Markets live: ASX set to rise on US-Iran peace hopes, Wall St lifts on SpaceX IPO debut

Global stocks rallied on Friday amid optimism about a peace deal between the US and Iran, as well as strong demand for SpaceX shares when they commenced trading in the US.

The ASX looks set to join the rally when markets open this morning, ahead of tomorrow’s RBA rates decision.

Follow the day’s financial news and insights from our specialist business reporters on our live blog.

Disclaimer: this blog is not intended as investment advice.

Mon 15 Jun 2026 at 6:51am

Market snapshot

  • ASX 200 futures: +0.4% to 8,853 points
  • ASX 200 (Friday): +2.0% to 8,804 points
  • Australian dollar: -0.1% to 70.43 US cents
  • Wall Street (Friday): S&P500 +0.5%, Dow +0.7%, Nasdaq +0.3%
  • Europe (Friday): Dax +1.8%, FTSE +1.6%, Eurostoxx +2.1%
  • Spot gold: +0.1% to $US4,219/ounce
  • Oil: Brent futures -3.4% to $US87.33/barrel, WTI futures -3.2% to $U84.88/barrel
  • Iron ore (Dalian, Friday): -0.3% to $US113.00/tonne
  • Copper (LME, Friday): +1.5% to $US13,687/tonne
  • Bitcoin: –0.4% at $US63,995

Prices current at around 7:00am AEST

Mon 15 Jun 2026 at 6:49am

Good morning

 Good morning and welcome to another day on the ABC markets and finance blog.

Stephen Letts from ABC business team limbering up for a blow-by-blow coverage of the day’s events, where every post is hopefully a winner, but none should be construed as financial advice.

In short, the ASX it looks like the ASX will continue its recent mini rally on the back of a solid rise on Wall Street’s Friday close, fuelled by renewed hopes of a Middle East peace deal and the successful SpaceX IPO launch.

ASX 200 futures are pointing to a gain of 0.4%.

As always, the game’s afoot, so let’s get blogging.

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