Yen choppy amid intervention concerns, Asian shares eye weekly gain

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The story "Yen choppy amid intervention concerns, Asian shares eye weekly gain" was covered 2 weeks ago by Business Standard, a news publisher based in India.

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Yen choppy amid intervention concerns, Asian shares eye weekly gain - Business Standard

Quick Summary:

S&P 500 futures were little changed, while Nasdaq futures fell 0.02 per cent and EUROSTOXX 50 futures were flat.

Asian stocks cheered the growing bets for a September rate cut from the Federal Reserve.

The yen swung between losses and gains on Friday in volatile trade, reflecting investors' skittishness after Tokyo was thought to have intervened to prop up the Japanese currency in the wake of a cooler-than-expected US inflation report.