The day was dominated by the Bank of Japan's decision to raise its policy rate to 1.0%, the highest since 1995, citing inflation risks from oil prices. The announcement came in the early afternoon, triggering a historic surge in the Nikkei 225, which briefly topped 70,000 for the first time and closed at a record high. The US-Iran peace deal continued to reverberate, with Trump confirming the Strait of Hormuz would fully open on June 19 and toll-free passage included. A B-52 crash in California killed eight. In the evening, a magnitude 5.5 earthquake struck Gunma and Saitama, causing a maximum intensity of 5-weak and temporarily suspending some Shinkansen services. Other stories included antitrust raids on six ice cream makers for alleged price-fixing and the G7 summit opening in France, where PM Takaichi met briefly with Trump.