Asian stock markets remained stable on Monday, June 16, 2025, despite escalating tensions in the Middle East following Israel’s military strikes on Iranian facilities. Investors are cautiously monitoring the situation, as well as upcoming central bank meetings that could influence global monetary policy.
Japan’s Nikkei 225 index rose by 1.2%, while South Korea’s KOSPI gained 1.3%. China’s CSI 300 index edged up by 0.1%, supported by stronger-than-expected retail sales data showing a 6.4% increase in May. These gains suggest investor confidence in the region’s economic resilience despite geopolitical uncertainties.
Oil prices continued to climb, with Brent crude reaching $74.95 per barrel and U.S. crude at $73.82 per barrel. The rise in oil prices is attributed to concerns over potential disruptions in supply due to the conflict between Israel and Iran.
Central banks in Norway, Sweden, Switzerland, and Japan are scheduled to hold meetings this week. The Federal Reserve is also set to meet, with expectations that it will maintain current interest rates amid inflationary pressures exacerbated by rising oil prices.
Investors are also awaiting U.S. retail sales data and jobless claims reports, which could provide further insights into the health of the global economy. Currency markets remained relatively calm, with the U.S. dollar holding steady against major currencies.
