of US GDP report at 14:30 CET with the yield on benchmark 10-year US notes down at 4.171%. Stock indexes ended higher on Tuesday recording daily gains in the range from 0.55% to 0.75% as president Trump granted auto tariff relief that includes limitations on the impact of multiple tariffs on carmakers and a measure to allow carmakers to offset a portion of the levy for two years.

European stock indexes futures are mixed currently after closing higher on Tuesday amid positive quarterly reports. Asian indexes futures are mostly rising today with Hong Kong’s Hang Seng index leading gains despite economic data from China indicating first contraction in industrial activity since December 2023 .

Commodity Market news

CommoditiesChange
#C-BRENT -0.2%
OIL -0.2%

Brent is down currently. Prices fell over 2% yesterday amid reports OPEC+ member Kazakhstan increased oil exports  via the Caspian pipeline by 7% over year in January-March. 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) dropped 2.6% and is lower currently. Brent fell 2.4 to $64.25 a barrel on Tuesday.

Gold Market News

MetalsChange
XAUUSD -0.2%

Gold prices are extending losses currently . Spot gold reversed its climbing on Tuesday: it fell 0.8% to $3317.15 an ounce.

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