Finance

Energy markets saw a notable cooldown as crude oil prices fell to approximately $73 per barrel, nearing pre-war levels following a preliminary peace agreement between the U.S. and Iran. The cessation of hostilities in the Strait of Hormuz has eased immediate supply fears, although analysts note that inflationary pressures from the four-month conflict may still impact corporate costs with a lag.

The 10-year Treasury yield rose to 4.40% on the final day of June after May job openings data significantly exceeded economist expectations. This unexpected strength in the labor market has reinforced the Federal Reserve's hawkish stance, leading many investors to price in further interest rate hikes by the end of the year.

Cryptocurrency markets faced persistent downward pressure at the end of June, with Bitcoin slipping below the $60,000 threshold and testing critical support levels. The decline has been fueled by record-high monthly outflows from spot Bitcoin ETFs, totaling over $4 billion, as investor capital rotates toward selective mid-cap digital assets and traditional tech equities.