Daily Report | June 15

(1) US and Iran reach agreement

Donald Trump announced on social media that an agreement has been reached with Iran.

The agreement includes lifting the maritime blockade of Iranian ports, opening the Strait of Hormuz, easing sanctions, and Iran halting nuclear enrichment activities.

The formal signing ceremony is scheduled for June 19, with Vice President Pence or Trump attending.

However, Israel's stance remains firm, refusing to withdraw troops.

Overall, this is good news. Oil prices have already plummeted, and the expectation of rate hikes has decreased from 65% to 35%.

If the agreement is smoothly signed on the 19th, the market is likely to rally again; but if not signed, a short-term correction may occur.

(2) Two key dates to watch

June 16: The Bank of Japan's monetary policy meeting results will be announced. The market expects a rate hike to 1%. If the result is more hawkish than expected, it will be a major negative, so watch out for risks.

June 19: The US-Iran agreement signing ceremony. If signed smoothly, risk assets may continue to rebound; if not, a decline is certain, and I believe there will be repeated fluctuations.

(3) How to operate now

Currently, major positive news is gradually materializing: US-Iran agreement, SpaceX IPO funds unfreezing, oil prices falling, and rate hike expectations significantly cooling.

Serenity, the legendary white-haired stock guru, also publicly stated that it is not advisable to continue being bearish at this time.

Funds looking to bottom fish can continue to hold, and decide whether to add positions after the US-Iran agreement is reached or the Bank of Japan's meeting results are announced. #btc #eth