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The Bank of Japan held its policy rate at 0.5% but two board members voted for a 25bp hike, and the bank announced it would sell ETFs and J-REITs. ING expects an October rate hike as the most likely timing.
Tighter Japanese policy expectations support the yen, which can modestly weigh on dollar-priced US feed commodity exports to Japan.
think.ing.comMin Joo Kang, Chris TurnerOct 1, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
