Japan Market Daily | Kabutaro & Friends

On June 21, 2026, while major global financial markets were closed for Sunday, the financial landscape retained a strong risk-on sentiment following the official signing of the U.S.-Iran ceasefire agreement and resilient U.S. economic data from the previous week. In recent equity trading, the Nikkei 225 settled at its historic high of 71,250.06 yen, while Wall Street saw the S&P 500 hovering in the 7,430s and the Dow Jones around the 51,200 level. In the FX market, the USD/JPY cross remained locked in a deep weak-yen zone between 161.10 and 161.20 yen, driven by persistent dollar demand amid widening yield differentials and expectations of extended high U.S. interest rates. In commodities, WTI crude futures maintained a downward trajectory in the 84-dollar range per barrel as geopolitical anxieties eased, helping to mitigate global inflationary pressures ahead of the upcoming trading week.