empty
 
 

2026.06.1603:55:35UTC+00Nikkei Turns Higher After BOJ Decision

The Nikkei 225 Index climbed 0.9% to above 69,900 on Tuesday, reversing earlier losses and setting a new record high after the Bank of Japan implemented a widely anticipated 25 basis point interest rate hike to 1%. The decision underscored policymakers’ determination to tackle inflationary pressures associated with the Iran conflict and to bolster the persistently weak yen. Still, the move was not unanimous: some policymakers opposed the increase, with Toichiro Asada arguing that downside risks to growth and employment outweighed upside risks to inflation.

Market participants also tracked geopolitical developments amid expectations that the US and Iran will sign a peace agreement in Switzerland on Friday, a move that could pave the way for reopening the Strait of Hormuz. Technology stocks led the advance, with notable gains from Kioxia Holdings (4.4%), Taiyo Yuden (6.2%), Murata Manufacturing (5.9%), Advantest (3.1%), and Fujikura (8.8%).

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In June we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback