Oil prices have once again risen above 70 dollars per barrel. The Australian dollar has updated a three‑month low

The US stock markets on Monday showed confident growth, breaking a five‑day losing streak and recovering part of their positions after recent volatility. Investors expressed optimism amid signs of de‑escalation in geopolitical tensions between the US and Iran, as well as a reassessment of the prospects for the technology sector. By the end of the day, the Dow Jones Index (US30) rose by 0.59%. The S&P 500 Index (US500) gained 1.18%. The Technology‑heavy NASDAQ Index (US100) closed higher by 2.25%.

The leaders of growth were companies from the communication and high‑tech sectors, including Tesla, which demonstrated a significant rally, while the materials sector came under pressure despite continued activity in the energy segment. A notable event of the day was the inclusion of Alphabet in the Dow Jones Index, where it replaced telecommunications giant Verizon. Against this backdrop, Alphabet shares showed a noticeable increase.

European indices closed lower on Monday. By the end of the day, Germany’s DAX (DE40) fell by 0.18%, France’s CAC 40 (FR40) closed down by 0.21%, Spain’s IBEX 35 (ES35) declined by 0.20%, and the UK’s FTSE 100 (UK100) finished the trading session down by 0.23%. European indices have been showing negative dynamics for the second session in a row due to persistent uncertainty surrounding the conflict in the Middle East. Despite agreements between the US and Iran on a temporary halt to exchanges of strikes in the Strait of Hormuz area, investors remain cautious ahead of new inflation data and the upcoming European Central Bank forum in Sintra, where key speeches by the heads of the Fed and ECB may clarify the future outlook for monetary policy.

Oil prices on Monday corrected upward, rising above 70 dollars per barrel after falling to a four‑month low. Despite attempts to normalize shipping through the Strait of Hormuz, tanker traffic volumes remain limited, as recent weekend attacks have significantly undermined market participants’ confidence in the safety of this strategic route. Diplomatic efforts aimed at de‑escalating the conflict remain in focus: the US and Iran agreed to suspend military operations ahead of peace talks in Doha scheduled for Tuesday.

On Monday, Japan’s Nikkei 225 (JP225) rose by 0.15%, China’s FTSE China A50 closed higher by 1.43%, Hong Kong’s Hang Seng (HK50) gained 1.57%, and Australia’s ASX 200 (AU200) closed higher yesterday by 0.68%.

The Australian dollar updated a three‑month low, falling below 0.687 USD under pressure from the global strengthening of the US dollar. Despite the published RBA minutes, where the regulator confirmed its readiness for further rate hikes due to inflation risks in the Middle East, the market reacted skeptically. Lower energy prices led to a revision of the probability of policy tightening in Australia to 40%, and investors began pricing in a possible rate cut in mid‑2027.

The offshore yuan weakened to around 6.79 per dollar, ending a two‑month period of growth. The main pressure on the currency came from the strengthening of the US dollar, supported by expectations of prolonged high interest rates from the Fed and demand for a “safe-haven” due to geopolitical tensions. The People’s Bank of China also contributed to this trend by setting daily fixings below market expectations, signaling the authorities’ readiness for gradual yuan depreciation.

China’s economic indicators showed moderate positive dynamics: the manufacturing PMI in June rose to 50.3 (compared to 50.0 in May), and the non‑manufacturing PMI increased to 50.2. Steady demand for high‑tech exports helped the economy adapt to logistical disruptions caused by the Middle Eastern conflict.