Tuesday: Oil up as focus turns to Bank of Japan

Tuesday: Oil up as focus turns to Bank of Japan

From 5 in 5 with ANZ by ANZ

April 27, 2026 · 9 min

About this episode

The episode discusses rising oil prices and the anticipated decisions from the Bank of Japan regarding interest rates, featuring an interview with Mahjabeen Zaman on the yen's recent strength.

Oil prices are up in the absence of face-to-face peace talks between the United States and Iran, and the ongoing closure of the Strait of Hormuz. The focus turns today to the Bank of Japan (BoJ), where a rate hold is expected. In our deep-dive interview, ANZ Head of FX Research Mahjabeen Zaman looks at why the yen has regained its strength somewhat in recent weeks, and what might happen if there’s a surprise hike by the BoJ later today. Before accessing this podcast, please read the disclaimer at ⁠https://www.anz.com/institutional/five-in-five-podcast/⁠

People in this episode

Host: ANZ

Guest: Mahjabeen Zaman

Topics covered

  • oil prices
  • Bank of Japan
  • yen strength
  • interest rates
  • US-Iran relations

Keywords

  • oil prices
  • Bank of Japan
  • yen
  • interest rates
  • US Iran relations

Mentioned in this episode

Organizations: Bank of Japan

Places: United States, Iran, Strait of Hormuz

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