Asia Stocks Set to Rise as US-Iran Deal Lifts Mood: Marke…

The article discusses the current landscape of US-Iran relations, particularly following a signed memorandum of understanding between President Trump and Iran. Although there's an interim peace deal that has created market optimism, there are significant hurdles that remain for a comprehensive and lasting agreement. Global stock markets experienced a strong week initially buoyed by this news, but ended on a cautious note with slight declines noted in US futures and Asian stocks retreating from recent highs.

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US Vice President JD Vance speaks at a news conference about President Donald Trump’s signed memorandum of understanding with Iran.Source: Bloomberg

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By Andre Janse Van Vuuren and Julien Ponthus

June 18, 2026 at 10:05 PM UTC

Updated on June 19, 2026 at 9:24 AM UTC

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Global stocks are ending a strong week on a cautious note as relief over an interim peace deal between the US and Iran gave way to a focus on the hurdles that remain to secure a lasting agreement.

With US cash markets closed for the Juneteenth holiday, S&P 500 futures slid 0.2% after the benchmark posted its best week since the end of May. Europe’s Stoxx 600 was little changed, while Asian stocks retreated 0.4% from an all-time high. Markets in China, Hong Kong and Taiwan were shut as well.

Read Original at Bloomberg.com →

Asia Stocks Set to Rise as US-Iran Deal Lifts Mood: Markets Wrap