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The yen jumps after a historic U.S.-Japan currency intervention. Wall Street profits are tracking their strongest growth outside a recession. Plus, oil tumbles as hopes rise for renewed U.S.-Iran talks.

Today's recommended read: Iran war ushers in oil refining golden era. It won't last by Ron Bousso

Subscribe to Mike Dolan's Morning Bid⁠⁠⁠⁠⁠⁠ newsletter,⁠⁠⁠⁠⁠ and check out his columns on⁠⁠⁠⁠⁠⁠ Reuters Open Interest⁠⁠⁠⁠⁠⁠.

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