(Bloomberg) -- Traders in Asia turned their focus to policy calls from the Reserve Bank of Australia and the Bank of Japan after a US-Iran deal to reopen the Strait of Hormuz fueled a relief rally across global financial markets on Monday.

The Australian dollar is rising after Donald Trump confirmed a deal has been reached with Iran, saying the Strait of Hormuz will open. Follow the day's events and insights from…

June 15 : Stocks and bonds rallied and the dollar fell in Asia trade on Monday after the U.S. and Iran agreed a peace deal to re-open the Strait of Hormuz and lift a U.S. blockade…

Asian stocks saw a modest rise, following a rally on news of a peace deal between Iran and the U.S. Investors are now focused on central bank decisions, including an anticipated…