Asian markets are trading mixed on Thursday, following the negative cues from Wall Street overnight, on news that US President Donald Trump digitally signed an interim peace deal with Iran to end the war with Iran and reopen the Strait of Hormuz. Concerns remain about the outlook for interest rates after the US Fed left interest rates unchanged, but projected rates could be higher by year-end. Asian markets closed mixed on Wednesday.
The Australian market is trading modestly lower on Thursday, snapping a four-session winning streak, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness mining stocks partially offset by gains in energy and financial stocks.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.