Global equity markets rallied aggressively during overnight trading on June 18, 2026. The rally occurred as Japan's benchmark Nikkei 225 index closed above 71,000 for the first time in history.
The Nikkei 225 reached a high of 71,398.58 during trading on June 18, 2026. The index finished at 71,053.49 by the end of the session.
Investor risk appetite surged across continents following the landmark signing of a permanent peace agreement framework between the United States and Iran at Versailles. Sources reported this event as a historic U.S.-Iran Peace Accord that pushed crude oil prices below $80 per barrel.
The agreement reportedly includes a 60-day ceasefire and the reopening of the Strait of Hormuz, according to reports from June 18, 2026.
Crude oil prices dropped following the announcement. Brent crude traded around $76-$78 per barrel on June 18, 2026.
Some analysts suggested that while oil prices fell, much of the geopolitical risk premium had been removed and supply concerns could support prices in the longer term. These views were reported by market observers during trading hours.
The Federal Reserve kept interest rates unchanged on June 18, 2026. Officials indicated further rate hikes were possible in 2026. This decision contributed to negative market reactions in some regions alongside the broader rally.
U.S. President Donald Trump stated that the deal was a major win for the United States and would prevent a worldwide depression, according to reports released on June 18, 2026.
Iran's chief negotiator, Mohammad Bagher Ghalibaf, described the agreement as a record of US failure. This statement was reported by sources covering the event in Versailles.
Israel's military stated that its forces would remain in Lebanon and continue operations against Hezbollah despite the peace framework between the United States and Iran. The report noted these statements were made alongside news of the accord.
The yen weakened against the dollar, trading at approximately 160.6 to the dollar by the end of trading on June 18, 2026. This level was reported as its weakest point in about 23 months.