{"id":65800,"date":"2026-08-01T21:38:13","date_gmt":"2026-08-02T01:38:13","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-u-s-japan-yen-intervention-and-escalating-energy-risks\/65800\/"},"modified":"2026-08-01T21:38:13","modified_gmt":"2026-08-02T01:38:13","slug":"global-markets-react-to-u-s-japan-yen-intervention-and-escalating-energy-risks","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-u-s-japan-yen-intervention-and-escalating-energy-risks\/65800\/","title":{"rendered":"Global Markets React to U.S.-Japan Yen Intervention and Escalating Energy Risks"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-u-s-japan-yen-intervention-and-escalating-energy-risks\/65800\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-u-s-japan-yen-intervention-and-escalating-energy-risks\/65800\/#Currency_Markets_Coordinated_Intervention_to_Rescue_the_Yen\" >Currency Markets: Coordinated Intervention to Rescue the Yen<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-u-s-japan-yen-intervention-and-escalating-energy-risks\/65800\/#Energy_Record_Profits_Amid_Geopolitical_Volatility\" >Energy: Record Profits Amid Geopolitical Volatility<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-u-s-japan-yen-intervention-and-escalating-energy-risks\/65800\/#Technology_Nvidias_750_Billion_Bet_Sparks_Bubble_Fears\" >Technology: Nvidia\u2019s $750 Billion Bet Sparks Bubble Fears<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-u-s-japan-yen-intervention-and-escalating-energy-risks\/65800\/#Transportation_WestJet_Strike_Threat_Grounds_Hundreds\" >Transportation: WestJet Strike Threat Grounds Hundreds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-u-s-japan-yen-intervention-and-escalating-energy-risks\/65800\/#Geopolitics_SpaceX_Decouples_from_China_Ukraine_Strikes_Russian_Energy\" >Geopolitics: SpaceX Decouples from China; Ukraine Strikes Russian Energy<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>U.S. and Japanese authorities launched a coordinated intervention<\/strong> to support the yen after it hit 40-year lows, with Japan&#39;s Finance Minister Satsuki Katayama set to formalize the joint move on Monday.<\/li>\n<li><strong>Exxon Mobil (<a href=\"\/stock\/XOM\">XOM<\/a>) and Chevron (<a href=\"\/stock\/CVX\">CVX<\/a>) reported blowout Q2 profits<\/strong> of $14.53 billion and $12.07 billion respectively, but warned that fuel costs will remain elevated due to the ongoing U.S.-Iran conflict.<\/li>\n<li><strong><a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>) faces mounting &quot;circular financing&quot; concerns<\/strong> as it commits to over $750 billion in AI deals, drawing comparisons from high-profile investors to the 1999 dot-com bubble.<\/li>\n<li><strong>WestJet has canceled nearly 300 flights<\/strong> as of August 1 in response to a strike notice from cabin crew, threatening major disruptions for the August long weekend.<\/li>\n<li><strong>SpaceX is purging Chinese nationals and components<\/strong> from its global supply chain, citing national security concerns and a move toward a &quot;Non-China, Non-Taiwan&quot; manufacturing base.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Currency_Markets_Coordinated_Intervention_to_Rescue_the_Yen\"><\/span>Currency Markets: Coordinated Intervention to Rescue the Yen<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>U.S. Treasury<\/strong> and <strong>Japanese Ministry of Finance<\/strong> have executed a rare coordinated intervention to stem the historic slide of the Japanese yen. Japan&#39;s Finance Minister <strong>Satsuki Katayama<\/strong> confirmed that authorities remain on &quot;high alert&quot; and will announce further joint measures on Monday to curb speculative moves that have pushed the currency to 40-year lows near 162 per dollar. The <strong>Federal Reserve Bank of New York<\/strong> reportedly conducted yen purchases on behalf of the Treasury, marking the first such joint action since 2011.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Energy_Record_Profits_Amid_Geopolitical_Volatility\"><\/span>Energy: Record Profits Amid Geopolitical Volatility<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Energy giants <strong>Exxon Mobil (<a href=\"\/stock\/XOM\">XOM<\/a>)<\/strong> and <strong>Chevron (<a href=\"\/stock\/CVX\">CVX<\/a>)<\/strong> posted massive second-quarter earnings on Friday, fueled by surging crude prices as the U.S.-Iran conflict enters its sixth month. <strong>Exxon<\/strong> saw profits double to <strong>$14.53 billion<\/strong>, while <strong>Chevron<\/strong> nearly quadrupled its earnings to <strong>$12.07 billion<\/strong>. Despite the windfall, both companies warned that global refining capacity remains critically short, suggesting that consumers will face high fuel costs for the remainder of the year regardless of fluctuations in raw crude prices.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Technology_Nvidias_750_Billion_Bet_Sparks_Bubble_Fears\"><\/span>Technology: Nvidia\u2019s $750 Billion Bet Sparks Bubble Fears<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong><a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> is at the center of a growing debate over a potential AI bubble as it accelerates a fresh round of deals worth more than <strong>$750 billion<\/strong>. Critics, including <strong>Michael Burry<\/strong> and <strong>Mark Cuban<\/strong>, have raised alarms over &quot;circular financing,&quot; where <a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> takes stakes in the very companies that use its chips. The chipmaker&#39;s shares fell <strong>5%<\/strong> following news of a massive <strong>$500 billion<\/strong> partnership with <strong>SK Group<\/strong> and a potential <strong>$250 billion<\/strong> backstop for <strong>OpenAI<\/strong> projects, as investors worry the current boom mirrors the 1999 tech crash.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Transportation_WestJet_Strike_Threat_Grounds_Hundreds\"><\/span>Transportation: WestJet Strike Threat Grounds Hundreds<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>WestJet<\/strong> has initiated an &quot;organized take-down&quot; of its flight network, canceling <strong>276 flights<\/strong> as of Saturday afternoon ahead of a potential strike by cabin crew scheduled for August 2. The airline issued a lockout notice in response to the union&#39;s strike notification, affecting thousands of travelers during a busy holiday weekend. While the company claims it remains at the bargaining table, it has implemented flexible change policies for guests traveling through August 4 to mitigate the impact of the labor dispute.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Geopolitics_SpaceX_Decouples_from_China_Ukraine_Strikes_Russian_Energy\"><\/span>Geopolitics: SpaceX Decouples from China; Ukraine Strikes Russian Energy<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>SpaceX<\/strong> is reportedly demanding that its suppliers remove all <strong>Chinese nationals<\/strong> and <strong>Chinese-made components<\/strong> from their production lines to safeguard national security interests. This &quot;NCNT&quot; (Non-China, Non-Taiwan) strategy aims to insulate the U.S. space program from geopolitical risks in the Taiwan Strait. Simultaneously, the conflict in Eastern Europe intensified as <strong>Ukrainian drones<\/strong> targeted the <strong>Saratov oil refinery<\/strong> and the <strong>Engels airbase<\/strong> in Russia, causing significant fires and further straining global energy supply chains.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways U.S. and Japanese authorities launched a coordinated intervention to support the yen after it hit 40-year lows, with [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[5012],"tags":[4491,4833,5822,5937,7538,11732,14656,19931],"class_list":["post-65800","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","tag-energy-markets","tag-spacex","tag-nvidia-nvda-stock-nvda","tag-exxon-mobil-xom-stock-xom","tag-chevron-cvx-stock-cvx","tag-ai-bubble","tag-westjet","tag-yen-jpy"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/65800","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=65800"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/65800\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50383"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=65800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=65800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=65800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}