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Golden Ten Data reported on June 4 that, according to foreign media, sources say the Bank of Japan is considering raising interest rates in June and may raise rates again in 2026. Following this news, the USD/JPY exchange rate briefly dropped by nearly 40 points, and is now quoted at 159.85.

Golden Ten Data reported on June 4 that copper and aluminum prices continued to fall, as Trump persisted in his difficult efforts to reach a peace agreement with Iran, while a pullback in tech stocks also weighed on market sentiment. Israel and Lebanon have agreed to a conditional ceasefire, which could be a possible step toward a broader resolution of the Middle East conflict. However, this outlook remains uncertain as it depends on Hezbollah stopping the fighting. Metal prices gave back some of their sharp gains from earlier this week. Analysts at ING stated in a report: “Recent price trends may remain sensitive to macro risks, and uncertainty in the Middle East poses a headwind.” The pullback in the stock market (especially tech stocks) could also intensify the pressure metals are facing. Copper has benefited from investors’ enthusiasm for AI trading, as this metal is used in power infrastructure. After the S&P 500 ended a nine-day winning streak, the KOSPI — a bellwether for AI — fell as much as 2.6% on Thursday.

BlockBeats News, June 4th, according to sources familiar with the matter, Bank of Japan officials plan to discuss raising the benchmark interest rate by 25 basis points this month and assess the possibility of further rate hikes later this year. The sources stated that at the policy meeting concluding on June 16th, the Bank of Japan is highly likely to deliberate raising the policy rate to 1%. Officials believe that the current real interest rate remains low, and the risk of inflation continues to rise, providing room for further rate hikes. Due to the high uncertainty in the Middle East situation, central bank officials will continue to analyze various data and information until the last minute before finalizing the decision. The sources indicated that there may be some opposing views on the rate hike during the policy meeting, but they are not sufficient to change the decision to raise interest rates. Another key agenda of this meeting is the Bank of Japan's latest plan to reduce bond purchases. Sources revealed that officials are inclined to slow down the current pace of bond reduction starting from April next year.