NordFX Morning Update | June 16, 2026

🏯 Asia — Historic Day for Japan The Nikkei 225 crossed 70,000 intraday for the first time in history, before easing slightly as investors digested the Bank of Japan’s decision to raise rates to 1% — a 31-year high (vote 7–1). The index had already surged +4.99% to 69,317 on Monday on US-Iran deal euphoria. The Hang Seng holds near 24,808, drifting cautiously amid weak China data — May retail sales fell 0.6% y/y (first drop since the pandemic), partly offsetting an industrial output beat of +4.5% y/y.

🇺🇸 Wall Street — Monday Close S&P 500 ▲1.65% → 7,554 Dow Jones ▲0.92% → 51,671 🏆 Record close Nasdaq ▲3.07% → 26,684 (best session since March 31)

🕊️ US-Iran Peace Deal A 60-day interim agreement to end hostilities and reopen the Strait of Hormuz was confirmed by both sides. Formal signing is set for Switzerland on June 19. The deal eased inflation fears and sent risk assets surging globally.

🛢️ Oil Brent holding near $81/bbl after tumbling ~5% on Monday to a 2-month low. Markets are cautious — shipping companies say confidence in the Hormuz route may take weeks to rebuild.

🥇 Gold Trading around $4,330/oz, up on risk-on mood and ongoing uncertainty ahead of the Fed. Volatile week expected.

💱 Forex EUR/USD ~1.1600 | USD/JPY ~160.00 (steady ahead of BOJ post-decision briefing)

₿ Bitcoin ~$66,200, riding the broader risk-on wave.

🏦 Key Event: FOMC Kicks Off Today The Fed’s two-day meeting begins today — new Chair Kevin Warsh’s first. Rate decision lands Wednesday. A hold at 3.50%–3.75% is widely expected; all focus on the updated dot plot with US inflation still running hot.

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🌅 NordFX Morning Update | June 16, 2026 was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.