US-Iran Peace Progress Cools Oil Prices - 6.22

The Australian dollar is finding its footing, trading near the 0.7100 mark. It got a solid boost from the Reserve Bank of Australia (RBA) taking a stricter, "hawkish" stance on keeping interest rates steady to battle sticky domestic inflation, making the Aussie dollar more attractive to buyers.

EUR/GBP is holding steady against the British Pound. Both Europe and the UK are dealing with sluggish economic growth and stubborn inflation. However, expectations are slightly higher that the European Central Bank might be forced to raise interest rates sooner than the Bank of England, keeping the Euro slightly favored.

EUR/USD managed to bounce back against the US dollar. Investors are moving money back into riskier currencies as Middle East tensions show signs of cooling down.

USD/JPY - Japan's finance ministry stepped into the market directly to buy up Yen, pulling the exchange rate back down toward the 156 level to protect their currency from speculators.

ASX 200 snapped an eight day losing streak, bouncing back to around 8,729. Technology and financial companies led the recovery, though lingering commodity price swings are keeping a cap on bigger gains.
Dow Jones is hovering just under its all-time records, sitting near the 51,522 level. US markets have shown incredible resilience, though trading was quiet over the weekend due to the Juneteenth holiday break.
GB 100 is trading flat, because of a combination of weak retail shopping numbers, high local inflation,  also rumors around the Prime Minister's future is keeping British investors sitting on their hands.
Nasdaq is hitting fresh all-time records above 25,114. Investors are aggressively buying up tech giants because of good corporate earnings and an insatiable appetite for anything related to AI spending (a bomb waiting to blow up)
Nikkei jumped up to around 59,513, though it faces occasional speed bumps whenever the Japanese Yen strengthens, which makes Japan's huge export companies less profitable abroad.
S&P 500 made history by breaking and closing above the 7,200 mark for the first time ever, settling around 7,230. Good corporate profits are leading power here, though the index remains sensitive to any sudden changes in global oil prices.

Brent is experiencing massive swings, now price is sitting around $80, it all depends on daily headline. It spikes whenever peace talks look shaky and drops the moment negotiators make progress.
WTI Oil is pulling back from its recent highs to around $76 a barrel. A modest boost in supply from the OPEC+ oil alliance has helped cool things off a bit.

Bitcoin is holding above $64,000 and making steady attempts to push past its next major psychological ceiling at $75,000 to $80,000.
Ethereum alongside Bitcoin's positive momentum. Institutional money and options traders are keeping the second-largest crypto well-supported as the broader digital asset market stabilizes.