Monthly Market Update (June)
June 2025 saw the financial markets navigate significant macroeconomic and geopolitical turbulence while still achieving notable milestones. Macroeconomic uncertainties was accentuated by a sudden Middle East crisis as hostilities escalated between Israel and Iran, threatening oil supply via the Strait of Hormuz. However, after 12 days of airstrikes that saw the United States also participating in the attack against Iran, Israel and Iran have agreed to a ceasefire which momentarily lifted market sentiments.