Oil prices fell on Monday as investors pared geopolitical risk premiums after U. S. President Donald Trump said he had called off a planned strike on Iran.
Emerging-market equities fell for the first time in three days, led down by South Korean chipmakers unwinding some of the record gains they made on Friday.
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Washington's decision to join Japan in supporting the battered yen has prompted questions over what motivated the rare coordinated intervention.
Japan's finance ministry said Monday it conducted a coordinated yen-buying intervention with the U. S. Treasury on Friday.
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