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June 23, 2026

Australian Morning Focus

Daily UpdateEquitiesRates Govt BondsFXEnergy

Global markets were mixed as US Treasury yields climbed and energy prices fell following reports of progress in US-Iran talks. Additionally, UK Prime Minister Keir Starmer announced his resignation.

Key Takeaways

  • 1.Iran and the US have reported major progress in talks, leading to a partial lifting of oil export restrictions.
  • 2.UK Prime Minister Keir Starmer has announced his resignation, with Andy Burnham expected to be his successor.
  • 3.Global equity markets were mixed while US Treasury yields increased as markets price in a more hawkish Fed.

Table of Contents

  • Highlights
  • Today (AEST)
  • Global markets overview
  • Data/event pulse
  • Key themes and views
  • Market at 6:45am today
  • Key data releases
  • What's ahead today
  • Commodities
  • Important Notice

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Authors

Sophia AngalaBrian MartinDaniel Hynes

Securities

S&P 500WTI Crude Oil

Themes

Geopolitical De-escalationPolitical TransitionMonetary Policy Hawkishness

Regions

GlobalAsia PacificUnited StatesIranUnited Kingdom