{"id":75720,"date":"2025-06-24T11:09:25","date_gmt":"2025-06-24T11:09:25","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=75720"},"modified":"2025-06-24T11:09:25","modified_gmt":"2025-06-24T11:09:25","slug":"morning-update-24-06-2025","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=75720","title":{"rendered":"Morning Update | 24.06.2025"},"content":{"rendered":"<p>\ud83d\udd4a\ufe0f President Trump has announced a \u201ccomplete and total\u201d ceasefire between Israel and Iran, ending what he called the <em>12-day war<\/em>. He praised both nations for their courage and intelligence.<\/p>\n<p>\ud83d\udcc8 The news broke after U.S. markets had closed on Monday\u200a\u2014\u200aS&amp;P futures rose, and oil prices\u00a0dropped.<\/p>\n<p>\ud83c\udf0f Today, Asia-Pacific indices are gaining too, while oil and the U.S. dollar are sliding sharply as the Middle East ceasefire holds.<\/p>\n<p>\u23f0 The truce was due to start at 04:00 GMT, but Iran insisted on 04:00 Iran Standard Time (00:30 GMT). Before that, Israel launched heavy strikes on Tehran with bunker-busting bombs. Iran fired IRST missiles shortly after 04:00 GMT, technically breaching the truce\u200a\u2014\u200abut markets stayed\u00a0calm.<\/p>\n<p>\ud83c\uddee\ud83c\uddf7 Iranian media called the missile strikes a <em>final blow<\/em> before the ceasefire took effect. Reports say Israel halted fire by 00:30 GMT, yet Iran continued briefly.<\/p>\n<p>\ud83d\udee2\ufe0f WTI crude dropped $11 as fears of supply disruptions faded. U.S. stock indices are up 0.50\u20130.80% today, close to record\u00a0highs.<\/p>\n<p>\ud83d\udcc9 Trump\u2019s truce announcement helped push oil prices lower. It later emerged the U.S. had advance knowledge of Iran\u2019s plans, hinting the last attacks were coordinated.<\/p>\n<p>\ud83e\udd1d Israel agreed to stop on the condition Iran would not escalate further. According to the White House, both sides are now sticking to the\u00a0truce.<\/p>\n<p>\ud83c\uddf0\ud83c\uddf7 In South Korea, June\u2019s consumer sentiment index rose to 108.7, the highest since June 2021, while inflation expectations fell to 2.4%, the lowest since October\u00a02021.<\/p>\n<p>\ud83d\udcb6 Meanwhile, HSBC has lifted its EUR\/USD forecast to 1.20 by end-2025, pointing to accelerating global dedollarisation.<\/p>\n<p><a href=\"https:\/\/medium.com\/coinmonks\/morning-update-24-06-2025-d21b2e350d1a\">\ud83c\udf05 Morning Update | 24.06.2025<\/a> was originally published in <a href=\"https:\/\/medium.com\/coinmonks\">Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":"<p>\ud83d\udd4a\ufe0f President Trump has announced a \u201ccomplete and total\u201d ceasefire between Israel and Iran, ending what he called the 12-day war. He praised both nations for their courage and intelligence. \ud83d\udcc8 The news broke after U.S. markets had closed on Monday\u200a\u2014\u200aS&amp;P futures rose, and oil prices\u00a0dropped. \ud83c\udf0f Today, Asia-Pacific indices are gaining too, while oil [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-75720","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/75720"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=75720"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/75720\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=75720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=75720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=75720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}