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Monday, June 15, 2026

Asia Market Movers | Reports that South Korea have liaised with US to agree to support the won

Monday, 15 Jun, 2026

Central Banks

Reports that South Korea have liaised with US to agree to support the won

Yonhap reporting. The won had already seen some bids due to the US-Iran peace MoU but this verbal support is helping too.

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Central Banks

PBOC is expected to set the USD/CNY reference rate at 6.7544 – Reuters estimate

The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most closely watched signals in Asian foreign exch

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Stock market update

Another day, another South Korea trading halt. Kospi futures +5%

Equities catching a solid bid on the news of the US-Iran peace proposal. MoU due to be signed Friday. Hopefully. Iran confirms ceasefire MOU with U.S. but warns finger stays on the trigger

Central Banks

RBNZ hike path collides with weakest labour market in ten years, Silk speaks today

Silk is on the dovish side of a knife-edge split, speaking into a labour market that makes the case for holding look stronger by the week. the RBNZ will be issuing no speech notes for this. Summary: S

News

Trump is already threatening to resume strikes on Iran

Trump spoke with the New York Times in a phone interview. says he reached a deal , despite objections from Israeli PM Netanyahu described Netanyahu as "very difficult" says US will resume Iran strikes

Commodities

UK, France, Germany and Italy welcome deal but demand unconditional Hormuz access

The E4 statement adds Western institutional weight to the MOU but introduces an immediate friction point: the joint demand for unconditional and unrestricted Hormuz navigation sits in direct conflict

Commodities

Fourteen-article MOU sets 30-day Hormuz deadline and excludes Iran missile program

The MOU detail is more market-moving than the headline agreement. Oil sanctions suspended on Iranian crude and petrochemical sales is an immediate supply-side overhang: Iranian barrels re-entering the

Commodities

Trump says Hormuz will not be open until Friday, upon signing of ceasefire deal

The Strait is not opening up immediately. The promises already being wound back. It took one hour from 'open immediately' to 5 days away.

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Commodities

Iran confirms ceasefire MOU with U.S. but warns finger stays on the trigger

Iran's confirmation removes the an ambiguity from the Pakistan-brokered announcement and gives crude markets a firm signal to sell the geopolitical premium. The Hormuz dimension is now operationally s

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