How the US and Japan Spent $54 Billion to Save the Yen

On today's episode of Market Brief – After Hours, the US and Japan launched their first joint currency intervention in nearly 30 years to rescue a collapsing yen, sending shockwaves through Asian markets even as Wall Street stormed to record highs. We break down the Dow, S&P 500 and Nasdaq's blockbuster session, why oil prices tumbled after Trump called off strikes on Iran, and how USD/JPY, EUR/USD, GBP/USD and AUD/USD all reacted. Plus, a rumored mega-merger rattles the London market, and we run through the day's biggest corporate movers. Hosted on Acast. See acast.com/privacy for more information.