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Indonesia's Ministry of Foreign Affairs welcomed the US-Iran peace agreement, considering it a positive development.

On June 15th, Morgan Stanley strategists stated that US stocks may receive an additional boost from fund rotation towards cyclical, economically sensitive sectors that have underperformed during the Iran war. The team, led by Michael Wilson, pointed out that reports of increased traffic in the Strait of Hormuz, along with signs that the drag on stocks from interest rates, oil prices, and the dollar may be easing, could propel undervalued stocks into the market's leading ranks, after the previous rally was heavily concentrated in high-growth technology stocks. The S&P 500 is currently only about 2% away from its all-time high. Wilson stated that the recent pullback in US stocks was primarily led by memory chip stocks due to slowing earnings momentum, rather than a deterioration in fundamentals. Such pullbacks are common in bull markets driven by earnings growth, following a strong upward trend. Wilson said, "There may still be more volatility in the market in the coming weeks, but our confidence in the current bull market remains intact."

ECB Governing Council member Pereira: So far, the second-round effect has not yet appeared.

According to Interfax news agency, Russia claims its troops have captured Artema in the Donetsk region of Ukraine.

ECB Governing Council member Pereira: There is no point in speculating on future ECB interest rates.

June 15th - The sixth meeting of the China-Switzerland Joint Economic and Trade Commission's Watch Cooperation Working Group was held in Shanghai on June 10th. The Swiss delegation consisted of representatives from the Swiss Federal Office for Economic Affairs, the Federation of the Swiss Watch Industry, the Swiss Embassy in China, and the Swiss Consulate General in Shanghai. The Chinese delegation comprised representatives from the Ministry of Industry and Information Technology, the Ministry of Commerce, the China Horological Association, the Guangdong Provincial Watch Industry Association, the Shenzhen Watch Industry Association, the Watch Business Branch of the China Commercial Enterprises Management Association, and leading domestic watch companies. At the meeting, both sides engaged in in-depth discussions on topics such as economic and technological cooperation in the watch sector during the negotiations to upgrade the China-Switzerland Free Trade Agreement, matters related to the upgrade of the Memorandum of Understanding on establishing a Watch Cooperation Working Group under the framework of the China-Switzerland Joint Economic and Trade Commission, joint training for watch industry professionals, leveraging exhibition platforms to promote bilateral exchange and cooperation, strengthening intellectual property protection, and repair services for customized watches. A series of consensuses were reached, and work items for joint implementation in the next stage were identified. Both China and Switzerland agreed to continue to leverage the role of the watch cooperation working group, further strengthen exchanges and cooperation between the watch industries of China and Switzerland, and promote the watch industries of both countries to a new stage of development.

Hong Kong Gold Industry Group (02623.HK): The Board hereby announces that the trading unit of the Company's shares on the Hong Kong Stock Exchange will be changed from 2,000 shares to 500 shares, effective from 9:00 a.m. on Wednesday, 8 July 2026.

Citigroup lowered its price target for Adobe (ADBE.O) from $264 to $228.

June 15th - According to channel sources, the current shortage of MLCCs is no longer limited to AI-related MLCCs; demand for most specifications is insufficient. Passive component manufacturer Walsin Technology pointed out that the most scarce specification is currently 47μF. Due to high-end AI-related orders squeezing the production capacity of Japanese and Korean manufacturers, even high-capacitance 10uF, 22uF, and X5R MLCCs used in mobile phones and PCs are affected. This MLCC shortage is expected to continue until 2027 or even 2028, potentially exceeding the passive component shortage wave of 2018.

On June 15, the Russian Ministry of Defense reported that its air defense systems intercepted and destroyed 123 Ukrainian drones in multiple locations, including the Moscow and Belgorod regions, overnight. The Ministry also stated that in response to the Ukrainian attacks, the Russian military launched a large-scale strike using long-range precision-guided weapons and attack drones, targeting military industrial facilities and military airfields in Kyiv, Kharkiv, and Dnipropetrovsk. The Ukrainian Air Force reported on June 15 that from 6 PM on June 14 to the early morning of June 15, Russian forces launched a large-scale attack on multiple locations in Ukraine. The Ukrainian military recorded 681 incoming targets, including six Zircon hypersonic cruise missiles, dozens of other missiles, and 611 drones. By 8 AM that day, the Ukrainian military had shot down and electronically suppressed 632 targets.

The Turkish Foreign Minister spoke with the Iranian Foreign Minister to discuss the US-Iran agreement.

On June 15th, the Guangdong Provincial Government and China Southern Power Grid Company signed a framework agreement in Guangzhou for comprehensive and in-depth strategic cooperation during the 15th Five-Year Plan period. According to the agreement, the Guangdong Provincial Government and China Southern Power Grid Company will conduct comprehensive and high-level pragmatic cooperation in areas such as building a new energy system and a new power system; constructing a new power grid with coordinated main, distribution, and micro-power systems; guiding the green and low-carbon transformation of the whole society's production and lifestyle; building a globally influential energy and power technology industry center; and deepening energy and power system reform and safety governance. This cooperation aims to accelerate the construction of China Southern Power Grid Company into a world-class enterprise and better support Guangdong in taking the lead in advancing China's modernization.

RIA Novosti, citing the Russian embassy, reported that there were no Russian crew members on the oil tanker seized by Britain.

Fitch Ratings: The shadow of the US-Iran conflict looms over the European industry outlook.

June 15th - Strategists at UniCredit Investment Research Institute stated that following the interim peace agreement between the US and Iran, the market lowered, but did not completely eliminate, expectations of a Federal Reserve rate hike, thus limiting the dollar's decline. Data from the London Stock Exchange Group shows that the market sees a 68% probability of a 25 basis point rate hike in December, fully reflecting expectations of action by March next year. These strategists stated that a rate hike is still possible, which should make the dollar's decline less dramatic compared to other assets, primarily oil prices. This is only an interim agreement, laying the groundwork for a new 60-day round of negotiations on the fate of Iran's nuclear program.

According to a Hong Kong Stock Exchange announcement, Tencent Holdings (00700.HK) repurchased 1.1 million shares on June 15, at a cost of HK$500.7 million.

Indian trade official: The Indian delegation is currently in the UK and aims to resolve all issues and ensure the implementation of the agreement.

Indian trade officials: There are some issues with the trade agreement with the UK, which are being resolved.

On June 15th, Capital Economics stated in a report that while the interim peace agreement between the US and Iran is fragile, it will reduce the risk of more severe macroeconomic and market scenarios in the coming months. The firm's chief economist, Neil Shearing, expects oil supplies through the Strait of Hormuz to take time to return to normal, as tankers are still not in place and production and refining facilities have not yet returned to full capacity. The agreement will not prevent inflation from rising in the short term, nor will it shield global economic growth from a downturn in the third quarter. "The global economy is likely to face a period of below-trend growth in the third quarter, rather than a recession," Capital Economics added. However, by the end of 2026 or 2027, GDP growth rates outside the Gulf states should recover to pre-war levels of 3%.

The China Earthquake Networks Center officially measured a 6.2-magnitude earthquake in the Philippine archipelago at 17:18 on June 15, with a focal depth of 90 kilometers.