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Yen Jumps as Oil, AI and France Worries Rattle Markets

Brent crude topped $112 a barrel and French bond yields jumped as investors moved into safe havens and sold stocks.

Summary by Channel News Asia
NEW YORK, Oct 22 : The yen was on track for its strongest daily gain in almost a month on Thursday, as investors sought safety amid fragile equity markets, elevated crude prices from the drawn-out war in the Middle East, and doubts over future returns from artificial intelligence.The US dollar, meanwhile, ros

6 Articles

ReutersReuters
+4 Reposted by 4 other sources
Center

Yen jumps as oil, AI and France worries rattle markets

·London, United Kingdom
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El EconomistaEl Economista

The Yen Is Triggered by Concern for Oil, AI and France

The Japanese currency stood at 0.51%, at 157.33 units per dollar. The Swiss franc, another traditional refuge, remained virtually unchanged at 0.824 units per dollar.

·Mexico City, Mexico
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CNBC broke the news in Englewood Cliffs, United States on Thursday, October 22, 2026.
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