{"id":63166,"date":"2026-06-14T23:08:16","date_gmt":"2026-06-15T03:08:16","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/asian-markets-surge-as-u-s-and-iran-reach-historic-peace-deal\/63166\/"},"modified":"2026-06-14T23:08:16","modified_gmt":"2026-06-15T03:08:16","slug":"asian-markets-surge-as-u-s-and-iran-reach-historic-peace-deal","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/asian-markets-surge-as-u-s-and-iran-reach-historic-peace-deal\/63166\/","title":{"rendered":"Asian Markets Surge as U.S. and Iran Reach Historic Peace Deal"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Asian equities skyrocketed on Monday<\/strong>, with the <strong>Nikkei 225<\/strong> jumping over <strong>5%<\/strong> and South Korea&#39;s <strong>KOSPI<\/strong> surging <strong>5.02%<\/strong> following a surprise U.S.-Iran peace agreement.<\/li>\n<li><strong>Global energy prices retreated sharply<\/strong> as the deal includes the immediate reopening of the <strong>Strait of Hormuz<\/strong>, with <strong>Brent crude<\/strong> falling <strong>4%<\/strong> to approximately <strong>$83.80 per barrel<\/strong>.<\/li>\n<li><strong>The South Korean Won strengthened<\/strong> to a two-week high of <strong>1,504 per dollar<\/strong>, while the <strong>Singapore Dollar<\/strong> and other regional currencies gained on renewed global risk appetite.<\/li>\n<li><strong>Russian missile strikes devastated Kyiv<\/strong>, hitting the UNESCO-listed <strong>Kyiv-Pechersk Lavra<\/strong> monastery and causing a major fire at the historic <strong>Assumption Cathedral<\/strong>.<\/li>\n<li><strong>Starbucks Korea (<a href=\"\/stock\/SBUX\">SBUX<\/a>)<\/strong> will shutter all nationwide operations early on <strong>June 22<\/strong> for mandatory history and social sensitivity training following a marketing controversy.<\/li>\n<\/ul>\n<h2>Markets Rally on Middle East Breakthrough<\/h2>\n<p>Global financial markets reacted with a massive relief rally on Monday after <strong>U.S. President Donald Trump<\/strong> announced a framework agreement with <strong>Iran<\/strong> to end their months-long conflict. The deal, which includes the unconditional reopening of the <strong>Strait of Hormuz<\/strong>, effectively removes a major threat to global energy security. In Tokyo, the <strong>Nikkei 225 (<a href=\"\/stock\/NI225\">NI225<\/a>)<\/strong> surged more than <strong>5%<\/strong>, while Seoul\u2019s <strong>KOSPI (<a href=\"\/stock\/KOSPI\">KOSPI<\/a>)<\/strong> climbed <strong>407.79 points<\/strong> to <strong>8,531.41<\/strong>, triggering a brief &quot;sidecar&quot; trading halt due to the rapid ascent.<\/p>\n<p>The de-escalation sent shockwaves through the commodities sector, with <strong><a href=\"https:\/\/stockmarketwatch.com\/energy\/crude-oil\" data-internallinksmanager029f6b8e52c=\"12\" title=\"Crude oil\">West Texas Intermediate<\/a> (WTI)<\/strong> crude plunging nearly <strong>5%<\/strong> to the <strong>$81 range<\/strong>. Analysts note that while lower energy prices offer significant relief to import-dependent economies like South Korea and Japan, the impact on domestic consumer prices may take two to three weeks to materialize. Major Korean blue-chips led the gains, with <strong>Samsung Electronics (<a href=\"\/stock\/005930\">005930<\/a>)<\/strong> rising <strong>4.96%<\/strong> and <strong>SK Hynix (<a href=\"\/stock\/000660\">000660<\/a>)<\/strong> jumping <strong>6.65%<\/strong>.<\/p>\n<h2>Geopolitical Tensions Persist in Eastern Europe<\/h2>\n<p>While Middle Eastern tensions eased, the conflict in Ukraine intensified as a massive wave of Russian ballistic missiles targeted the capital. The <strong>Kyiv-Pechersk Lavra<\/strong>, a <strong>UNESCO World Heritage<\/strong> site, suffered severe damage after the <strong>Assumption Cathedral<\/strong> was set ablaze by direct strikes. Local authorities reported at least <strong>two fatalities<\/strong> and <strong>20 injuries<\/strong> in Kyiv, while power was knocked out for approximately <strong>140,000 residents<\/strong>.<\/p>\n<p>In response to the strikes near its border, the <strong>Polish Armed Forces<\/strong> scrambled fighter jets and placed ground-based air defense systems on high alert. Polish officials later confirmed that the nation&#39;s airspace remained secure with no observed violations. The military operation concluded once the threat from Russian long-range aviation subsided, according to the <strong>Operational Command of the Polish Armed Forces<\/strong>.<\/p>\n<h2>Corporate and Currency Developments<\/h2>\n<p>In the currency markets, the <strong>Singapore Dollar<\/strong> and <strong>South Korean Won<\/strong> both strengthened as investors pivoted away from safe-haven assets like the U.S. Dollar. The <strong>Won<\/strong> opened at <strong>1,511.4 per dollar<\/strong> before gaining further ground, bolstered by the prospect of lower inflationary pressures from falling oil costs.<\/p>\n<p>Separately, <strong>Starbucks Korea (<a href=\"\/stock\/SBUX\">SBUX<\/a>)<\/strong> announced it will end operations early on <strong>June 22<\/strong> to conduct history education for all staff. The move follows a significant public backlash and the dismissal of its former CEO over a marketing campaign that was perceived as belittling the <strong>May 18 Gwangju Democratization Movement<\/strong>. Parent company <strong>Shinsegae Group<\/strong> confirmed the training would eventually expand to all <strong>E-Mart<\/strong> sector employees to restore consumer trust.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Asian equities skyrocketed on Monday, with the Nikkei 225 jumping over 5% and South Korea&#39;s KOSPI surging 5.02% 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