Instant View: Markets cheer deal but see staying elevated

June 15 (Reuters) - Stocks and bonds rallied and the dollar fell successful Asia commercialized connected Monday aft the U.S. and Iran agreed a bid woody to re-open the Strait of Hormuz and assistance a U.S. blockade connected Iran.

U.S. crude futures fell ‌more than 4%, S&P 500 futures roseate astir 0.8% and the dollar was down broadly, lifting the yen to 159.7 per ‌dollar and the euro to $1.1616.[MKTS/GLOB]

Here are marketplace analysts' comments connected the deal:

JASON WONG, SENIOR MARKETS STRATEGIST, BNZ, WELLINGTON:

"This has been good anticipated, that's wherefore I deliberation the marketplace absorption tin ​be beauteous good contained. What you spot connected your screens contiguous - we're astir apt astir of the mode determination now."

"It's a bully sign, hopefully we tin enactment this down america and absorption connected macro-economic forces...the marketplace volition presume things volition gradually instrumentality to normal. It's nary longer a hazard overhanging the market."

NICK TWIDALE, CHIEF MARKET STRATEGIST, ATFX GLOBAL, SYDNEY:

"I deliberation we'll spot the dollar autumn implicit the people of the adjacent fewer sessions. We'll astir apt spot immoderate ‌of the hazard currencies similar Aussie and yen admit ⁠a small bit. But I don't deliberation we're going to spot immoderate immense moves.

"There's going to beryllium a batch of hold and see, connected however rapidly the Strait truly reopens and however agelong it's going to instrumentality for ⁠oil travel to truly get backmost to normal. It's surely going to beryllium months alternatively than weeks.

"I don't deliberation we're going to spot $70 lipid excessively quickly."

KRISTINA CLIFTON, SENIOR CURRENCY STRATEGIST, COMMONWEALTH BANK OF AUSTRALIA, SYDNEY

"It's evidently bully quality for the planetary system that the Strait of Hormuz volition reopen. It has been our ​view, ​though, that it's going to instrumentality immoderate clip for lipid and state flows to ​restart successful full. Markets volition beryllium focused connected however ‌traffic is returning...and seeing however rapidly accumulation tin travel backmost online.

"It is our presumption that vigor prices are not going to spell backmost down to the levels that they were pre-conflict for rather immoderate time...and it's going to instrumentality a portion for postulation to spell backmost to mean arsenic well."

MAHJABEEN ZAMAN, HEAD OF FX RESEARCH ANZ, SYDNEY:

"This bully quality has been expected for immoderate clip now, and markets person been inching, waiting, with immoderate of the affirmative vibe already embedded successful pricing.

"Looking astatine cyclical FX, I deliberation determination is country for upside from wherever it is close now. ‌You whitethorn spot (oil) interruption $80 connected just, you know, blessed days today...but past possibly the ​market volition realise that, oh, hold a minute, possibly the presumption of the woody ​may not beryllium arsenic lucrative. We besides deliberation that lipid prices ​will stay a small spot connected the higher broadside lone due to the fact that infrastructure has been damaged."