The yen staged a surprise rebound after hitting a 40-year low, fueled by whispers of Bank of Japan rate hikes and potential Tokyo intervention—though past moves haven’t halted its long-term slide. Meanwhile, UK inflation cooled unexpectedly, dimming chances of a second BoE rate hike this year. Global markets brace for a 20-year Treasury auction as yields climb, keeping the dollar strong and risk assets on edge.

Listen in comfort:
Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.

Advertise on DNN:
advertise@thednn.ai

This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.

View sources & latest updates:
https://sources.thednn.ai/20a77cf329a55767

Podden och tillhörande omslagsbild på den här sidan tillhör The Daily News Now!. Innehållet i podden är skapat av The Daily News Now! och inte av, eller tillsammans med, Poddtoppen.