investingLive Asia-Pacific FX news wrap: RBNZ hold, Oz headline CPI softer, BoJ spadework

RBNZ Gov Breman says all policy setters agree on hikes, but not on timing BOJ signals loose conditions persist as Ueda lays groundwork for rate hike ahead Australia April CPI slows to 4.2% but core inflation creeps to highest since 2024 NZD jumps - RBNZ holds OCR at 2.25% by casting vote as committee splits 3-3 on rate hike RBNZ leaves its cash rate on hold at 2.25%, as widely expected China data, YTD (January - April) Industrial profits +18.2% y/y (prior +15.5%) Australian April CPI: Headline 4.2% (expected 4.4%, prior 4.6%) PBOC sets USD/ CNY mid-point today at 6.8291 (vs. estimate at 6.7883) Oil slips in Asia as Hormuz deal hopes offset renewed Iran hostilities UNCONFIRMED - Al Jazeera says a deal is done, signing to come Ueda opens BOJ conference with warning that temporary oil shocks can become persistent Japan April Services PPI (Corporate Services Price Index) 3% y/y (f'cast 3.3%, prior 3.1%) BOJ opens two-day IMES conference on monetary policy, global central bank cast: Fed, RBA Musk discussed merging SpaceX and Tesla as rocket company prepares Nasdaq debut NAB joins CBA and Westpac in flagging firm Australian underlying inflation for April Australia April CPI preview: Analysts split as conflict costs filter through. Citadel Securities warns Fed risks falling behind curve as inflation threat grows TD Securities holds bearish dollar view despite stronger US data and Iran conflict investingLive Americas FX news wrap 26 May:Records Set on War Risk Fade, Chips Surge ICYMI - Bank of France governor vows ECB will do whatever it takes to contain inflation A knife-edge RBNZ decision, firming BOJ hike signals and stubborn core inflation kept markets busy across a session heavy with central bank newsflow. Central banks dominated The session's centrepiece was the RBNZ's Monetary Policy Statement, which delivered a hold by...