The Nikkei Surges At Open Following Big Plan For Coordinated Yen Intervention

The G7 countries have agreed to some kind of coordinated intervention to weaken the yen.

Following this, the US rally, and the nascent signs of turning a corner at the nuke plant, the Nikkei is up about 2.5%.

And look at what dollar-yen is doing on the intervention news!


NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at