investingLive Asia-Pacific FX news wrap: BOJ hikes as expected, taper pause ahead

BOJ hikes to 1%, pauses bond taper from April 2027 and flags inflation overshoot risk Bank of Japan 25bp rate hike to 1%, as widely expected Goldman cuts Brent forecast to $80 for 2026, $75 for 2027 on Hormuz deal China May data: industrial output beats but retail sales post first fall since 2022 BOJ set to hit 1% but vote split, bond taper pause and July signals are the real story China data May 2026: Industrial output +4.5% y/y (expected +4.2%) China house prices May 2026 -3.5% y/y (prior -3.5%) Oil price path to the $60s pre-war levels could take years despite Hormuz deal, analysts PBOC sets USD/ CNY mid-point today at 6.8108 (vs. estimate at 6.7605) JGBs steady, Nikkei eases from record high as BOJ rate decision looms GM in talks with Lockheed to make weapons parts as Pentagon seeks to restock Analysts back Iran deal as oil price catalyst but warn peace dividend won't be instant BOJ hike certain, RBA and Fed on hold as Iran deal reshapes central bank outlook New Zealand data: May 2026 Food Price Inflation +1.0% m/m (prior flat at 0%) Hedge funds dust off pre-war playbooks as Iran deal reshapes market outlook - noodle pivot Barclays sees gold hitting $4,900 as Iran-driven correction fades Bank of Japan today - preview - set to lift rates to 31-year high as Iran deal clouds path Explosions heard in the Strait of Hormuz Hormuz reopening road map: mines, insurance and stranded ships slow the path for oil flow Hormuz reopening framework a fragile first step, says S&P Global - BOJ hikes to 31-year high as Iran deal lifts regional sentiment Bank of Japan raised its policy rate to 1%, a 31-year high, and announced a pause in JGB tapering from April 2027; the yen barely...