A Big Global Rally Is Happening After Night Of The Yen Intervention

The yen is down big from where it was yesterday at this time thanks to the global, coordinate, G-7 intervention.

And markets all around the world approve.

Despite the lack of big progress at the nuke plant, stocks are rallying.

The Nikkei gained 2.7%. The rest of Asia was up modestly, and Europe is nicely higher.

And S&P futures point to a very solid open.

chart

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.


Tagged In

markets moneygame-us