Overview
Australian shares are set to open sharply higher, tracking a surge in New York after US President Donald Trump said in a social media post that “all parties” involved in the Middle East conflict approved a deal.
Trump later told reporters at the White House that he expected a signing ceremony to take place in Europe this weekend, and that the Strait of Hormuz will reopen afterwards.
Source: https://www.afr.com/markets/equity-markets/asx-to-rise-wall-st-surges-on-potential-peace-agreement-20260612-p60657