GLOBAL MARKETS-Yen surges on suspected intervention, shares climb ...Middle East

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GLOBAL MARKETS-Yen surges on suspected intervention, shares climb
The yen jumped against its peers on Monday after it slid past 160 per dollar earlier in the session, with traders citing dollar-selling intervention by Japanese banks as a trigger for its bounce. Meanwhile, European stocks and U.S. futures inched higher as investors looked towards the Federal Reserve's policy decision on Wednesday and U.S. jobs data on Friday.

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