Highlights:

• BOJ Holds Rates Steady as Iran Conflict Clouds Economic Outlook — The Bank of Japan kept its policy rate unchanged amid uncertainty surrounding the Middle East conflict. Bloomberg Economics

• Japan's Katayama Says Ready to Take Action on Forex at Any Time — Japan's finance minister signaled authorities are prepared to intervene against currency moves as traders test the dollar's strength against the yen. Bloomberg Economics

• Fed Holds Rates Steady, Projects One Rate Cut in 2026 — The Federal Reserve maintained interest rates and signaled one cut expected for the year. Bloomberg Politics

• ECB to Hold as It Weighs War's Inflation Threat — The European Central Bank is keeping rates unchanged while assessing inflation impacts from the Iran conflict. Bloomberg Economics

• Iran War Puts Bank of England in Holding Pattern — The Bank of England is skipping an expected rate cut to pause and assess Middle East disruption effects. Bloomberg Economics

• China Rate Markets Signal Cooling Bets on Deflation, PBOC Easing — China's interest rate markets show reduced expectations for further monetary easing amid renewed economic optimism and elevated oil prices. Bloomberg Economics

• Brazil's Modest Rate Cut Seen Supporting Real, Easing Yields — Brazil's cautious approach to rate cuts is expected to support the local currency and ease short-term yield pressure. Bloomberg Economics

• Yen Nears 160 Per Dollar, Japanese Stocks Fall Ahead of BOJ — The yen approached 160 against the dollar while Japanese stocks and bond futures declined ahead of the Bank of Japan's decision. Bloomberg Economics