A mature economy shaped by ultra-low rates, a shrinking workforce, and a yen that swings on every whisper from the BoJ. Each row traces a chain of real events that moved stocks, the yen, bond yields, and monetary policy in Japan.
Gold Price Silver Price Copper Price Iron Price Oil Price Natural Gas Price Global Economy Europe Economy Canada Economy Germany Economy China Economy France Economy UK Economy US Economy Japan Economy South Korea Economy Dollar Euro Yen Pound Bond Yield US Inflation US Stock Market US Tariffs
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MAY 1 – MAY 31, 2026
🇮🇷 Military Strike
2026-05-20
🌍 Oil Price Rise
2026-05-20
The Iran conflict raises fuel costs, which increases production costs for rice, pushing prices up.
🌍 INFLATION ▲
2026-05-21
Higher oil prices increase production and transport costs, leading to higher overall prices.
🌍 oil price rise🌍 energy price rise🌍 shipping disruption🕌 energy price rise🕌 military conflict
↓
🇮🇷 Diplomatic Negotiation Progress
2026-05-21
🌍 Oil Price Decline
2026-05-21
Optimism over Iran peace talks raised hopes of resumed oil flows, pushing prices down.
🇯🇵 BOND YIELDS ▼
2026-05-21
Falling oil prices reduce inflation expectations, leading to lower bond yields.
🇮🇷 Diplomatic Negotiation Progress
2026-05-21
🌍 Oil Price Decline
2026-05-21
Optimism over Iran peace talks raised hopes of resumed oil flows, pushing prices down.
🇯🇵 CURRENCY ▲
2026-05-21
Oil price decline reduces import costs for Japan, strengthening the yen.
🇯🇵 Supply Shortage
2026-05-21
🇯🇵 INPUT COSTS ▲
2026-05-21
Material shortages reduce supply, forcing firms to pay more for inputs.
🇯🇵 Output Price Rise
2026-05-21
Material shortages increased input costs, which companies passed on to customers via higher selling prices.
🇯🇵 supply shortage🌍 energy price rise🌍 raw material price rise🌍 supply disruption
↓
↓
🇯🇵 output price rise
🌍 Raw Material Price Rise
2026-05-21
🇯🇵 INPUT COSTS ▲
2026-05-21
Higher raw material prices increase production costs for Japanese firms.
🇯🇵 Output Price Rise
2026-05-21
Material shortages increased input costs, which companies passed on to customers via higher selling prices.
🌍 raw material price rise🌍 energy price rise🇯🇵 supply shortage🌍 supply disruption
↓
↓
🇯🇵 output price rise
🇮🇷 Military Strike
2026-05-18
🌍 Energy Price Rise
2026-05-18
Initial attacks in the Iran war drove oil and gas prices sharply higher.
🇯🇵 INFLATION ▲
2026-05-20
Higher energy prices increase production and transport costs, pushing overall prices up.
🌍 energy price rise🇮🇷 military conflict
↓
🇯🇵 Economic Growth Rise
2026-05-20
🇯🇵 BOND YIELDS ▲
2026-05-20
Strong economic growth boosts expectations for BOJ rate hikes, pushing bond yields higher.
🇯🇵 economic growth rise🇯🇵 producer price rise
↓
🇺🇸 Military Strike
2026-05-20
🌍 RATE EXPECTATIONS ▲
2026-05-20
Threat of US strikes on Iran raises oil prices, fueling inflation and higher rate expectations.
🇺🇸 military strike🌍 inflation rise
↓
🕌 Energy Export Suspension
2026-05-18
🌍 Treasury Yield Rise
2026-05-18
Suspension of energy exports from the Middle East pushes bond yields higher.
🇯🇵 STOCKS ▼
2026-05-20
Rising bond yields make stocks less attractive, leading investors to sell shares.
🌍 treasury yield rise🌍 oil price rise🇺🇸 stock market decline
↓
🇮🇷 Military Strike
2026-05-18
🌍 Energy Price Rise
2026-05-18
Initial attacks in the Iran war drove oil and gas prices sharply higher.
🌍 Inflation Rise
2026-05-18
Energy price shock from Middle East raises costs, pushing overall inflation higher.
🌍 ECONOMIC GROWTH ▼
2026-05-19
Inflation raises costs, reducing spending and investment, which slows economic growth.
🌍 inflation rise🇮🇷 military strike
↓
🕌 Military Conflict
2026-05-19
🌍 INFLATION ▲
2026-05-19
The Middle East conflict raises energy prices, increasing costs for businesses and consumers globally.
🌍 Economic Growth Decline
2026-05-19
Inflation raises costs, reducing spending and investment, which slows economic growth.
🕌 military conflict🌍 energy price rise🌍 oil price rise🕌 energy price rise🇮🇷 military standoff
↓
↓
🌍 economic growth decline🇺🇸 interest rate rise expectation
🇯🇵 Economic Growth Rise
2026-05-19
🇯🇵 STOCKS ▲
2026-05-19
Strong GDP growth improved corporate outlook, boosting investor confidence and stock prices.
🇯🇵 economic growth rise🇯🇵 earnings rise🇯🇵 artificial intelligence stock momentum🇺🇸 tech stock rally🇨🇳 diplomatic summit
↓
🇮🇷 Military Strike
2026-05-15
🌍 Oil Price Rise
2026-05-15
The Iran war and Trump's remark disrupted oil supply, pushing prices higher.
🌍 INFLATION ▲
2026-05-19
Soaring oil prices increase production costs, leading to higher inflation.
🌍 Economic Growth Decline
2026-05-19
Inflation raises costs, reducing spending and investment, which slows economic growth.
🌍 oil price rise🌍 energy price rise🕌 energy price rise🕌 military conflict🇮🇷 military standoff
↓
↓
🌍 economic growth decline🇺🇸 interest rate rise expectation
🕌 Energy Export Suspension
2026-05-18
🌍 BOND YIELDS ▲
2026-05-18
Suspension of energy exports from the Middle East pushes bond yields higher.
🇺🇸 Stock Market Decline
2026-05-18
Higher bond yields make equities less attractive, leading to price declines.
🇯🇵 Stock Market Decline
2026-05-18
Wall Street's selloff due to rising Treasury yields led Japanese stocks lower.
🕌 energy export suspension🇮🇷 conflict escalation🕌 military conflict🇮🇷 military strike
↓
↓
🇺🇸 stock market decline🇯🇵 stock market decline🇪🇺 stock market decline🇰🇷 stock market decline
🇮🇷 Military Strike
2026-05-18
🌍 Energy Price Rise
2026-05-18
Initial attacks in the Iran war drove oil and gas prices sharply higher.
🌍 Inflation Rise
2026-05-18
Energy price shock from Middle East raises costs, pushing overall inflation higher.
🌍 RATE EXPECTATIONS ▲
2026-05-18
Higher oil prices raise inflation, leading to expectations of interest rate hikes.
🌍 inflation rise
↓
↓
🌍 copper price decline
🇯🇵 Yen Depreciation
2026-05-18
🇯🇵 RATE EXPECTATIONS ▲
2026-05-18
A weaker yen increases import costs and inflation, prompting expectations of a rate hike.
🇯🇵 yen depreciation🇯🇵 inflation expectation rise🇯🇵 producer price rise
↓
🇮🇷 Conflict Escalation
2026-05-11
🌍 Energy Price Rise
2026-05-11
Conflict escalation disrupts oil supply, raising energy prices globally.
🇺🇸 Inflation Rise
2026-05-15
Higher energy costs increase production and transportation expenses, pushing up overall prices.
🇺🇸 Interest Rate Rise Expectation
2026-05-18
Rising US inflation leads traders to expect the Fed may raise interest rates.
🇯🇵 CURRENCY ▼
2026-05-18
Expectation of Fed rate hike strengthens dollar, making yen weaker.
🇺🇸 interest rate rise expectation🌍 oil price rise🇺🇸 inflation rise🇺🇸 treasury yield rise
↓
🇮🇷 Military Strike
2026-05-18
🌍 Energy Price Rise
2026-05-18
Initial attacks in the Iran war drove oil and gas prices sharply higher.
🌍 INFLATION ▲
2026-05-18
Energy price shock from Middle East raises costs, pushing overall inflation higher.
🌍 Monetary Policy Tightening Expectation Rise
2026-05-18
Persistent inflation pressures limit central banks' ability to ease policy, keeping rates high.
🌍 energy price rise🌍 oil price rise🕌 energy price rise🇮🇷 military standoff
↓
↓
🌍 monetary policy tightening expectation rise🇺🇸 interest rate rise expectation🌍 economic growth decline🌍 interest rate rise expectation
🕌 Energy Price Rise
2026-05-17
🌍 INFLATION ▲
2026-05-17
Middle East energy price shock is feeding into broader inflation pressures.
🌍 Interest Rate Rise Expectation
2026-05-18
Higher oil prices raise inflation, leading to expectations of interest rate hikes.
🌍 Copper Price Decline
2026-05-18
Higher interest rates are expected to slow economic growth, reducing demand for industrial metals like copper.
🕌 energy price rise🌍 oil price rise🇮🇷 military standoff
↓
↓
🌍 interest rate rise expectation🇺🇸 interest rate rise expectation🌍 economic growth decline🌍 monetary policy tightening expectation rise
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🇮🇷 Conflict Escalation
2026-05-11
🌍 Energy Price Rise
2026-05-11
Conflict escalation disrupts oil supply, raising energy prices globally.
🇯🇵 Producer Price Rise
2026-05-15
Higher energy costs increased production expenses, pushing up producer prices in Japan.
🇯🇵 RATE EXPECTATIONS ▲
2026-05-15
Stronger producer inflation suggests rising costs, increasing pressure on the central bank to hike rates.
🇯🇵 producer price rise🇯🇵 inflation expectation rise
↓
🇮🇷 Conflict Escalation
2026-05-11
🌍 Energy Price Rise
2026-05-11
Conflict escalation disrupts oil supply, raising energy prices globally.
🇯🇵 Producer Price Rise
2026-05-15
Higher energy costs increased production expenses, pushing up producer prices in Japan.
🇯🇵 BOND YIELDS ▲
2026-05-15
Higher producer prices signal inflation, leading to expectations of BOJ rate hikes, which push bond yields up.
🇯🇵 producer price rise🇯🇵 interest rate rise expectation🌍 oil price rise
↓
🇮🇷 Conflict Escalation
2026-05-11
🌍 Energy Price Rise
2026-05-11
Conflict escalation disrupts oil supply, raising energy prices globally.
🇺🇸 Inflation Rise
2026-05-15
Higher energy costs increase production and transportation expenses, pushing up overall prices.
🇯🇵 CURRENCY ▼
2026-05-15
Higher US inflation strengthens the dollar, making the yen weaker.
🇺🇸 inflation rise🇺🇸 currency appreciation🌍 oil price rise🇺🇸 treasury yield rise
↓
🇯🇵 Earnings Rise
2026-05-15
🇯🇵 STOCKS ▲
2026-05-15
Strong corporate earnings boosted investor confidence, driving stock prices higher.
🇯🇵 earnings rise🇯🇵 artificial intelligence stock momentum🇺🇸 tech stock rally🇨🇳 diplomatic summit🇯🇵 private stake gain
↓
🇨🇳 Diplomatic Summit
2026-05-15
🇯🇵 STOCKS ▲
2026-05-15
The Beijing summit improved US-China relations, boosting investor confidence and Japanese stocks.
🇨🇳 diplomatic summit🇯🇵 earnings rise🇯🇵 artificial intelligence stock momentum🇺🇸 tech stock rally🇯🇵 private stake gain
↓
🇮🇷 Military Standoff
2026-05-14
🌍 INFLATION ▲
2026-05-14
The standoff keeps the Strait of Hormuz closed, raising oil prices and fueling inflation.
🌍 Interest Rate Rise Expectation
2026-05-18
Higher oil prices raise inflation, leading to expectations of interest rate hikes.
🌍 Copper Price Decline
2026-05-18
Higher interest rates are expected to slow economic growth, reducing demand for industrial metals like copper.
🇮🇷 military standoff🌍 oil price rise
↓
↓
🌍 interest rate rise expectation🇺🇸 interest rate rise expectation🌍 economic growth decline🌍 monetary policy tightening expectation rise🇪🇺 treasury yield rise
🇮🇷 Conflict Escalation
2026-05-11
🌍 Energy Price Rise
2026-05-11
Conflict escalation disrupts oil supply, raising energy prices globally.
🇺🇸 Inflation Rise
2026-05-13
Higher fuel costs increase production and transportation expenses, pushing up overall prices.
🇺🇸 Treasury Yield Rise
2026-05-14
Higher inflation makes the Fed more likely to raise rates, so markets expect a hike.
🇯🇵 CURRENCY ▼
2026-05-14
Higher US Treasury yields attract investors, strengthening the dollar and weakening the yen.
🇺🇸 treasury yield rise🇺🇸 currency appreciation🇺🇸 inflation rise
↓
🇮🇷 Conflict Escalation
2026-05-13
🌍 BOND YIELDS ▲
2026-05-13
Conflict involving Iran raises oil prices, which increases inflation and pushes yields higher.
🇺🇸 Stock Market Decline
2026-05-18
Higher bond yields make equities less attractive, leading to price declines.
🇯🇵 Stock Market Decline
2026-05-18
Wall Street's selloff due to rising Treasury yields led Japanese stocks lower.
🇮🇷 conflict escalation🕌 military strike
↓
↓
🇺🇸 stock market decline🇨🇦 stock market decline🇨🇦 mining stock decline
🇯🇵 Private Stake Gain
2026-05-13
🇯🇵 STOCKS ▲
2026-05-13
SoftBank's gain from its private OpenAI stake boosted investor confidence, lifting stock prices.
🇮🇷 Military Strike
2026-05-12
🌍 Oil Price Rise
2026-05-12
Higher crude oil prices from the Iran war pushed energy costs up, raising inflation.
🇯🇵 Inflation Expectation Rise
2026-05-12
Surging oil prices increase costs, leading to higher inflation in Japan.
🇯🇵 Interest Rate Rise Expectation
2026-05-12
Surging oil prices increased inflation risks, leading markets to expect a BOJ rate hike.
🇯🇵 BOND YIELDS ▲
2026-05-12
Expectation of BOJ rate hike pushes bond yields higher as investors sell bonds.
🇯🇵 interest rate rise expectation🌍 oil price rise🌍 inflation expectation rise
↓
🇮🇷 Military Strike
2026-05-12
🌍 Oil Price Rise
2026-05-12
Higher crude oil prices from the Iran war pushed energy costs up, raising inflation.
🌍 INFLATION ▲
2026-05-12
Higher oil prices increase production and transport costs, pushing up overall prices.
🌍 Interest Rate Rise Expectation
2026-05-18
Higher oil prices raise inflation, leading to expectations of interest rate hikes.
🌍 Copper Price Decline
2026-05-18
Higher interest rates are expected to slow economic growth, reducing demand for industrial metals like copper.
🌍 oil price rise🌍 energy price rise🕌 conflict
↓
↓
🇪🇺 treasury yield rise
🇮🇷 Military Strike
2026-05-12
🌍 Oil Price Rise
2026-05-12
Higher crude oil prices from the Iran war pushed energy costs up, raising inflation.
🇯🇵 Inflation Expectation Rise
2026-05-12
Surging oil prices increase costs, leading to higher inflation in Japan.
🇯🇵 RATE EXPECTATIONS ▲
2026-05-12
Surging oil prices increased inflation risks, leading markets to expect a BOJ rate hike.
🇯🇵 Treasury Yield Rise
2026-05-12
Expectation of BOJ rate hike pushes bond yields higher as investors sell bonds.
🇯🇵 inflation expectation rise
↓
↓
🇯🇵 treasury yield rise🇯🇵 inflation expectation rise
🇮🇷 Military Strike
2026-05-08
🌍 Oil Price Rise
2026-05-08
US-Iran hostilities disrupted oil supply, pushing prices higher.
🇯🇵 BOND YIELDS ▲
2026-05-11
Higher oil prices raise inflation expectations, leading to higher bond yields.
🌍 oil price rise🌍 inflation expectation rise
↓
🇮🇷 Military Strike
2026-05-08
🌍 Oil Price Rise
2026-05-08
US-Iran hostilities disrupted oil supply, pushing prices higher.
🇯🇵 STOCKS ▼
2026-05-11
Higher oil prices increase costs for oil-importing Japan, hurting corporate profits and stock prices.
🌍 oil price rise🇺🇸 military strike🇮🇷 military strike
↓
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🇺🇸 Tariff Rise
2026-05-08
🇯🇵 PROFITS ▼
2026-05-08
US tariffs on Japan increased costs, reducing Toyota's earnings and profits.
🇺🇸 Military Strike
2026-05-08
🇯🇵 STOCKS ▼
2026-05-08
Renewed US-Iran fighting hurt investor sentiment, causing Japanese stocks to slip.
🇺🇸 military strike🇮🇷 military strike
↓
🇺🇸 Military Strike
2026-05-05
🌍 Energy Price Rise
2026-05-05
Fresh US-Iran attacks in the Middle East raised uncertainty, keeping energy prices elevated.
🌍 Inflation Expectation Rise
2026-05-08
Energy price shock from Strait of Hormuz tensions raises inflation concerns.
🇯🇵 BOND YIELDS ▲
2026-05-08
Renewed Middle East tensions revived inflation concerns, pushing Japanese bond yields higher.
🌍 inflation expectation rise
↓
🇺🇸 Military Strike
2026-05-05
🌍 Energy Price Rise
2026-05-05
Fresh US-Iran attacks in the Middle East raised uncertainty, keeping energy prices elevated.
🌍 INFLATION ▲
2026-05-08
Energy price shock from Strait of Hormuz disruption raises costs, fueling inflation concerns.
🌍 Interest Rate Rise Expectation
2026-05-18
Higher oil prices raise inflation, leading to expectations of interest rate hikes.
🌍 Copper Price Decline
2026-05-18
Higher interest rates are expected to slow economic growth, reducing demand for industrial metals like copper.
🌍 energy price rise🌍 oil price rise🇮🇷 military strike🇺🇸 military strike🌍 shipping disruption🕌 conflict
↓
🌍 INFLATION ▲
2026-05-07
The Middle East conflict raised energy and food prices, increasing inflation globally.
🌍 Interest Rate Rise Expectation
2026-05-18
Higher oil prices raise inflation, leading to expectations of interest rate hikes.
🌍 Copper Price Decline
2026-05-18
Higher interest rates are expected to slow economic growth, reducing demand for industrial metals like copper.
🕌 conflict🌍 energy price rise🌍 oil price rise🇮🇷 military strike🇺🇸 military strike🌍 shipping disruption
↓
↓
🌍 inflation expectation rise
🇺🇸 War De-Escalation
2026-05-06
🌍 Oil Price Decline
2026-05-06
De-escalation reduced supply disruption fears, causing oil prices to ease.
🇯🇵 BOND YIELDS ▼
2026-05-07
Lower oil prices reduce import costs for Japan, easing inflation and allowing bond yields to fall.
🇺🇸 Military Strike
2026-05-05
🌍 Energy Price Rise
2026-05-05
Fresh US-Iran attacks in the Middle East raised uncertainty, keeping energy prices elevated.
🇯🇵 INFLATION ▲
2026-05-07
Higher energy costs from the Iran war risk pushing up broader prices in Japan.
🕌 Peace Deal Hopes
2026-05-07
🇯🇵 STOCKS ▲
2026-05-07
Expectations of a Middle East peace deal boosted global risk sentiment, lifting Japanese stocks.
🕌 peace deal hopes🇺🇸 technology earnings rise
↓
🇺🇸 Technology Earnings Rise
2026-05-07
🇯🇵 STOCKS ▲
2026-05-07
Strong tech earnings boosted global sentiment, driving Japanese stocks higher.
🇺🇸 technology earnings rise🕌 peace deal hopes
↓
🇮🇷 War End Agreement Progress
2026-05-07
🌍 STOCKS ▲
2026-05-07
Hopes of a US-Iran war end agreement boosted investor confidence, driving stock prices higher.
🇮🇷 war end agreement progress🇺🇸 geopolitical tension easing🇮🇷 geopolitical tension decline🌍 inflation expectation decline
↓
🇺🇸 Military Strike
2026-05-05
🌍 Energy Price Rise
2026-05-05
Fresh US-Iran attacks in the Middle East raised uncertainty, keeping energy prices elevated.
🌍 INFLATION ▲
2026-05-07
Energy price surge from Hormuz closure raises costs, fueling inflation fears.
🌍 Monetary Policy Tightening Expectation Rise
2026-05-18
Persistent inflation pressures limit central banks' ability to ease policy, keeping rates high.
🌍 energy price rise🌍 oil price rise🇮🇷 military strike🇺🇸 military strike🌍 shipping disruption🕌 conflict
↓
↓
🌍 inflation expectation rise
🇯🇵 Intervention Speculation
2026-05-06
🇯🇵 CURRENCY ▲
2026-05-06
Speculation of Japanese intervention made the yen stronger by boosting confidence.
🇯🇵 intervention speculation🌍 oil price decline🇯🇵 currency intervention
↓
🇺🇸 War De-Escalation
2026-05-06
🌍 Oil Price Decline
2026-05-06
De-escalation reduced supply disruption fears, causing oil prices to ease.
🇯🇵 CURRENCY ▲
2026-05-06
Oil price decline reduces Japan's import costs, strengthening the yen.
🌍 oil price decline🇯🇵 currency intervention🇯🇵 intervention speculation
↓
🌍 Shipping Disruption
2026-05-05
🌍 INFLATION ▲
2026-05-05
Shipping disruptions raise costs and keep energy prices high, fueling inflation.
🌍 Inflation Expectation Rise
2026-05-05
Oil price rise fuels inflation concerns, strengthening expectations of tighter monetary policy.
🇯🇵 Treasury Yield Rise
2026-05-08
Renewed Middle East tensions revived inflation concerns, pushing Japanese bond yields higher.
🌍 shipping disruption🌍 energy price rise🌍 oil price rise🇮🇷 military strike🌍 energy supply disruption🇺🇸 military strike
↓
↓
🌍 inflation expectation rise
🇮🇷 Military Strike
2026-05-05
🌍 INFLATION ▲
2026-05-05
Fresh US-Iran attacks raise energy prices, fueling inflation concerns globally.
🌍 Interest Rate Rise Expectation
2026-05-18
Higher oil prices raise inflation, leading to expectations of interest rate hikes.
🌍 Copper Price Decline
2026-05-18
Higher interest rates are expected to slow economic growth, reducing demand for industrial metals like copper.
🇮🇷 military strike🌍 energy price rise🌍 oil price rise🌍 energy supply disruption🇺🇸 military strike🌍 shipping disruption
↓
↓
🌍 inflation expectation rise
🇮🇷 Military Strike
2026-05-05
🌍 Oil Price Rise
2026-05-05
Iran's military strikes raised fears of supply disruptions, pushing oil prices higher.
🌍 INFLATION ▲
2026-05-05
Higher oil prices increase production and transportation costs, leading to higher consumer prices.
🌍 Monetary Policy Tightening Expectation Rise
2026-05-18
Persistent inflation pressures limit central banks' ability to ease policy, keeping rates high.
🌍 oil price rise🌍 energy price rise🇮🇷 military strike🌍 energy supply disruption🇺🇸 military strike🌍 shipping disruption
↓
↓
🌍 inflation expectation rise
🇺🇸 Military Strike
2026-05-05
🌍 Energy Price Rise
2026-05-05
Fresh US-Iran attacks in the Middle East raised uncertainty, keeping energy prices elevated.
🌍 INFLATION ▲
2026-05-05
Rising energy costs increase production and transportation expenses, pushing overall prices higher.
🌍 Economic Growth Decline
2026-05-19
Inflation raises costs, reducing spending and investment, which slows economic growth.
🌍 energy price rise🌍 oil price rise🇮🇷 military strike🌍 energy supply disruption🇺🇸 military strike🌍 shipping disruption
↓
↓
🌍 inflation expectation rise
🇮🇷 Military Strike
2026-05-04
🌍 Oil Price Rise
2026-05-04
Military strike threats in Iran disrupt oil supply, pushing prices higher.
🌍 INFLATION ▲
2026-05-04
Higher oil prices increase production and transportation costs, which can lead to higher overall prices.
🌍 Inflation Expectation Rise
2026-05-05
Oil price rise fuels inflation concerns, strengthening expectations of tighter monetary policy.
🇯🇵 Treasury Yield Rise
2026-05-08
Renewed Middle East tensions revived inflation concerns, pushing Japanese bond yields higher.
🌍 oil price rise🌍 energy supply disruption🕌 conflict escalation🌍 energy supply decline🇺🇸 peace talks stall🇮🇷 energy shock
↓
↓
🌍 inflation expectation rise
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🇯🇵 Currency Intervention
2026-05-01
🇯🇵 CURRENCY ▲
2026-05-01
Japan intervened in the currency market, causing the yen to strengthen sharply against the dollar.
🇯🇵 currency intervention🇯🇵 interest rate hold🇯🇵 central bank intervention🇯🇵 interest rate decision
↓
🇮🇷 Military Strike
2026-04-29
🌍 Energy Price Rise
2026-04-29
War with Iran disrupted global shipping, causing energy prices to surge.
🇯🇵 INPUT COSTS ▲
2026-05-01
Higher energy prices increase production costs for manufacturers, raising input costs.
🇯🇵 Output Price Rise
2026-05-01
Higher input costs led firms to raise selling prices to protect margins.
🌍 energy price rise🌍 raw material price rise🌍 transport cost rise
↓
↓
🇯🇵 output price rise
🌍 Transport Cost Rise
2026-05-01
🇯🇵 INPUT COSTS ▲
2026-05-01
Higher transport costs increase expenses for manufacturers, raising input costs.
🇯🇵 Output Price Rise
2026-05-21
Material shortages increased input costs, which companies passed on to customers via higher selling prices.
🌍 transport cost rise🌍 energy price rise🌍 raw material price rise
↓
↓
🇯🇵 output price rise
APR 1 – APR 30, 2026
🇯🇵 Central Bank Intervention
2026-04-30
🇯🇵 CURRENCY ▲
2026-04-30
Central bank intervention strengthens the yen by increasing demand for the currency.
🇯🇵 central bank intervention🇯🇵 interest rate hold🇯🇵 interest rate decision
↓
🇺🇸 Military Strike
2026-04-30
🌍 Oil Price Rise
2026-04-30
Fears of US military strike on Iran raise supply disruption risk, pushing oil prices higher.
🇯🇵 STOCKS ▼
2026-04-30
Higher oil costs hurt Japan's import-dependent economy, reducing corporate profits and stock values.
🌍 oil price rise🇯🇵 interest rate hold🇯🇵 takeover proposal withdrawal🇯🇵 profit miss
↓
🇺🇸 Military Strike
2026-04-30
🌍 Oil Price Rise
2026-04-30
Fears of US military strike on Iran raise supply disruption risk, pushing oil prices higher.
🇯🇵 BOND YIELDS ▲
2026-04-30
Higher oil prices raise inflation expectations, pushing bond yields up.
🇺🇸 Military Strike
2026-04-30
🌍 Oil Price Rise
2026-04-30
Fears of US military strike on Iran raise supply disruption risk, pushing oil prices higher.
🌍 INFLATION ▲
2026-04-30
Oil price rise increases production and transport costs, leading to higher overall prices.
🌍 oil price rise🌍 energy price rise🇮🇷 military strike🌍 energy supply disruption🕌 conflict escalation🌍 shipping disruption🌍 energy supply decline🇺🇸 peace talks stall🇮🇷 energy shock🇮🇷 peace talks stall🇮🇷 military blockade
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↓
🌍 inflation expectation rise
🕌 Conflict Escalation
2026-04-29
🌍 INFLATION ▲
2026-04-29
Conflict in the Middle East raises energy prices, which increases costs and pushes inflation higher.
🕌 conflict escalation🌍 energy price rise🌍 oil price rise🇮🇷 military strike🌍 energy supply disruption🌍 shipping disruption🌍 energy supply decline🇺🇸 peace talks stall🇮🇷 energy shock🇮🇷 peace talks stall🇮🇷 military blockade🕌 military tension rise
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↓
🌍 inflation expectation rise🌍 gold price decline
🇮🇷 Energy Shock
2026-04-29
🌍 INFLATION ▲
2026-04-29
Oil price gains from the Iran war energy shock increase costs, leading to higher global inflation.
🇮🇷 energy shock🌍 energy price rise🌍 oil price rise🇮🇷 military strike🌍 energy supply disruption🕌 conflict escalation🌍 shipping disruption🌍 energy supply decline🇺🇸 peace talks stall🇮🇷 peace talks stall🇮🇷 military blockade🕌 military tension rise
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↓
🌍 inflation expectation rise🌍 gold price decline
🇺🇸 Peace Talks Stall
2026-04-29
🌍 INFLATION ▲
2026-04-29
Stalled peace talks disrupted oil flows, tightening supply and raising inflation.
🇺🇸 peace talks stall🌍 energy price rise🌍 oil price rise🇮🇷 military strike🌍 energy supply disruption🕌 conflict escalation🌍 shipping disruption🌍 energy supply decline🇮🇷 energy shock🇮🇷 peace talks stall🇮🇷 military blockade🕌 military tension rise
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↓
🌍 inflation expectation rise🌍 gold price decline
🕌 Military Conflict
2026-04-28
🌍 Oil Price Rise
2026-04-28
Middle East tensions and Strait of Hormuz closure disrupt oil supply, pushing prices higher.
🌍 INFLATION ▲
2026-04-29
Higher oil prices increase costs for fuel and goods, pushing overall prices up.
🌍 oil price rise🌍 energy price rise🇮🇷 military strike🌍 energy supply disruption🕌 conflict escalation🌍 shipping disruption🌍 energy supply decline🇺🇸 peace talks stall🇮🇷 energy shock🇮🇷 peace talks stall🇮🇷 military blockade🕌 military tension rise
↓
↓
🌍 inflation expectation rise🌍 gold price decline
🇮🇷 Peace Talks Stall
2026-04-28
🌍 INFLATION ▲
2026-04-28
Stalled peace talks disrupt oil supply, raising energy costs and fueling inflation.
🇮🇷 peace talks stall🌍 energy price rise🌍 oil price rise🇮🇷 military strike🌍 energy supply disruption🌍 shipping disruption🌍 energy supply decline🇺🇸 peace talks stall🇮🇷 military blockade🕌 military tension rise
↓
↓
🌍 inflation expectation rise🌍 gold price decline
🇮🇷 Military Strike
2026-04-23
🌍 Oil Price Rise
2026-04-23
The Iran war lifted fuel costs, increasing global fuel prices.
🇯🇵 Inflation Expectation Rise
2026-04-28
Higher crude oil prices increase energy and goods costs, pushing inflation forecasts up.
🇯🇵 Interest Rate Hold
2026-04-28
Higher inflation outlook makes the BOJ more likely to raise rates, but they held steady this time.
🇯🇵 CURRENCY ▲
2026-04-28
The BOJ kept rates unchanged but signaled future hikes, boosting yen demand.
🇯🇵 interest rate hold🇯🇵 interest rate decision
↓
🇮🇷 Military Strike
2026-04-23
🌍 Oil Price Rise
2026-04-23
The Iran war lifted fuel costs, increasing global fuel prices.
🇯🇵 Inflation Expectation Rise
2026-04-28
Higher crude oil prices increase energy and goods costs, pushing inflation forecasts up.
🇯🇵 Interest Rate Hold
2026-04-28
Higher inflation outlook makes the BOJ more likely to raise rates, but they held steady this time.
🇯🇵 STOCKS ▼
2026-04-28
The BOJ kept rates unchanged but signaled future hikes, hurting investor sentiment.
🇯🇵 interest rate hold🇯🇵 takeover proposal withdrawal🇯🇵 profit miss🇺🇸 diplomacy setbacks
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🇯🇵 Interest Rate Decision
2026-04-28
🇯🇵 CURRENCY ▲
2026-04-28
The BOJ kept rates unchanged, which was expected, and the yen strengthened.
🇯🇵 interest rate decision🇯🇵 interest rate hold
↓
🇮🇷 Military Strike
2026-04-26
🌍 Energy Supply Disruption
2026-04-26
Military strike disrupts oil supply through Strait of Hormuz closure.
🌍 INFLATION ▲
2026-04-28
Disrupted energy supplies raise costs, pushing overall prices higher.
🌍 energy supply disruption🌍 energy price rise🌍 oil price rise🇮🇷 military strike🌍 shipping disruption🌍 energy supply decline🇺🇸 peace talks stall🇮🇷 peace talks stall🇮🇷 military blockade🕌 military tension rise
↓
↓
🌍 inflation expectation rise🌍 gold price decline
🇮🇷 Military Blockade
2026-04-27
🌍 INFLATION ▲
2026-04-27
The blockade disrupts oil supply, raising energy costs and overall prices globally.
🇮🇷 military blockade🌍 energy price rise🌍 oil price rise🇮🇷 military strike🕌 military tension rise
↓
↓
🌍 inflation expectation rise🌍 gold price decline
🇺🇸 Vessel Seizure
2026-04-20
🇮🇷 Military Strike
2026-04-20
The US seized an Iranian vessel, so Iran retaliated with drone strikes.
🌍 Oil Price Rise
2026-04-23
The Iran war lifted fuel costs, increasing global fuel prices.
🇯🇵 CURRENCY ▼
2026-04-27
Surging oil prices weaken the yen by increasing import costs and trade deficit.
🌍 oil price rise🌍 energy price rise🇯🇵 interest rate hold
↓
🇯🇵 Takeover Proposal Withdrawal
2026-04-27
🇯🇵 STOCKS ▼
2026-04-27
Denso's withdrawal of its takeover proposal for Rohm caused Rohm's stock to drop 13%.
🇯🇵 takeover proposal withdrawal🇯🇵 profit miss🇺🇸 diplomacy setbacks🇮🇷 peace talk collapse🇺🇸 peace talk collapse
↓
🇯🇵 Profit Miss
2026-04-27
🇯🇵 STOCKS ▼
2026-04-27
Nomura's profit miss disappointed investors, causing its stock to fall.
🇯🇵 profit miss🇯🇵 takeover proposal withdrawal🇺🇸 diplomacy setbacks🇮🇷 peace talk collapse🇺🇸 peace talk collapse
↓
🇺🇸 Military Strike
2026-04-24
🌍 Energy Price Rise
2026-04-24
Military strike threats and blockades disrupt oil supply, pushing energy prices higher.
🌍 INFLATION ▲
2026-04-27
Higher energy prices increase production and transport costs, pushing up overall prices.
🌍 energy price rise🌍 oil price rise🇮🇷 military strike🇮🇷 military blockade🕌 military tension rise
↓
↓
🌍 inflation expectation rise🌍 gold price decline
🇮🇷 Military Strike
2026-04-26
🌍 ECONOMIC GROWTH ▼
2026-04-26
The Iran war disrupts oil supply, raising costs and inflation, which hurts global economic growth.
🇮🇷 military strike🌍 energy price rise🕌 military tension rise
↓
🇮🇷 Military Strike
2026-04-26
🌍 INFLATION ▲
2026-04-26
The military strike and blockade disrupt oil supply, raising energy costs and causing global inflation.
🇮🇷 military strike🌍 energy price rise🌍 energy supply disruption🕌 military tension rise
↓
↓
🌍 inflation expectation rise🌍 gold price decline
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🇺🇸 Military Strike
2026-04-24
🌍 Energy Price Rise
2026-04-24
Military strike threats and blockades disrupt oil supply, pushing energy prices higher.
🌍 BOND YIELDS ▲
2026-04-24
Higher oil prices raise inflation expectations, which pushes bond yields up.
🇮🇷 Energy Price Rise
2026-04-24
🇯🇵 INFLATION ▲
2026-04-24
Higher energy costs from the Iran conflict increase production and transport costs, pushing up inflation.
🇮🇷 energy price rise🌍 energy price rise🇯🇵 energy price rise
↓
🇺🇸 Military Strike
2026-04-24
🌍 Energy Price Rise
2026-04-24
Military strike threats and blockades disrupt oil supply, pushing energy prices higher.
🇯🇵 CURRENCY ▼
2026-04-24
Higher energy costs hurt Japan's trade balance, weakening the yen.
🌍 energy price rise🇯🇵 interest rate hold🇯🇵 interest rate uncertainty
↓
🇯🇵 Interest Rate Hold
2026-04-23
🇯🇵 CURRENCY ▼
2026-04-23
The Bank of Japan kept rates unchanged, disappointing markets expecting a hike, weakening the yen.
🇯🇵 Input Cost Inflation Rise
2026-04-23
A weaker yen makes imported raw materials, fuel, and energy more expensive, raising costs for Japanese businesses.
🇯🇵 interest rate hold🌍 energy price rise🇯🇵 interest rate uncertainty
↓
↓
🇯🇵 input cost inflation rise
🇺🇸 Diplomacy Setbacks
2026-04-23
🇯🇵 STOCKS ▼
2026-04-23
Stalled peace talks increased geopolitical risk, making investors less willing to buy stocks.
🇺🇸 diplomacy setbacks🇮🇷 peace talk collapse🇺🇸 peace talk collapse
↓
🇮🇷 Peace Talk Collapse
2026-04-22
🇯🇵 STOCKS ▼
2026-04-22
The collapse of US-Iran peace talks created uncertainty, making investors cautious about Japanese stocks.
🇮🇷 peace talk collapse🇺🇸 peace talk collapse
↓
🇺🇸 Tariff Decline
2026-04-22
🇯🇵 EXPORTS ▲
2026-04-22
Lower U.S. tariffs reduced trade barriers, making Japanese goods cheaper and boosting sales to America.
🇯🇵 Monetary Policy Outlook Uncertainty
2026-04-21
🇯🇵 BOND YIELDS ▼
2026-04-21
Uncertainty about future BOJ policy changes made investors more willing to buy bonds, pushing yields down.
🇯🇵 monetary policy outlook uncertainty
↓
🕌 War De-Escalation
2026-04-17
🌍 Oil Price Decline
2026-04-17
Military de-escalation in the Middle East reduced supply disruption fears, causing oil prices to fall.
🇯🇵 CURRENCY ▲
2026-04-21
Lower oil prices reduce Japan's import costs, making the yen more valuable.
🌍 oil price decline🇺🇸 dollar decline🇯🇵 currency intervention expectation
↓
🇯🇵 Interest Rate Uncertainty
2026-04-21
🇯🇵 CURRENCY ▼
2026-04-21
Uncertainty about future interest rate hikes makes the yen less attractive to investors.
🇯🇵 Input Cost Inflation Rise
2026-04-23
A weaker yen makes imported raw materials, fuel, and energy more expensive, raising costs for Japanese businesses.
🇯🇵 interest rate uncertainty🌍 energy price rise🇯🇵 central bank communication
↓
↓
🇯🇵 input cost inflation rise
🇮🇷 Conflict Escalation
2026-04-20
🌍 Energy Supply Disruption
2026-04-20
Renewed military conflict in the Strait of Hormuz has disrupted oil shipments, creating a global shortage.
🌍 INFLATION ▲
2026-04-21
The Middle East conflict has reduced energy supplies, raising costs and pushing up prices globally.
🌍 energy supply disruption🌍 energy price rise
↓
↓
🌍 inflation expectation rise
🇯🇵 Central Bank Communication
2026-04-17
🇯🇵 CURRENCY ▼
2026-04-17
The central bank governor's unclear remarks on interest rates caused the yen to weaken against the dollar.
🇯🇵 Input Cost Inflation Rise
2026-04-23
A weaker yen makes imported raw materials, fuel, and energy more expensive, raising costs for Japanese businesses.
🇯🇵 central bank communication🌍 energy price rise
↓
🇺🇸 War De-Escalation
2026-04-14
🌍 Oil Price Decline
2026-04-14
Expectations of a ceasefire and possible reopening of the Strait of Hormuz weighed on oil prices.
🌍 BOND YIELDS ▼
2026-04-17
Lower oil prices reduce inflation fears, making bonds more attractive and pushing yields down.
🌍 oil price decline🇮🇷 strait reopening
↓
↓
🇨🇦 financial stock rise
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🕌 Ceasefire Optimism
2026-04-16
🇯🇵 STOCKS ▲
2026-04-16
Investors became optimistic about peace talks, which boosted Japanese stock prices.
🕌 ceasefire optimism🇺🇸 stock market rise🇯🇵 activist investor stake🌍 peace talk preparation🌍 ai technology interest rise
↓
🇯🇵 Currency Intervention Expectation
2026-04-16
🇯🇵 CURRENCY ▲
2026-04-16
Expectations that authorities might intervene to support the yen caused the currency to strengthen.
🇯🇵 currency intervention expectation🌍 oil price decline🇺🇸 dollar decline
↓
🌍 Ai Technology Interest Rise
2026-04-16
🇯🇵 STOCKS ▲
2026-04-16
Renewed investor interest in AI technology boosted demand for technology stocks in South Korea.
🌍 ai technology interest rise🇺🇸 stock market rise🕌 ceasefire optimism🇯🇵 activist investor stake🌍 peace talk preparation
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🇺🇸 Earnings Rise
2026-04-16
🇺🇸 Stock Market Rise
2026-04-16
PepsiCo's better-than-expected earnings report boosted investor confidence, lifting its stock price and contributing to broader market gains.
🇯🇵 STOCKS ▲
2026-04-16
Japanese stocks followed Wall Street's record rally, boosted by optimism about Middle East peace talks.
🇺🇸 stock market rise🕌 ceasefire optimism🇯🇵 activist investor stake🌍 peace talk preparation🌍 ai technology interest rise
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🇯🇵 Activist Investor Stake
2026-04-16
🇯🇵 STOCKS ▲
2026-04-16
An activist investor's stake and call for reforms boosted investor confidence in the company, driving its stock price higher.
🇯🇵 activist investor stake🇺🇸 stock market rise🕌 ceasefire optimism🌍 peace talk preparation🌍 ai technology interest rise
↓
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