Global shares experienced a general decline on Monday, with Japan’s benchmark index notably falling as the yen appreciated against the U.S. dollar. In early trading, France’s CAC 40 experienced a decline of nearly 0.2%, settling at 8,127.93, whereas the German DAX saw a modest increase of less than 0.1%, reaching 24,881.34. Britain’s FTSE 100 experienced a slight decline of less than 0.1%, settling at 10,138.76. U.S. futures exhibited minimal movement as uncertainty surrounding U.S. tariff policies and other factors continues to prevail. The futures for the S&P 500 increased by a marginal 0.1%, whereas Dow futures remained largely stable.

Earlier in the global day in Asia, Japan’s benchmark Nikkei 225 experienced a decline of 1.8%, closing at 52,885.25, driven by selling pressure on major exporters such as Toyota Motor Corp., whose shares decreased by 4.1%. A depreciated currency typically benefits Japanese exporters by enhancing the value of their revenues generated abroad. In recent months, the dollar has appreciated relative to the yen. The recent decline was pronounced over the past few days, following indications from officials in both Japan and the U.S. that they were ready to intervene to bolster the yen.

While finance officials did not explicitly validate the prospect of intervention, they acknowledged ongoing close collaboration with the U.S. regarding currency fluctuations. “Intervention chatter proved effective.” Since Friday, the yen has experienced a notable rebound amid expectations that Japanese authorities — potentially in coordination with the U.S. — would intervene,” said Ipek Ozkardeskaya. The dollar declined to 153.88 Japanese yen, down from 155.01 yen. Last week, it was observed trading at approximately 158 yen. The euro declined to $1.1851, down from $1.1858.

In other parts of Asia, South Korea’s Kospi experienced a decline of 0.8%, settling at 4,949.59. Hong Kong’s Hang Seng experienced a marginal increase of less than 0.1%, reaching 26,765.52, following fluctuations earlier in the day, while the Shanghai Composite saw a slight decline of nearly 0.1%, settling at 4,132.60. Trading activities were suspended in Australia, New Zealand, India, and Indonesia. Market participants are attentively monitoring upcoming earnings reports from global corporations amid tariff concerns, as gold rose 2% above $5,100 per ounce, silver climbed 5.5% to $109.81, and U.S. crude increased to $61.50 per barrel.