Daily Macro Global

BoJ resolved YES at 1.0% — highest since 1995. The June 16 BoJ hike is confirmed: 7-1 vote (+25bp to 1.0%), board member Asada the sole dissent. Strategists call it an 'inflation worries hike' — Bloomberg headline. Simultaneously: FOMC Day 1 (Warsh presser June 17), Iran deal signing June 19. Three seismic events in 72 hours. Global divergence sharpens: BoJ hiking (1.0%), ECB on pause at 2.25%, Fed on hold at 3.5-3.75% but signaling possible H2 hike. Yen strengthened on the BoJ decision. Nikkei at record 69K. Japan 10Y JGB rose to 2.54% — highest since 1997. Post-BoJ, the Sep 2026 second-hike opportunity is now the primary global rates watch. Bloomberg confirmed on Jun 4 that the BoJ is mulling June hike with 'another possible in 2026.'