NewsWPLG Local 10 – Main FeedAugust 4, 2026Miami-Dade
Global markets react to U.S.-Japan currency intervention and shifting oil prices
Asian stock markets showed mixed results on Tuesday following a U.S. market rally, as investors evaluated the impact of a recent joint U.S.-Japan currency intervention aimed at strengthening the yen. Meanwhile, oil prices saw a modest increase after a significant drop earlier in the week, while U.S. markets reached record highs due to easing inflation concerns.
Read the full story at WPLG Local 10 – Main FeedWhy It Matters
Fluctuations in currency values, oil prices, and stock market indices directly impact global trade costs, investment portfolios, and inflation expectations for residents and businesses.
Key Facts
- The U.S. dollar rose to 157.51 Japanese yen, up from 157.18 yen.
- Japan's Nikkei 225 index fell 0.3% to 63,585.58.
- South Korea's Kospi index dropped 1.3% to 6,174.72.
- Australia's S&P/ASX 200 index rose 1.2% to 9,129.00.
- Hong Kong's Hang Seng index fell 0.5% to 25,881.99.
- Shanghai Composite index rose 0.2% to 3,802.61.
- U.S. crude oil prices increased by 84 cents to $81.18 per barrel.
- Brent crude oil prices increased by $1.15 to $84.92 per barrel.
- The U.S. 10-year Treasury yield fell to 4.68% from 4.75% on Friday.
- The Dow Jones Industrial Average reached an all-time high, climbing 693 points.