🌅 Morning Update | 17.06.2025 🇯🇵 BoJ: No Surprises The Bank of Japan kept its short-term rate at 0.50% (8–1 vote) and announced a plan to reduce JGB purchases: 🔹 –¥400B per quarter until Q1 2026 🔹 –¥200B per quarter until Q1 2027 The BoJ highlighted slow inflation and downside risks, hinting there’s no rush for more hikes. 🇯🇵💴 📊 USD/JPY stable around 144.630. 🇺🇸 Trump & G7 Drama Trump denied leaving the G7 because of the Iran–Israel ceasefire, calling the real reason “much more important” (no details yet). His sudden exit briefly hit risk sentiment: ⚡ Oil up, gold spiked, S&P futures dropped. Later tweets reassured no strike on Tehran, calming the markets. 🕊️ Nuclear Talks Back on the Table? Trump now proposes new nuclear deal talks with Iran and a ceasefire — confirmed by multiple sources. G7 leaders stressed: ✔️ Iran must never have nuclear weapons ✔️ Israel has the right to self-defence ✔️ De-escalation is needed ✔️ Energy market impact will be watched closely. 🇨🇳 US–China & EU–China Updates 🇺🇸 The US prepared tougher export bans on semiconductors if London trade talks failed — but talks ended well, so no new bans for now. 🇪🇺 Meanwhile, the EU refuses to continue negotiations with China, signalling growing mistrust ahead of next month’s EU–China summit.