US, Japan Warn of More Yen Action If Needed; Oil Falls on US-Iran Optimism |Bloomberg Brief 08/03/26

The yen swings after US and Japanese officials signal they are committed to defending the currency following their first joint intervention in 15 years. Oil falls after President Trump called off military strikes in the Middle East and said US-Iran talks are set to resume. Rebecca Walser of Walser Wealth Management discusses the implications of Fed Chair Warsh mulling changes to the frequency and timing of Fed meetings. Massimo Battaini, CEO of Prysmian, discusses the company's all-cash deal to acquire US electrical parts manufacturer Atkore, in an exclusive interview. (Source: Bloomberg)