US, Japan Warn of More Yen Action If Needed; Oil Falls on US-Iran Optimism |Bloomberg Brief 08/03/26
The yen swings after US and Japanese officials signal they are committed to defending the currency following their first joint intervention in 15 years. Oil
The yen swings after US and Japanese officials signal they are committed to defending the currency following their first joint intervention in 15 years. Oil falls after President Trump called off military strikes in the Middle East and said US-Iran talks are set to resume. Rebecca Walser of Walser Wealth Management discusses the implications of Fed Chair Warsh mulling changes to the frequency and timing of Fed meetings. Massimo Battaini, CEO of Prysmian, discusses the company's all-cash deal to acquire US electrical parts manufacturer Atkore, in an exclusive interview.
Chapters 00:00:00 - Bloomberg Brief Begins, Opening Headlines: Yen Intervention, Oil Drops & Fed Changes 00:00:53 - Global Market Check: Asia Markets: Yen Surge, BOJ Expectations & Alibaba AI Boost 00:02:21 - Europe Markets: Oil Decline, Bond Rally & Currency Moves 00:04:25 - First Look Movers: AstraZeneca, Bristol-Myers, Atkore & Ferguson 00:06:20 - US-Japan Joint Yen Intervention Explained, Will Yen Intervention Hold? 00:09:24 - Fed Chair Warsh Weighs Fewer FOMC Meetings 00:12:19 - Trump, Iran & Strait of Hormuz Negotiations 00:14:56 - Trending on the Terminal 00:16:06 - Breaking News: BOJ Intervention Estimate 00:16:39 - AstraZeneca–Bristol-Myers Merger Analysis 00:19:59 - Front Page News 00:21:30 - Markets Reset: Futures, Yields & Oil Update 00:23:12 - First Look Movers: AstraZeneca &Bristol-Myers Talks 00:24:18 - Rebecca Walser of Walser Wealth Management on Tech Outlook & Fed Chair Warsh Mulling Timing of Fed Meetings 00:32:02 - Trending on the Terminal 00:33:19 - Prysmian CEO, Massimo Battaini, on $3.8B Atkore Acquisition 00:40:15 - Yen Intervention: Why the BOJ Still Holds the Key 00:42:44 - What to Watch This Week More on Bloomberg Television and Markets Like this video?
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