GLOBAL MARKETS-Stocks Mostly Rise; Investors on Yen Intervention Watch

June 24, 2024, 11.13 PM | Source: Reuters
GLOBAL MARKETS-Stocks Mostly Rise; Investors on Yen Intervention Watch

ILUSTRASI. A specialist trader works at his post on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 3, 2024. REUTERS/Brendan McDermid

GLOBAL MARKET - NEW YORK. Global stock indexes mostly rose on Monday with a key U.S. inflation reading due later this week, while the dollar eased slightly against the yen from levels that put investors on alert for Japanese intervention.

The dollar earlier neared the 160-yen barrier. Japan's top currency official Masato Kanda said authorities will take appropriate steps if there is excessive foreign exchange movement, and that the addition of Japan to the U.S. Treasury's monitoring list would not restrict their actions.

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