{"id":63035,"date":"2026-06-11T23:38:16","date_gmt":"2026-06-12T03:38:16","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-rally-on-hopes-for-us-iran-peace-deal-indonesia-faces-investor-backlash\/63035\/"},"modified":"2026-06-11T23:38:16","modified_gmt":"2026-06-12T03:38:16","slug":"global-markets-rally-on-hopes-for-us-iran-peace-deal-indonesia-faces-investor-backlash","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-rally-on-hopes-for-us-iran-peace-deal-indonesia-faces-investor-backlash\/63035\/","title":{"rendered":"Global Markets Rally on Hopes for US-Iran Peace Deal; Indonesia Faces Investor Backlash"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-rally-on-hopes-for-us-iran-peace-deal-indonesia-faces-investor-backlash\/63035\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-rally-on-hopes-for-us-iran-peace-deal-indonesia-faces-investor-backlash\/63035\/#Diplomatic_Breakthrough_Sparks_Market_Rally\" >Diplomatic Breakthrough Sparks Market Rally<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-rally-on-hopes-for-us-iran-peace-deal-indonesia-faces-investor-backlash\/63035\/#South_Korean_Tech_Giants_Lead_Gains\" >South Korean Tech Giants Lead Gains<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-rally-on-hopes-for-us-iran-peace-deal-indonesia-faces-investor-backlash\/63035\/#Japan_Secures_Energy_Alternatives_Amid_Blockade\" >Japan Secures Energy Alternatives Amid Blockade<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-rally-on-hopes-for-us-iran-peace-deal-indonesia-faces-investor-backlash\/63035\/#Investor_Flight_from_Indonesia\" >Investor Flight from Indonesia<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-rally-on-hopes-for-us-iran-peace-deal-indonesia-faces-investor-backlash\/63035\/#Aerospace_and_Infrastructure_Developments\" >Aerospace and Infrastructure Developments<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Global stock markets surged<\/strong> as U.S. President Donald Trump announced a potential peace deal with Iran is imminent, leading South Korea\u2019s <strong>KOSPI (<a href=\"\/stock\/KOSPI\">KOSPI<\/a>)<\/strong> to jump nearly <strong>8%<\/strong> in Friday morning trading.<\/li>\n<li><strong>A draft memorandum of understanding (MOU)<\/strong> between Washington and Tehran reportedly includes a <strong>60-day ceasefire extension<\/strong> and a framework to address Iran&#39;s <strong>enriched <a href=\"https:\/\/stockmarketwatch.com\/metal\/uranium\" data-internallinksmanager029f6b8e52c=\"13\" title=\"Uranium\">uranium<\/a> stockpile<\/strong>.<\/li>\n<li><strong>Japan\u2019s <a href=\"https:\/\/stockmarketwatch.com\/energy\/crude-oil\" data-internallinksmanager029f6b8e52c=\"12\" title=\"Crude oil\">crude oil<\/a> imports<\/strong> are projected to return to year-earlier levels in July by sourcing 100% of supplies from regions outside the <strong>Strait of Hormuz<\/strong>, bypassing the current geopolitical blockade.<\/li>\n<li><strong>Indonesia is experiencing a significant sell-off<\/strong> by foreign investors as President Prabowo Subianto faces backlash over populist policies and concerns regarding fiscal discipline.<\/li>\n<li><strong>Japan\u2019s JAXA<\/strong> successfully launched its <strong>H3 rocket<\/strong>, placing several microsatellites into orbit and marking a critical milestone for the nation&#39;s aerospace ambitions.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Diplomatic_Breakthrough_Sparks_Market_Rally\"><\/span>Diplomatic Breakthrough Sparks Market Rally<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Global financial markets reacted with optimism on Friday following reports that the United States and Iran have reached an &quot;agreement in principle&quot; to end their three-month conflict. U.S. President <strong>Donald Trump<\/strong> called off planned military strikes on Thursday evening, claiming a &quot;great settlement&quot; had been reached that could be signed as early as this weekend in Europe. The news sent the <strong><a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a> (<a href=\"\/stock\/SPY\">SPY<\/a>)<\/strong> up <strong>1.8%<\/strong> and the <strong>Nasdaq (<a href=\"\/stock\/QQQ\">QQQ<\/a>)<\/strong> up <strong>2.5%<\/strong> on Thursday, with the rally extending into Asian markets on Friday.<\/p>\n<p>The proposed <strong>Memorandum of Understanding (MOU)<\/strong>, first reported by <em>Axios<\/em>, reportedly outlines a <strong>60-day ceasefire<\/strong> that would include Lebanon and provide a window for formal nuclear negotiations. Key components of the draft include a framework for managing Iran&#39;s <strong>highly enriched uranium stockpile<\/strong>, the reopening of the <strong>Strait of Hormuz<\/strong>, and the potential unfreezing of Iranian assets. However, Iran\u2019s <strong>Foreign Ministry<\/strong> cautioned through the <strong>IRNA<\/strong> news agency that no &quot;final decision&quot; has been made, emphasizing that Tehran will not compromise on its &quot;red lines.&quot;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"South_Korean_Tech_Giants_Lead_Gains\"><\/span>South Korean Tech Giants Lead Gains<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In South Korea, the <strong>KOSPI (<a href=\"\/stock\/KOSPI\">KOSPI<\/a>)<\/strong> index soared nearly <strong>8%<\/strong> by late Friday morning, driven by hopes that a resolution to the Iran war would stabilize global energy prices and supply chains. Major tech firms saw historic gains, with <strong>Samsung Electronics (<a href=\"\/stock\/005930\">005930<\/a>)<\/strong> and <strong>SK Hynix (<a href=\"\/stock\/000660\">000660<\/a>)<\/strong> leading the charge as investors bet on a continued AI-driven recovery combined with easing geopolitical risks. The rally reflects South Korea&#39;s high sensitivity to energy costs, as the country remains a major importer of crude oil.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Japan_Secures_Energy_Alternatives_Amid_Blockade\"><\/span>Japan Secures Energy Alternatives Amid Blockade<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Despite the ongoing de facto blockade of the <strong>Strait of Hormuz<\/strong>, Japanese Prime Minister <strong>Sanae Takaichi<\/strong> announced that the country expects its July crude oil imports to regain year-earlier levels. Japan has successfully diversified its supply chain, increasing imports from the <strong>United States<\/strong> tenfold and securing new shipments from <strong>Mexico<\/strong>, <strong>Canada<\/strong>, and <strong>Africa<\/strong>. This shift allows Japan to bypass the volatile Persian Gulf waterway entirely for its July requirements, though refiners must now adapt facilities to process these new crude grades.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Investor_Flight_from_Indonesia\"><\/span>Investor Flight from Indonesia<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In contrast to the broader regional rally, <strong>Indonesia<\/strong> is facing a wave of foreign capital outflows. According to the <em>Financial Times<\/em>, global investors are &quot;selling Indonesia&quot; as President <strong>Prabowo Subianto<\/strong> faces scrutiny over his administration&#39;s fiscal direction. Concerns regarding the cost of his flagship <strong>free nutritious meal program<\/strong> and perceived populist shifts have caused the <strong>Indonesian Rupiah<\/strong> to plummet to all-time lows, making it one of the worst-performing currencies in Asia this year.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Aerospace_and_Infrastructure_Developments\"><\/span>Aerospace and Infrastructure Developments<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In a significant win for Japan\u2019s space program, the <strong>Japan Aerospace Exploration Agency (JAXA)<\/strong> successfully launched its <strong>H3 rocket<\/strong> No. 6 from the Tanegashima Space Center on Friday morning. The rocket successfully deployed several microsatellites, validating recent technical fixes and restoring confidence in Japan\u2019s flagship launch vehicle. Meanwhile, in the ongoing Russia-Ukraine conflict, reports indicate that <strong>Ukrainian drones<\/strong> have successfully targeted Russia\u2019s <strong>Nizhnekamsk refinery<\/strong>, continuing a campaign of deep-strikes against Russian energy infrastructure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Global stock markets surged as U.S. President Donald Trump announced a potential peace deal with Iran is imminent, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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