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investingLive Americas market news wrap: Gold and oil continue to climb, yen sinks

investinglive.com · 1dShare

Fed's Hammack: Now is the time to bring more restraint into policy Trump says he is demanding compensation from Iran for people killed It's time to start the countdown on Atlantic hurricane season US July employment trends 107.71 vs 106.74 prior Intel dilutes shareholders: Will launch $15 billion secondary Markets: WTI crude up $3.90 to $82.08 Gold up $46 to $4388 S&P 500 down 0.1% US 10-year yields up 4.3 bps to 4.70% GBP leads, JPY lags The yen was beaten up on Monday as it gave back a big part of its intervention gains. USD/JPY rose more than 150 pips on the day on steady bids that continued as the pair broke through 159.00 in US trading. That's a real challenge to Japan's finance ministry and the US Treasury as they try to clamp down on the pair, with limited success so far despite a big spend. Eyes will be on the rhetoric as Japan wakes up. Otherwise, the market is taking a dim view of the chance of peace in Iran and a reopening of the Strait of Hormuz. Trump sounded on the weeken

First report: investingLive European session wrap: Yen drops, markets tentative to start the week — investinglive.com, 1d