Europe Opens Higher as Yen Intervention, Softer Oil and Strong Metals Shape the Risk Tone
Executive summary: European equities opened firmer, with the DAX, Euro Stoxx 50, CAC 40 and FTSE 100 all in the green. The biggest cross-asset move is in USD/JPY, which has dropped sharply after reports of coordinated yen support, while gold, platinum and palladium are rallying and Brent crude is softer. The mix points to a market leaning toward lower energy costs, stronger precious metals and a more cautious FX backdrop as traders assess intervention risk and the next macro catalyst. [Continue Reading]
360LiveNews Markets Intelligence | 03 Aug 2026 08:15 LONDON
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