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BlockBeats News, June 15th, Ben May and Bridget Payne from the Oxford Institute of Economic Research stated in a report that despite possible future setbacks, the US-Iran agreement has reduced the continued decline in oil inventories, ultimately leading to a surge in global energy prices and the risk of an economic recession. However, they noted that this does not automatically mean that the volume of oil flowing through the Strait of Hormuz will increase faster than previously expected. "We originally assumed that shipping through the Strait of Hormuz would resume by the end of July. Nevertheless, our current short-term oil price forecast still appears to be on the high side." They added that the reopening of the Strait of Hormuz is likely to help reduce inflation but has limited potential to boost economic growth. Therefore, this development further strengthens their view that the Federal Reserve and the Bank of England will not raise interest rates, and other central banks that have already raised rates will not do so again. (FXStreet)

On June 15, Morgan Stanley stated that the upward structure of the US stock market may be changing, with funds expected to flow from the highly valued technology sector to a broader range of cyclical industries. The strategy team led by Michael Wilson noted that as geopolitical risks ease, oil prices decline, and pressures on interest rates and the dollar lessen, the market environment is gradually becoming favorable for the performance of economically sensitive assets, which may present opportunities for sectors that have previously underperformed to catch up. The report indicated that the recent rally in US stocks has primarily focused on technology stocks, but cyclical industries (including discretionary consumer goods, transportation, and regional banks) are still underrepresented, indicating potential for capital inflow. Recent expectations surrounding the easing of US-Iran tensions and improvements in passage through the Strait of Hormuz have also boosted market risk appetite. Karen Ward, a strategist at JPMorgan Asset Management in Europe, similarly pointed out that falling oil prices could become an important support factor for the stock market and may encourage global central banks to further shift towards easing policies. She anticipates that oil prices may fall to around $70 per barrel in the short term. Additionally, the Deutsche Bank strategy team believes that the long-term relative advantage of US stocks may weaken, while the European market, with a higher proportion of cyclical stocks, presents relative attractiveness. Overall, institutions generally believe that if geopolitical risks continue to cool and inflation declines, the US stock market may transition from a 'tech-dominated structural market' to a 'more balanced cyclical rotation market.'

BlockBeats News, June 15th, according to Bitget market data, driven by market sentiment, cryptocurrency-related stocks experienced a significant rebound, including: MSTR rose by 9.80%; an exchange rose by 7.41%, CRCL rose by 9.17%; SBET rose by 9.64%; BMNR rose by 8.69%; HOOD rose by 7.01%, HYPE's financial services company PURR rose by 8.02%.