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Japan's top currency diplomat said markets should take Tokyo and Washington's message on the yen at face value. The yen rose after his remarks, breaking through 157 per dollar and trading around 156.75.
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI
Oil prices rise, stocks decline
A renewed rise in oil prices left stocks wavering and pushed bond yields higher, with Wall Street growing cautious ahead of key US inflation reports. [8:07 ET] BoJ September rate hike signal led the US to join in intervention - Kyodo [JPY Strengthened]
Stocks held near record highs as traders awaited the next major US data release, while expectations for Federal Reserve rate hikes eased.
BoJ September rate hike signal led the US to join in intervention - Kyodo