Morning Juice – US Session Prep (15th June)

Sentiment
US Treasuries rallied across the curve while the dollar fell after the US and Iran reached an interim agreement to reopen the Strait of Hormuz, boosting optimism that energy flows will normalize and easing inflation concerns.

The US and Iran said they have reached an interim agreement to reopen the Strait of Hormuz, halting a war that killed thousands and setting the stage for 60 days of negotiations over the future of Tehran’s nuclear program. The framework includes reopening the key energy shipping route and extending the ceasefire while broader talks continue.

Docket
09:45 ET
US Industrial Production for May
Forecast: 0.3% | Prior: 0.7% | Range: 0.5% / -0.1%

Speakers & Events
10:00 ET
ECB’s Kocher Speaks

11:30 ET
Trump meets France’s President Macron

13:00 ET
Trump participates in G7 greeting

13:30 ET
Trump participates in a G7 Leaders’ Working Dinner

Good luck!