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Russia's Ministry of Defense announced it shot down 326 Ukrainian drones on the night of June 9.

The Nikkei 225 index's intraday decline has reached 2.00%.

In a report on June 10, Bank of America (BofA) analyzed that the Bank of Japan's (BOJ) pace of interest rate hikes could be more gradual than what inflation forecasts demand. BofA projects the BOJ will implement a 25 bp hike in October of this year, followed by further increases in March and July 2027, ultimately raising the terminal rate to 1.75% by the end of 2027. However, the report noted that this gradual approach risks the BOJ falling behind the inflation curve. It added that if inflationary pressures prove stronger than expected, the BOJ may need to raise rates faster or set a higher terminal rate to return inflation to its target.

The Bank of Japan (BOJ) is expected to raise its benchmark interest rate to 1.25% in the fourth quarter of this year, according to a Reuters survey. The forecast remains unchanged from the survey conducted in May.

A Reuters survey found that 94% of economists expect the Bank of Japan (BOJ) to raise its key interest rate to 1.00% in June. This represents a significant increase from the 65% who held the same view in a May survey.

The Bank of Japan (BOJ) is forecast to raise its benchmark interest rate to 1.50% by the second quarter of 2027, according to a Reuters survey. This projection is one quarter earlier than the forecast from a May survey, which had anticipated the rate hike occurring in the third quarter of 2027.

Japan's TOPIX index fell more than 1%.

The bid-to-cover ratio for Japan's 30-year government bond auction came in at 2.94, down from 3.49 in the previous auction.

Two industrial facilities in Russia's Vladimir Oblast have caught fire following a drone attack, Interfax news agency reported, citing the region's governor.

Chinese government bond futures closed lower across all maturities in the morning session today. The 30-year bond fell by 0.20%, the 10-year by 0.08%, the five-year by 0.06%, and the two-year by 0.03%.

A U.S. official said the U.S. military struck around 20 targets inside Iran.

U.S. authorities announced that, according to initial assessments, nearly all missiles and drones launched by Iran were intercepted. To date, no reports have been received of U.S. military casualties or damage to U.S. facilities.

The Jordanian military intercepted and shot down five missiles launched from Iran toward Azraq, Jordanian state TV reported. Debris fell during the interception, but no casualties or property damage were reported.

Spot gold prices fell more than 2% to an 11-week low as a concurrent surge in the U.S. dollar and oil prices, fueled by the resumption of military conflict between the United States and Iran, stoked fears of inflation and interest rate hikes. The U.S. struck Iran on June 9 after President Donald Trump announced that Iran had shot down a U.S. Apache helicopter in the Strait of Hormuz. The incident has deepened market skepticism about a potential peace agreement and further strained an already fragile ceasefire. Ilya Spivak, head of global macro at research firm Tastylive, said the key drivers putting downward pressure on gold are changing expectations for Federal Reserve policy, rising Treasury yields, and a stronger dollar. He added that if gold prices fall below the $4,100 level, the support structure would fundamentally change, potentially targeting the next support level of $3,500 by the end of the year. Markets are now closely watching the release of key U.S. inflation data for clues on the Fed's monetary policy direction.

Sun Lei, China's Deputy Permanent Representative to the UN, stated on June 9 that the Security Council's review of the Iran nuclear issue has already concluded. He made the remarks during a UNSC open meeting where Russia had called for a procedural vote. Sun pointed out that the Security Council never reached an agreement on whether the E3 (UK, France, and Germany) were qualified to trigger the "snapback" mechanism for automatically restoring sanctions. He emphasized that with the expiration of UNSC Resolution 2231 on Oct. 18, 2025, the council's deliberations on the matter have ended. He criticized certain countries for pushing to restore sanctions against Iran while intentionally ignoring the disagreements and concerns of other council members, stating they bear full responsibility for the resulting deadlock. Sun added that the Security Council should play a constructive role rather than focusing solely on sanctions pressure and must not become a tool for the political agenda of any specific country. China urges all council members to faithfully implement the "termination day" provisions of Resolution 2231 to uphold the authority of the Security Council and create favorable conditions for a political solution to the Iran nuclear issue.

According to an Axios reporter, Iran has launched at least four ballistic missiles and multiple drones at U.S. military bases in Bahrain, Kuwait, and Jordan.

The Deputy Governor of the Central Bank of Indonesia held a conference call with European and American investors to explain the reasoning behind the bank's surprise interest rate hike.

Meta Platforms (META) has reportedly leased a 168-megawatt data center being built by India's Reliance Group, a deal that includes an option for future expansion.

Meta Platforms (META) has signed a partnership agreement with an artificial intelligence (AI)-based data center in India.

A hawkish interest rate hike by the Bank of Japan (BOJ) at its meeting next week would support a stronger yen, predicts Shusuke Yamada, an FX and rates strategist at Bank of America (BofA) Global Research. He noted that the market has already priced in a significant portion of this potential rate increase. Current market pricing reflects an approximately 50% probability of an additional hike at the October meeting. Yamada analyzed that the market would likely interpret the move as hawkish if the probability of an October hike rises above 60% and the chance of a further increase at the March meeting next year surpasses 50%. As a result, market attention is now focused on what guidance the BOJ will provide on its future policy rate path at next week's meeting.

According to Iranian media, Iran conducted a drone attack on a U.S. military base in Kuwait early today. The strike follows previous attacks by Iran on the U.S. Navy's 5th Fleet facilities in Bahrain and a U.S. Air Force base in Jordan.

Kuwaiti military authorities announced that the country's air defense systems are responding to hostile aerial targets.

Iran's Revolutionary Guard Corps (IRGC) has attacked the Ali Al Salem Air Base in Kuwait with a drone, according to Iranian media.

OpenAI is negotiating a 20-year long-term lease agreement that would be its largest-ever infrastructure investment commitment, The Information reported. Nvidia has reportedly discussed providing credit support for the project.

Iran's Islamic Revolutionary Guard Corps (IRGC) announced in a statement early on June 10 that it had attacked a U.S. military base in Azraq, Jordan. According to the statement, the IRGC's Aerospace Force used long-range missiles to strike and destroy four key targets as part of a retaliatory operation. These targets included an F-35 fighter jet hangar at the U.S. Air Force base and a U.S. military command and control center in Azraq.