Global markets rise after Wall Street ended at records | IFCM
Logo IFCMarkets
NetTradeX for IFC Markets
Trading App
IFC Markets Online CFD Broker

Global markets rise after Wall Street ended at records - 25.6.2021

Global markets rise after Wall Street ended at records
Ara Zohrabian
Ara Zohrabian
Senior Analyst
Articles:1078

Todays’ Market Summary

  • The Dollar strengthening has reversed currently
  • Futures on three main US stock indexes are up
  • is extending gains today as traders expect OPEC producers will choose to proceed with caution in lifting output curbs from August.
  • Gold prices are edging up today

Top daily news

Stocks are advancing currently after SP 500 and Nasdaq closed at records on Thursday as President Biden reached a deal with a bipartisan group of lawmakers on a $973 billion infrastructure package over five years, with some $559 billion in new funding. Facebook shares gained 0.76% Thursday despite reports Joe Biden's presidential campaign repeatedly warned Facebook about violent campaign-related rhetoric on its platform during the the 2020 election, but the social media giant sometimes brushed the warnings off. Apple shares dipped 0.22% underperforming the market.

Forex news

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, gained 0.01% Thursday after US Labor Department report 411 thousand Americans sought unemployment benefits over the last week, down from 418 thousand the previous week but higher than expected.

GBP/USD reversed its climbing Thursday while EUR/USD reversed its sliding after Germany’s Ifo Institute business sentiment index came in higher for June. The dynamics is intact for both pairs currently. AUD/USD continued its climbing while USD/JPY reversed its rising yesterday with both yen and Australian dollar higher against the Greenback currently.

Stock Market news

Futures on three main US stock indexes are up currently ahead of US personal income and spending data at 14:30 CET today. The three main US stock benchmarks recorded daily gains in the range of 0.6% to 1% Thursday as durable goods orders rose in May.

European stock indexes are higher currently after closing up Thursday with travel and leisure shares leading gains. Asian indexes are advancing today with Hang Seng leading gains as S&P Global Ratings affirmed China's ratings at A+/A-1 with a stable outlook, saying the country was likely to maintain above-average economic growth relative to other middle-income economies in the next few years.

Commodity Market news

Brent is extending gains today as traders expect OPEC producers will choose to proceed with caution in lifting output curbs from August. . Oil prices ended higher yesterday on stronger demand expectations following reports of drawdown in US inventories and expanding German economic activity. The US oil benchmark West Texas Intermediate (WTI) futures added 0.3% and is up currently. August Brent crude rose 0.5% to $75.56 a barrel on Thursday.

Gold Market News

Gold prices are edging up today . August gold lost 0.4% settling at $1,776.70 an ounce on Thursday.

Crypto

News

META Lost $119 Billion in a Day

META Lost $119 Billion in a Day

Structural bearish pressure is building up; two verdicts confirm the product defect legal theory and now we have a replicable...

3/4/2026
Bitcoin at $67K: Key Levels, Technicals and What's Driving the Price

Bitcoin at $67K: Key Levels, Technicals and What's Driving the Price

Bitcoin is in a later stage of post-halving cycle, meaning prices peak and start pulling back. Big institutional buyers are...

31/3/2026
Meta Analysis: Not Addiction

Meta Analysis: Not Addiction

The lawsuit against Meta in California is a battle over semantics, design, and liability. Inside the company, employees have...

27/3/2026
From ChatGPT to the Department of War

From ChatGPT to the Department of War

This situation is a classic example of corporate chess. By early 2026, OpenAI was in trouble. They were spending $17 billion...

26/3/2026
NVIDIA $117 Billion Trap

NVIDIA $117 Billion Trap

Behind Nvidia record breaking revenue there is a catastrophic threat. There is a dangerous dependence on the supply chain...

20/3/2026
Private Market in 2026: Blue Owl Capital

Private Market in 2026: Blue Owl Capital

In the past few months Blue Owl Capital stock prices fell impressively - 40%. Blue Owl is dealing with big issues - they...

17/3/2026

Explore our
Trading Conditions

  • Spreads from 0.0 pip
  • 30,000+ Trading Instruments
  • Stop Out Level - Only 10%

Ready to Trade?

See Also

Close support
Call to WhatsApp Call to telegram Call Back