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Reuters Morning Bid

Reuters Morning Bid

Yen intervention

Reuters Morning Bid · Aug 3, 2026 · 9:33

0:009:33

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The yen jumps after a historic U.S.-Japan currency intervention. Wall Street profits are tracking their strongest growth outside a recession. Plus, oil tumbles as hopes rise for renewed U.S.-Iran talks.



Today's recommended read: Iran war ushers in oil refining golden era. It won't last by Ron Bousso

Subscribe to Mike Dolan's Morning Bid⁠⁠⁠⁠⁠⁠ newsletter,⁠⁠⁠⁠⁠ and check out his columns on⁠⁠⁠⁠⁠⁠ Reuters Open Interest⁠⁠⁠⁠⁠⁠.

Produced by Ethan Plotkin, Eliza Davis Beard and Abisoye Osundairo.

Sound engineering and music by Sebastian and Josh Sommer.

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