The Japanese yen is showing signs of life after the cool U.S. inflation report, jumping about 2% against the dollar. The severity of the move prompted speculation of a potential intervention by Japanese authorities, who spent more than $60 billion earlier this year propping up the currency. Local TV station TV Asahi posted on X that Tokyo had stepped into the market to bolster up the yen.
The latest investor updates on stocks that are trending on Thursday.
More shoppers returned to high streets and construction work recovered.
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