Markets mixed after president Trump announced tariffs on Mexico and EU - 14.7.2025

The Dollar strengthening is intact presently. 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, rose 0.3% on Friday.

EUR/USD continued its sliding as GBP/USD accelerated its retreating on Friday. Both Pound and euro are lower against the dollar currently. USD/JPY reversed its retreating while AUD/USD reversed its on climbing on Friday with the yen higher against the Greenback currently and Australian dollar lower still.

US stock indexes futures are down currently after Wall Street ended lower on Friday as president Trump warned of 35 per cent tariffs on Canada and said his administration was on track to announce levies on the European Union in the coming days. The three main stock benchmarks recorded daily losses in the range from -0.6% to -0.2% while US government reported a surplus in June as tariffs gave an extra bump to a sharp increase in receipts, the Treasury Department said Friday.

European stock futures are mixed today after closing lower on Friday after US slapped 35% tariffs on Canada overnight. Asian stock indexes futures are mostly up currently with Hong Kong’s Hang Seng index leading gains as customs data showed China’s trade balance grew more than expected in June.

Brent is up currently. Prices ended over 2% higher on Friday as the International Energy Agency said global oil market may be tighter than it appears, with demand supported by peak summer refinery runs to meet travel and power generation. US West Texas Intermediate WTI futures rose 2.8% and are higher currently. Brent added 2.5% to $70.36 a barrel on Friday.