Stocks up after Wall Street rebounded - 5.8.2025

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 0.04% lower on Monday.

EUR/USD ended little changed while GBP/USD slowed its advancing yesterday while Sentix reported euro zone investor sentiment declined after EU's latest tariff deal with the US. Both Pound and euro are lower against the dollar currently. USD/JPY slowed its sliding while AUD/USD slowed 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. The yield on 10-year Treasury is down at 4.206%. US stock market ended solidly higher on Monday with the three main stock benchmarks recording daily gains in the range from 1.34% to 1.95% while Census Bureau data showed factory orders in US fell slightly less than forecast in June.

European stock indexes futures are rising currently after indexes closed higher on Monday while Swiss stocks fell after US President Donald Trump unveiled 39% tariffs on the country last Friday. Asian indexes futures are mostly rising currently with Japan’s Nikkei defying the trend after gains led by shares in the real estate, banking and textile sectors.

Brent is inching lower currently. Oil prices fell over 1% yesterday as the Organization of the Petroleum Exporting Countries and its allies, together known as OPEC+, agreed on Sunday to raise oil production by 547,000 barrels per day for September. US West Texas Intermediate WTI slumped 1.5% and are lower currently. Brent lost 1.3% to $68.76 a barrel on Monday.